Brownstoner reports the three contiguous properties spanning 626-630 5th Avenue, in Park Slope, are being redeveloped into 26 to 28 residential units by their new owner, George Malafis. His development plans have not yet been filed with the DOB, but the existing buildings rise three stories and amount to 22,500 square feet. The current retail tenant is expecting to move out in the coming weeks.
Lam’s Capital LLC has filed applications for a six-story, 10-unit mixed-use building at 4023 10th Avenue, in northern Borough Park. The structure will measure nearly 14,700 square feet in total; a community health care facility will take up nearly 3,050 square feet, and 2,440 square feet will be designated for retail. Shiming Tam is designing, and the existing three-story structure was approved for demolition in March.
Shi Xiong Zhou has filed applications for a six-story, 10-unit mixed-use building at 837 52nd Street, in Sunset Park near 8th Avenue. The new building will measure 11,920 square feet and a daycare center will span 3,030 square feet on the first two floors. Shiming Tam is designing, and permits were filed in March to demolish the existing two-story, four-unit townhouse.
102-08 Holding Inc. has filed applications for a four-story, nine-unit residential building at 90-05 56th Avenue, in southern Elmhurst. The building will measure roughly 6,400 square feet, and an existing two-story abode must first be demolished. Chang Hwa Tan, of Tan Architect PC, is the architect of record.
Crain’s Business reports that Norman Brodsky is expecting to sell the burned-down warehouse located on Williamsburg’s northern waterfront, at 5 North 11th Street, to a pair of developers. Midtown Equities and East End Capital have reportedly signed a contract to purchase the site, but the exact price has yet to be revealed. The property is currently zoned for commercial and manufacturing use; 600,000 buildable square feet is available as-of-right.
