New Developers To Build Five-Story, 130-Unit Residential Project At 1873 Starr Street, Ridgewood

1873 Starr Street/176 Woodward Avenue, rendering by Aufgang Architects1873 Starr Street/176 Woodward Avenue, rendering by Aufgang Architects

In October of 2015, YIMBY reported on applications for a five-story, 130-unit residential building at 1873 Starr Street, in western Ridgewood, located five blocks from the Jefferson Street stop on the L train. Now, Slate Property Group has sold the development site to Valyrian Capital and MGM Property Group for $18.5 million, according to Real Estate Weekly. The new owners plan to move forward with the approved project, which measures 141,929 square feet in total and will include 5,009 square feet of ground-floor retail space along with 3,000 square feet of community facility space. The apartment units should average 650 square feet apiece, with 45 of them to be rented at below-market rates. Amenities include a gym, a roof deck, a laundry room, and a garage for 64 bikes and 65 cars. Aufgang Architects is designing the building.

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1 Comment on "New Developers To Build Five-Story, 130-Unit Residential Project At 1873 Starr Street, Ridgewood"

  1. Many of these new, big projects will be opening around the time the L train to Manhattan will stop for 18 months of tunnel renovation with new track and wiring. How can it take 18 months?!
    It will be interesting to see if this very disruptive MTA project will have an affect on area real estate demand for the next few years.

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