About a year ago, Chelsea-based GPB Capital Holdings entered into contract to acquire the development site at 211-215 Schermerhorn Street, in Downtown Brooklyn. Now, the entity has finally closed on the purchase for $30 million, Commercial Observer reported. The developer plans to build a 14-story, 47-unit mixed-use building at the site, as reported by YIMBY when filings were submitted earlier this year. The latest permits indicate the project will encompass 93,184 square feet. There will be 5,372 square feet of retail space across the ground and cellar levels, followed by residential units above. The units will be condominiums, averaging 1,464 square feet apiece. Morris Adjmi Architects is the architect of record. The 7,556-square-foot assemblage is currently vacant.
Since it was entirely below-grade back in January, construction is now up to the seventh floor on the 33-story, 270-unit mixed-use building planned at 120 Nassau Street (a.k.a. 199 Jay Street), in Downtown Brooklyn. The latest photo is courtesy of Tectonic, who posted it to the Forums. The latest building permits indicate a 313,093-square-foot, 425-foot-tall structure is in the works. It will include retail space on the ground floor, office space on parts of the second through eighth floors, and residential units across the rest of the second through eighth floors, as well as the 10th through 32nd floors. The units should average 854 square feet apiece, indicative of rental apartments. A slew of amenities will accommodate the apartments. The Clarett Group is the developer and Woods Bagot is behind the architecture. Completion can probably be expected in 2017 or 2018.
Downtown Brooklyn is abuzz with new construction. YIMBY has covered this extensively and it’s been plain to see for those traveling around the city. Now, one of two new hotels on the same block in the neighborhood is inching closer to completion.
Two years ago, YIMBY brought you the first look at the 12-story office and medical center for New York City Hotel and Motel Trades Council’s Employee Benefit Funds at 620 Fulton Street in Downtown Brooklyn. Now, workers are installing a curved, undulating facade on the building, and Tectonic has photos of the progress.
Construction has reached the fifth floor of the planned 21-story, 105-unit mixed-use building at 237 Duffield Street, in Downtown Brooklyn. The latest construction photo was posted to the Forums by prolific photographer Tectonic. The latest building permits show an 111,775-square-foot, 222-foot-tall building is in the works. It will have 4,731 square feet of retail space across the ground and cellar levels. The residential units above should average 809 square feet apiece, indicative of rental apartments. Amenities include storage for 53 bikes, laundry facilities, and terraces on the 13th and 21st floors. Castle Rock Equity Group is the developer and Urban Tectonics is behind the architecture. Completion can probably be expected in 2017.