Affordable housing

5108 Fourth Avenue

Eight-Story, 49-Unit Affordable Mixed-Use Project with New Public Library Proposed at 5108 Fourth Avenue, Sunset Park

10:00 am on May 23, 2016 By Reid Wilson

Back in 2014, the Brooklyn Public Library floated the idea of redeveloping its Sunset Park branch – at 5108 Fourth Avenue, located on the corner of 51st Street – into a mixed-use building with a new library and affordable residential units. Now, the Brooklyn Public Library and non-profit developer Fifth Avenue Committee are planning to move forward with an eight-story, 49-unit mixed-use project, DNAinfo reports. The team is expected to begin the city’s Uniform Land Use Review Procedure (ULURP) within the coming weeks. If approved, the building would feature a 21,000-square-foot library. The current single-story, 12,200-square-foot branch, which is in need of repairs, would be demolished. Fifth Avenue Committee would acquire the property from the city to develop the project.

141 Willoughby Street

ULURP Underway for 49-Story, 270-Unit Mixed-Use Tower Proposed at 141 Willoughby Street, Downtown Brooklyn

11:00 am on May 20, 2016 By Reid Wilson

In 2014, Savanna acquired, for $28 million, the three-story commercial building at 141 Willoughby Street, in Downtown Brooklyn. Then in August of 2015, the developer submitted filings to rezone the property in order to build a 44-story, 270-unit mixed-use tower. The city’s Uniform Land Use Review Procedure (ULURP) is now underway, with the latest step resulting in Community Board 2’s Land Use Committee disapproving the rezoning, the Brooklyn Daily Eagle reports. The project itself has grown slightly since initially being filed. Proposed at the latest hearing was a 49-story, 270-unit mixed-use building. Eighty-one of the units would rent at below-market rates. The base of the building would feature two stories (plus the cellar) of retail, followed by seven stories of office space. Morris Adjmi Architects is designing. The latest step in ULURP is merely a recommendation. The proposal will now go before the entire Community Board 2. If the rezoning is granted, Savanna would also acquire from the city, for $4.8 million, a small, triangular park located to the north of the site. It has 47,718 square feet of development rights and would permanently remain as a park.

Edge-on-Hudson

Infrastructure Work Begins for 1,177-Unit Mixed-Use Mega-Development Edge-On-Hudson, Sleepy Hollow, Westchester Co.

10:00 am on May 20, 2016 By Reid Wilson

Back in 2014, Diversified Realty Advisors and California-based SunCal closed on the purchase, for $39.5 million, of the 70-acre former General Motors factory site in Sleepy Hollow, located just north of the Tappan Zee Bridge in Westchester County. Now, the developers have held a groundbreaking ceremony for their mixed-use mega-development called Edge-on-Hudson, Westfair reports. The project will include 1,177 residential units (a mix of condos, townhouses, and rentals), a 140-key boutique hotel, 135,000 square feet of retail and restaurant space, and 30,000 square feet of office space. Some of the units will rent at below-market rates to seniors and lower-income families. Sixteen acres will be made into parkland and a riverfront promenade.

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Pier 6

City Moving Forward Without State on Two-Tower, 304-Unit Mixed-Income Residential Project at Pier 6, Brooklyn Heights

10:00 am on May 19, 2016 By Reid Wilson

In March, the Empire State Development Corporation (ESD) withheld approval for the two-tower, mixed-income residential project at Pier 6 in Brooklyn Bridge Park, located in southern Brooklyn Heights. The city selected RAL Development and Oliver Realty Group, with ODA New York as the architect, to develop a 29-story, 192-unit condominium building and a 14-story, 147-unit mixed-use rental building with 117 below-market-rate apartments, a preschool, a 930-square-foot retail component, and 1,500-square-foot community facility. Now, the ESD is withdrawing from the project, entirely over concerns regarding ties between the developers and the administration of Mayor Bill de Blasio, Politico New York reports.

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