A strip of aging industrial buildings along McCarren Park in Greenpoint are gradually giving way to residential ones. First, an old school Polish bakery sold to Chatham Development Company for $8.7 million, and plans for a seven-story, two-tower condo building surfaced at the DOB. Now, new building applications have been filed for a six-story apartment building at 848 Lorimer Street, between Nassau and Driggs avenues.
Just about every empty lot and warehouse in northern Greenpoint is becoming a small apartment building, but Hadas Hakmon’s M Development has snagged one of the last available sites in the area at 44 Box Street, a block from Newtown Creek and the East River waterfront.
London-based Quadrum Global acquired the 179,000 square-foot development site at 53 Huron Street (a.k.a. 161 West Street), in Greenpoint, back in 2014 for $45.5 million. With the inclusionary housing bonus and an up-zoning, the site could accommodate a roughly 430,000 square-foot development, and Young Kim’s Queens-based Tan Architect has designed such a project. According to Brownstoner, the plans, which are currently on hold, sport 15- and 22-story residential towers with 516 total units. A sky bridge would connect the towers, and a multi-level podium would include parking, a terrace, and probably retail space. It’s not known when the developer will move forward with the project, which would require the demolition of a two-story warehouse.
Developer Cayuga Capital plans to carve apartments out of an aging brick warehouse on the Greepoint waterfront, and a year and a half after uncovering an initial rendering, YIMBY has a better look at what the stepped development at 79 Quay Street will look like.
Construction is chugging along on the banks of Newtown Creek in north Brooklyn, where Greenpoint Landing will eventually span 10 acres with 5,000 apartments. YIMBY swung by the megaproject earlier this month and caught up on the progress at three affordable rental buildings: 33 Eagle Street, 21 Commercial Street, and 5 Blue Slip.
Five environmentally-minded projects in Greenpoint received a total $4.25 million in funding last week, according to DNAinfo. One of those projects include the Greenpoint Monitor Museum’s planned USS Monitor Park, which was specifically awarded $599,200. To be located at 56 Quay Street on the Bushwick Inlet, the vacant property would be transformed into public green space. The shoreline would be restored and designed to protect against future floods, and a boardwalk would be installed. The Greenpoint Monitor Museum building will eventually be constructed on the same property, adjacent to a neighboring warehouse. AECOM is designing and the National Oceanic and Atmospheric Administration’s (NOAA) USS Monitor National Marine Sanctuary is partnered in the project.