Brooklyn-based developer Hello Living is expanding into The Bronx. The announcement of their purchase of 1049 Washington Avenue in the South Bronx yesterday—their second development and acquisition outside of Brooklyn—also brought forth the first renderings plans to realize the site as condominiums.
Hello Living’s first foray into Manhattan development will be a pricey one. The Brooklyn-based full-service real estate development firm announced earlier this week their plans to acquire 4650 Broadway in Inwood. If that address rings a bell, it’s because FBE Limited purchased the site this past spring from Acadia Realty Trust for $26 million. At $55 million, Hello Living paid more than twice that for 370,039 buildable square feet.
Fresh renderings from local developer Hello Living reveal a sleek, mixed-use building on the rise in Brownsville, Brooklyn. Located on a sprawling corner lot, 203 Sutter Avenue, the project will be named Hello Sutter, and will include 52 residential units and over 10,000 square feet of commercial area.
Crown Heights-based developer Hello Living is putting up new buildings all over central Brooklyn, mostly in neighborhoods north and east of Prospect Park. YIMBY recently swung by the firm’s sizable development under construction at 271 Lenox Road, at the corner of Nostrand Avenue in Flatbush.
Hello Living’s ambitious 23-story tower is moving forward at 1580 Nostrand Avenue in Flatbush. Five months after the Brooklyn developer placed the site on the market for $28 million, the firm headed by Eli Karp has reversed course.