In March, Charney Construction and Development paid $80 million for one of the largest remaining residential development sites in Williamsburg. The one-acre site had belonged to the Dime Savings Bank of Williamsburgh, which unloaded all of its property except for the iconic Neo-Classical bank at the foot of the Williamsburg Bridge.
Mild suffering for a long time or significant hardship for a shorter time. Those were the choices faced by the Metropolitan Transportation Authority when it came to post-Hurricane Sandy repairs on the L train tunnel under the East River. The MTA has opted for the latter option.
Lower Manhattan-based Fiocchi Group has filed applications for a three-story, single-family townhouse at 207 North 5th Street, in Williamsburg. The structure will measure 4,457 square feet and will rise 47 feet above street level. The basement will include a pool, a fitness center, a steam room, and storage space, followed by 4,325 square feet of residential space on the three floors above. Bryan M. Brown’s Upper East Side-based architectural firm is the architect of record. The 25-foot-wide, 2,500-square-foot property was previously occupied by a three-story, three-unit residential building, which was demolished last December. The Bedford Avenue Station on the L train is located three blocks away.
Kew Gardens-based M Development has filed applications for a four-story, seven-unit residential building at 194 Ainslie Street, in central Williamsburg. The structure will measure 6,570 square feet and its residential units should average 714 square feet apiece, indicative of rental apartments. There will be one unit on the ground floor, which will also feature space in the cellar, followed by two units per floor on the upper three. Private residential storage space will be located in the cellar. Emmanuel Katerinis’s Astoria-based SM Studio Inc. is the architect of record. The 25-foot-wide, 2,500-square-foot property is currently occupied by a two-story townhouse. Demolition permits were filed in June. The Lorimer Street Station on the L train is located four blocks away.
Renderings have now surfaced of the 19-story, 130-unit mixed-use tower planned at 321 Wythe Avenue, located just three blocks in from the East River in Williamsburg, as per a tipster’s tweet on Friday. The renderings are credited to the project’s architect, Nataliya Donskoy’s Brooklyn-based ND Architecture & Design. The structure will encompass 134,995 square feet, according to the latest filings. The second floor will host 5,218 square feet of medical offices, followed by 130 residential units across the fourth through 19th floors. The units should average 759 square feet apiece, indicative of rentals, and amenities will include a 92-car parking garage on the ground floor, storage for 65 bikes, outdoor terraces on the second and third floors, and the rooftop. Watermark Capital Group is the developer and Saints Peter and Paul Catholic Church is the property owner. The church’s existing single-story facility must first be demolished.