Property owner Doreen Tam has filed applications for a four-story, four-unit residential building at 93 Douglass Street, in Carroll Gardens near Downtown Brooklyn. The building is expected to measure nearly 4,000 square feet, and Shiming Tam is designing. An existing two-story, two-unit brick townhouse must first be demolished.
Real Estate Weekly has the reveal for Advanced Realty’s seven-story, 140-unit mixed-use building at 1316 Willow Avenue, at the corner of 14th Street in Hoboken, New Jersey. Dubbed Willow14, retail space will measure 20,000 square feet on the ground floor, and the project is expected to achieve LEED certification. Construction is well underway, and completion is expected in late 2016.
Brownstoner reports the vacant 5,000 square-foot lot at 1425 Fulton Street, in south-central Bedford-Stuyvesant, is now on the market as a development site for $6 million. GFI Realty Services is marketing the property, which boasts 22,365 square feet of mixed-use building potential, or 29,820 square feet if affordable units are included. If sold at asking price, the property would go for $268 per buildable square-foot; in January, residential development in the neighborhood reached $154 per buildable square foot.
According to Curbed, HFZ Capital is converting the 19- and 13-story former rental buildings, at 88 and 90 Lexington Avenue, in NoMad, into condominiums. The buildings will be combined to share a lobby and 8,000 square feet of amenities, but the number of planned condominiums has yet to be revealed. Workshop/ADP is designing, and sales will launch in the coming weeks.
Per DNAinfo, The Brooklyn Hospital Center plans to sell the 21-story Maynard Building, located at 240 Willoughby Street, in Fort Greene, to a developer and use the money to develop a new 155,000 square-foot Ambulatory Care Center at their parking lot spanning 95-99 Dekalb Avenue. The Maynard Building apparently offers spectacular views and would likely be up for a residential conversion. Developers for both proposals have yet to be found.
