Earlier this year, the city paid $53 million to acquire the property at 1 North 12th Street, located between North 12th and 14th streets along Kent Avenue on the border of Greenpoint and Williamsburg, with plans to convert the site into public park space. The city has now agreed to pay $160 million for the 11-acre CitiStorage site, located between North 10th and 12th streets at 5 North 11th Street, Crain’s reported.
Apartments are finally taking shape on a long-vacant lot at the corner of Kent and West streets, along the Greenpoint waterfront. Tectonic swung by the site at 44 Kent Street to bring us an update on the project, which is one of several new buildings rising in this former industrial neighborhood.
Construction has topped out and is quickly wrapping up on the six-story, 102-unit mixed-use building under development at 5 Blue Slip as part of the Greenpoint Landing mega-development, in northern Greenpoint. All of the building’s apartments will rent at below-market rates through the affordable housing lottery; applications for them have just launched.
A rendering has been revealed of sculptor Barry X Ball’s new three-story, 19,000-square-foot studio warehouse planned at 193 Banker Street, in southern Greenpoint. The latest building permits show that manufacturing space will be on the ground floor, office space on the second floor, and a 1,524-square-foot living quarters will be located on the third floor.
Yesterday, YIMBY brought you an update on the completed 93-unit affordable residential building at 21 Commercial Street, in Greenpoint, built as part of the 10-building Greenpoint Landing mega-development. Another piece of Greenpoint Landing, at 33 Eagle Street, can also be declared as complete, thanks to a photo posted to the YIMBY Forums. There, a seven-story, 98-unit mixed-use structure sits measuring 96,446 square feet. It includes 1,514 square feet of ground-floor retail space and contains 97 affordable residential units (and one unit for the superintendent), which range from studios to two-bedrooms and average 885 square feet apiece. Amenities include a fitness center, laundry facilities, storage for 49 bikes, and a courtyard. Park Tower Group and L+M Development Partners are the developers, and Handel Architects is behind the design. Occupancy is probably imminent.