New York YIMBY

Excavation and Foundation Work Progresses at 375 Dean Street in Park Slope, Brooklyn

7:30 am on February 6, 2022 By Michael Young

Excavation and foundation work are ramping up at 375 Dean Street, site of a 12-story residential building in Park Slope, Brooklyn. Developed by 35 Holding LLC, the 125-foot-tall structure will yield 79,715 square feet and 104 units, as well as a cellar and ground-floor retail space. Empire Management & Construction LLC is the general contractor for the property, which is located at the corner of Dean Street and the busy corridor of Fourth Avenue.

GFI Completes $195M Refinancing of The Beekman Hotel at 123 Nassau Street in Financial District, Manhattan

7:00 am on February 6, 2022 By Sebastian Morris

An affiliate of GFI Capital Resources has secured $195 million in refinancing for The Beekman, a historic landmarked hotel in Manhattan’s Financial District. The deal included a $130 million senior loan with Bank OZK arranged by Newmark and a $65 million subordinate financing raised from bond investors on the Tel Aviv Stock Exchange.

Housing Lottery Launches for 2809 Clarendon Road in Flatbush, Brooklyn

6:30 am on February 6, 2022 By Vanessa Londono

The affordable housing lottery has launched for 2809 Clarendon Road, a seven-story residential building in Flatbush, Brooklyn. Designed by NY Building Associates Inc., the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,286 to $167,570.

350 Butler Street’s Brick Façade Begins Installation in Park Slope, Brooklyn

8:00 am on February 5, 2022 By Michael Young

Façade installation has begun on 350 Butler Street, a topped-out 11-story residential building in Park Slope, Brooklyn. Designed by Queens-based Robert Litchfield Architect and developed by The Brooklyn Home Company under the 346 Butler LLC, the 116-foot-tall, 48,572-square-foot, structure will yield 31 units. Titan Realty & Construction LLC is the general contractor for the project, which stands between Fourth Avenue and Gregory Place.

Plank Road at 662 Pacific Street - VMI rendering for IF Studio

Developers Announce 50-Percent Lease of Plank Road at 662 Pacific Street in Prospect Heights, Brooklyn

7:30 am on February 5, 2022 By Sebastian Morris

Plank Road, a new residential property within Brooklyn’s Pacific Park redevelopment zone, is now more than 50 percent leased, according to developer The Brodsky Organization. Designed by Marvel Architects, the 27-story building is located at 663 Pacific Street in Prospect Heights and yields 312 rental apartments ranging from studios up to two-bedrooms. A total of 94 apartments are set aside as affordable housing. The lower levels of the building will also house a new public middle school.

Permits Filed for 27 Rockwell Place in Fort Greene, Brooklyn

7:00 am on February 5, 2022 By Vanessa Londono

Permits have been filed for an 18-story residential building at 27 Rockwell Place in Fort Greene, Brooklyn. Located between Fulton Street and Dekalb Avenue, the interior lot is two blocks from the Dekalb Avenue subway station, serviced by the B, Q, and R trains, and the Nevins Street station, serviced by the 2, 3, 4, and 5 trains. Chesky Rosen under the 19 Rockwell Place LLC is listed as the owner behind the applications.

Permits Filed for 828 Metropolitan Avenue in East Williamsburg, Brooklyn

6:30 am on February 5, 2022 By Vanessa Londono

Permits have been filed for a nine-story mixed-use building at 828 Metropolitan Avenue in East Williamsburg, Brooklyn. Located between Olive Street and Orient Avenue, the lot is within walking distance of the Graham Avenue subway station, serviced by the L train. Konstantin Gubareff of Prospect Developers II is listed as the owner behind the applications.

67 Vestry Street’s Expansion Continues Progress in Tribeca, Manhattan

8:00 am on February 4, 2022 By Michael Young

Steelwork is progressing on 67 Vestry Street, a 13-story residential building in Tribeca. Designed by BP Architects and developed by Iliad Realty Group, the project involves a four-story addition atop a historic 88,712-square-foot Romanesque structure, bringing the total height from 115 to 153 feet tall. King Contracting Group is leading the masonry and brick installation, Urban Atelier Group is the general contractor, and Gachot Studios is designing the interiors of the 13 condominium units within the property, which is located at the corner of Vestry Street and West Street, directly across from Hudson River Park. Corcoran Sunshine Marketing Group was last reported to be the exclusive marketing and sales agent for the residences.

Rendering of Centurion Union Center, Phase 5 - Courtesy of LANDMARK

Union Township Planning Board Approves Phase 5 of Centurion Union Center in Union, New Jersey

7:30 am on February 4, 2022 By Sebastian Morris

The Union Township Planning Board has approved the fifth phase of Centurion Union Center, a sprawling mixed-use complex in downtown Union, New Jersey. The complex is the latest project from American Landmark Development, which has rebranded as LANDMARK.

Permits Filed for 8 Stuyvesant Place in St. George, Staten Island

7:00 am on February 4, 2022 By Vanessa Londono

Permits have been filed for a 17-story mixed-use building at 8 Stuyvesant Place in St. George, Staten Island. Located between Slosson Terrace and Hyatt Street, the lot is within walking distance of the St. George subway station and St. George ferry terminal. Madison Realty Capital is listed as the owner behind the applications.

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