Developers flocked to Ocean Avenue in Brooklyn during the years following World War I, and after decades of decline, builders have finally returned to the broad, tree-lined thoroughfare. The latest new building planned there is 1704 Ocean Avenue, a seven-story residential development between Avenue L and Avenue M in Midwood.
Crown Heights has some of the fastest rising rents in all of Brooklyn. It’s gentrifying at a rate that merited two New York Times real estate section features in the last year, neither of which could resist mentioning riots that occurred 24 years ago. At the same time, new development is sweeping across the area, concentrated at the western edge between Washington and Nostrand Avenues.
Nothing symbolizes Harlem’s transformation better than the start of construction on the Whole Foods at 100 West 125th Street, which has been in the works since 2012. Harlem+Bespoke spotted foundation work in April, and now Tectonic has sent along some shots of the latest progress.
Hotel developer Sam Chang of McSam Hotel Group has just broken ground on a 114-key hotel at 324 West 44th Street, and YIMBY has a first look at the development, which will be a Marriott TownPlace Suites.
Hotel developers have started flocking to the transit-rich and industrially zoned area around Queensboro Plaza, but it looks like the hotel boom has moved north towards the Astoria borderlands. New building applications were filed today for a nine-story hotel at 12-02 37th Avenue in Long Island City, at the edge of the neighborhood’s Industrial Business Zone.
