In January, developer Yosef Streicher disclosed preliminary plans to redevelop the long-vacant, three-story 68th Police Precinct Station House and Stable, an individual landmark at 4302 Fourth Avenue, located on the corner of 43rd Street in Sunset Park. The plan was for some sort of community facility, a café, and roughly 10 residential units. The New York City School Construction Authority (SCA) has since struck a deal with the developer to transform the property into an over 300-student public school, the Brooklyn Paper reported, which means the original plans are out the window. The SCA also disclosed the possibility and likelihood that the buildings could be demolished. Since the structures are an individual landmarks, that means the Landmarks Preservation Commission would have to approve its demolition (a highly unlikely event). The city could automatically demolish the landmark if the structures are deemed hazardous.
4302 4th Avenue
Over the summer, Yosef Streicher purchased the dilapidated, three-story former police station at 4302 Fourth Avenue, in northern Sunset Park, for $6 million. Now, the owner plans to redevelop the castle-like structure into a community center and a café. According to the Brooklyn Daily, preliminary plans also call for a residential building with 10 units to be built behind the old Precinct on the vacant lot at 364 43rd Street. An architect has not yet been selected, but Ben Herzog is among the front-runners who may eventually design the project. The Brooklyn Daily Eagle has renderings of other designs for the proposed redevelopment, which will eventually have to be approved by the Landmarks Preservation Commission.
Earlier this year, the landmarked buildings at 4302 4th Avenue, in northern Sunset Park, were placed on the market as a development site, and now Yosef Streicher has purchased the property for $6 million, according to Commercial Observer. The dilapidating two- and three-story buildings, which amount to nearly 20,000 square feet, need to be gut-renovated, and 14,567 square feet of unused air rights can be used for an expansion. No plans have been disclosed, but changes to the facade would require approval from the LPC.
Industrial City [Crain’s Business]: Jamestown Properties, Belvedere Capital, and Angelo Gordon have partnered “to invest $1 billion to refurbish” the 16-building, 6 million square-foot Industrial City complex, in Greenwood. A hotel building has also been proposed to be built on…