A forlorn industrial area next to the Cross Bronx Expressway in West Farms may finally see new life, now that plans have been filed for a large affordable housing development there. Prolific affordable developer Monadnock Construction hopes to build a 15-story mixed-use building at 1905 West Farms Road, near the Bronx River and P.S. 214.
Over a year ago, YIMBY reported on filings for a seven-story, 75-unit residential and retail development at 84 North 3rd Street, in northern Williamsburg. Now, Hudson Companies has landed $47 million in loans to acquire the land and to fund their development, which spans 84-94 North 3rd Street and 112-125 Metropolitan Avenue. The project will actually be two buildings totaling 95 residential units, with 20% set aside for affordable housing, according to Commercial Observer. One building will be six stories and the other seven, and 15,000 square feet of ground-floor retail is expected. Marvel Architects is designing, and ABS Partners Real Estate owns a 50% stake in the property. Completion is slated for late 2017.
John Quadrozzi Jr., owner of the Gowanus Bay Terminal, at 699 Columbia Street in Red Hook, is proposing to sail the deteriorating 990-foot-long S.S. United States to his dock and transform the ship into office space and entertainment facilities, according to The Brooklyn Paper. The vessel has 12 decks and roughly 500,000 square feet of usable floor space, and would be self-sustaining, energy-wise, using solar, wind, and waste energy. The project could cost as much as $200 million, and Quadrozzi is currently in discussions with developers, investors, and government officials.
One of the last big development sites in central Crown Heights is a Rite Aid at 1040 St Johns Place, between Brooklyn and Kingston Avenues. Now new building applications have been filed to erect a seven-story building on the big property, which is currently a Rite Aid.
Brooklyn-based YS Realty has filed applications for two four-story, eight-unit residential buildings at 124-130 Harrison Avenue, in southern Williamsburg, two blocks from stops on the G train or the J/M trains to the north and east, respectively. Each building will measure 7,120 square feet, which means units will average 890 square feet. Charles Mallea’s Brooklyn-based M Architecture is the architect of record, and the site’s single-story predecessor was demolished back in 2005.
