The city hopes to kick off its big East New York rezoning within the next few weeks, and it plans to subsidize the construction of 1,200 new affordable apartments in the transit-rich area near Broadway Junction. Meanwhile, market-rate development is slowly growing in the southern half of the neighborhood, where new construction comes in the form of small three- and four-story buildings—the only thing that pencils out right now.
Forest Hills-based developer Sharon Cohen has filed applications for three three-story, multi-family residential buildings at 2344-2346 Boynton Place, in southern Gravesend, a block from stops on the F or N subways, at Avenue X or 86th Street, respectively. Each building will contain three units. The development’s nine apartments will spread across 11,631 square feet of space, for average units of 1,292 square feet. Long Island-based Shahriar Afshari is the architect of record, and an existing home must first be demolished.
Brooklyn-based ANM Real Estate has filed applications for a four-story, 10-unit residential building at 514 Maple Street, in northern East Flatbush, five blocks from the 2 and 5 trains’ stop at Sterling Street. The building will measure a total 7,829 square feet, and units will average 782 square feet apiece; the two fourth-floor apartments will also share the fifth-floor penthouse. Leonid Segal’s Borough Park-based Tecnico Engineering is the applicant of record, and the site’s two-story predecessor was demolished in 2000’s.
AvalonBay Communities’ planned six-story, 191-unit residential building at 240 East Shore Road, located on the eastern shore of Great Neck, in Nassau County, is currently underway after breaking ground this past summer. According to The Island Now, the development will include 81 one-bedroom, 79 two-bedroom and 31 three-bedroom units, and the structure will be fire-resistant. The site’s six petroleum tanks, formerly owned by Commander Oil, were demolished in March, and completion is expected in late 2017.
The hulking remains of Greenpoint Terminal Market once dominated West Street in Greenpoint, after a mysterious 10-alarm fire destroyed much of the former industrial complex in 2006. But the low-slung factories are finally giving way to towers. One developer has filed new building applications for a 19-story residential development at 27 West Street, between Calyer and Quay Streets, a block south of the old Terminal Market.
