Filings for new buildings in Flatbush have slowed down, but developers continue to push the boundaries of gentrified Brooklyn further east and south. Owner David Shavolian filed plans earlier this week to build a six-story residential project at 3116 Clarendon Road in East Flatbush.
Last summer, the Times reported that Extell had acquired the third and final piece of City Point, a sprawling mixed-use development in Downtown Brooklyn. The developer rolled out initial renderings for their 59-story tower at 138 Willoughby Street in January, and now we have a better look at what will eventually be one of Brooklyn’s tallest towers.
Last year, residential development in the South Bronx was booming. This year, builders are looking at their future tax bills – without the 421-a tax break – and realizing that it’s safer and cheaper to build hotels than apartments.
Developer and architect Alex Barrett is working on his third ground-up project in Brooklyn. He filed new building applications for a seven-story residential building at 762 Park Place, between Rogers and Nostrand avenues in Crown Heights.
The South Bronx is suddenly booming with development, from affordable housing to market-rate rentals. But there are also plenty of hotels in the works, particularly in the area around Yankee Stadium. Last week, we spotted plans for an 11-story hotel at 859 Sheridan Avenue, between 159th and 161st streets in Concourse Village
