545 Broadway

YIMBY Checks in on 545 Broadway in Williamsburg, Brooklyn

YIMBY went to visit 545 Broadway in Williamsburg, Brooklyn, the site of a proposed 400,000-square-foot mixed-use building from Blesso Properties. Designed by Garrison Architects, the structure is planned to yield 100 residential units, commercial space, and a 15,000-square-foot roof deck. The developer purchased the property for $32.8 million five years ago, and it was last reported that the 27-story project will also utilize 190,000 square feet of air rights.

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525 Broadway

100-Unit Mixed-Use Project Planned At 525 Broadway, Williamsburg

Blesso Properties has acquired the former Lincoln Savings Bank building and the 13,000 square-foot parking lot at 525-545 Broadway, in southern Williamsburg, for $32.8 million; the site was placed on the market a year ago. According to Curbed, the assemblage includes 190,000 square feet of development rights, and a mixed-use building, with 100 rental units and a 15,000 square-foot roof deck is planned for the vacant lot. The existing 60,300 square-foot bank building will also be redeveloped, and the project is located right beneath the J and M trains’ Lorimer Street stop.


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