Since the 2005 rezoning of Greenpoint and Williamsburg, the city has slowly been building out Bushwick Inlet Park, which was planned to span the waterfront from North 7th to 15th streets when combined with the East River State Park. A large swath of the waterfront is still occupied by CitiStorage warehouses between North 10th and 12th streets, and that site is expected to be sold to a team of developers, but the city is moving in to acquire the swath of land at 1 North 12th Street, between North 12th and 14th streets. The city is paying $53 million for the seven-acre plot of land, currently occupied by a three-story warehouses and the Bayside Fuel Oil Depot’s storage tanks, according to The Real Deal. If the initial plans are executed, the city will demolish everything and convert the entire lot into public park space. The new park space would be located right across Bushwick Inlet from the planned USS Monitor Park.
Long Island-based property owner Hadas Hakmon has filed applications for a four-story, seven-unit residential building at 17 Diamond Street, in southern Greenpoint, located five blocks from the Nassau Avenue stop on the G train. The new building will measure just 4,973 square feet, which means units will average 710 square feet apiece, indicative of rental apartments. There will be two units per floor with exception of the ground floor, where there will be only one unit. It will share the ground floor with the lobby, although the residential unit will also have private space in the cellar. Astoria-based Anthony Cucich is the architect of record. An existing two-story townhouse must first be removed, although demolition permits are not on file yet.
Eastern Greenpoint has long been grittier and more industrial than its western sibling, but that hasn’t stopped developers from venturing to the area around the elevated Brooklyn-Queens Expressway and the Newtown Wastewater Treatment Plant. Yesterday, new building applications were filed for a five-story apartment building at 19 Hausman Street, half a block north of the elevated highway that runs along Meeker Avenue.
Simon Baron Development has acquired the two-story commercial property at 12 Franklin Street, in southern Greenpoint, for $24 million, according to The Real Deal. Located six blocks from the Nassau Avenue stop on the G train, the property is within the proposed Enhanced Business District, which would allow developers to trade light manufacturing space for extra office space in the North Williamsburg Industrial Business Zone. Before proposing to build anything, Baron is waiting to see how well the proposed rezoning works. Under current zoning, the property could accommodate a new 55,500 square-foot commercial building, or if community facility space is included, a 133,320 square-foot building.
Property owner Tahira Chaudhry has filed applications for a five-story, six-unit mixed-use building at 1138 Manhattan Avenue, in northern Greenpoint, located at the corner of Box Street. It will encompass 9,648 square feet and will feature 1,180 square feet of retail space on the ground floor. Residential units will begin on the second floor and should average 995 square feet apiece. There will be two units per floor on floors two and three, another unit on part of the fourth floor, and a duplex units on the rest of the fourth floor and the entire fifth floor. Fresh Meadows-based Jamil Coppin is the architect of record. An existing three-story townhouse must first be demolished.