New building applications for single and multi-family residential developments in New York City saw a major slowdown in 2016, as the fading boom following the changes that occurred at the Department of Buildings in 2014 began to slack further. Numbers have plunged by over half since 2014, and by 38 percent since 2015. The full report with spreadsheets covering every new building application is available at the research store.
Developer Abraham Brach has acquired, for $27.5 million, the 30,000-square-foot development site at 191 Harrison Avenue, located between Bartlett and Gerry streets in the Broadway Triangle section of Williamsburg. The new owner plans to build a mixed-use project with community facility space, geared toward the Orthodox Jewish community, and residential units, The Real Deal reported. The site can accommodate up to 120,000 square feet of development. It’s occupied by multiple dilapidated, low-rise commercial-warehouses, ranging from one to three stories. Demolition permits have yet to be filed.
Brooklyn-based Agora Development Group has filed applications for a five-story, five-unit residential building at 210 Jackson Street, in northern Williamsburg. The project will measure 6,066 square feet and its full-floor apartments should average 1,000 square feet apiece, indicative of condominiums. Oscar M. Fuertes’s Huntington, N.Y.-based architecture firm is the architect of record. The 2,500-square-foot lot is occupied by a two-story townhouse. Demolition permits were filed in December.
An anonymous Brooklyn-based LLC has filed applications for two buildings with a total of nine residential units at 167 and 169 Lorimer Street, in the Broadway Triangle section of Williamsburg. A four-story, three-unit building measuring 10,989 square feet is slated for 167 Lorimer Street, while a six-story, six-unit building measuring 13,824 square feet is planned at 169 Lorimer Street. Across both buildings, the apartments should average 2,034 square feet apiece, indicative of units with family-sized configurations. De-Jan Lu’s Greenwich Village-based architecture firm is the architect of record. The 6,900-square-foot assemblage is mostly vacant, except for a 20-foot-wide, single-story warehouse. Demolition permits were filed in November.
Brooklyn-based property owner Kazi Billah has filed applications for a six-story, 18-unit mixed-use building at 302 Broadway, located on the corner of Marcy Avenue in the heart of Williamsburg. The project will measure 26,070 square feet and rise 65 feet to its roof. There will be 5,790 square feet of ground-floor retail space, followed by 5,790 square feet of medical offices on the second floor. There will be 18 residential units, averaging 805 square feet apiece, across the fourth through sixth floors. A 12-car garage will be located on the third floor.