Permits Filed: 344 Lorimer Street, Williamsburg

344 Lorimer Street, image from Google Maps344 Lorimer Street, image from Google Maps

Traditionally, Williamsburg’s Northside has been its most expensive, attracting condo development while the rest of the neighborhood, especially east of the Brooklyn-Queens Expressway, was largely the province of more accessible rental projects. But with development pressure mounting and a dwindling supply of buildable sites in the most sought-after waterfront areas, condo developers are starting to look at more marginal locations.

And so we find a new building permit application for what appears to be a luxury condo project at 344 Lorimer Street, just to the north of the massive Lindsay Park co-op housing complex that divides Williamsburg proper from the grittier Broadway Triangle area.

The five-story building is planned to have five full-floor apartments, with a total of nearly 7,000 square feet of residential space, for an average unit size of nearly 1,400 square feet.

There will be no ground-floor retail, as the land does not have a commercial overlay allowing it – nevermind that the existing two-story pre-war walk-up, which must be demolished before the new condo building rises, has a Puerto Rican steakhouse grandfathered in as a tenant on the first floor.

The developer, listed as Robert Bagdadi, picked up the site late last year for a bit over $1 million, or just under $150 per buildable square foot. Karl Fischer will be responsible for the design.

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