BK Developers Inc.

The Alchemy Completes Construction at 50-07 5th Street in Long Island City, Queens

Construction is complete on The Alchemy, a six-story residential building at 50-07 5th Street in the Hunters Point section of Long Island City, Queens. Developed by BK Developers Inc. under the 5007-5009 Development LLC, the structure yields 17 condominium units in one- to two-bedroom layouts, including two ground-floor duplexes. The property is located on an interior plot between 50th and 51st Avenues. Alexander Pereira of Modern Spaces is head sales and marketing for the project.

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The Anable Completes Construction at 10-64 Jackson Avenue in Long Island City, Queens

Construction is complete on The Anable, an eight-story residential building at 10-64 Jackson Avenue in Long Island City, Queens. Designed by Zproekt and developed by BK Developers, the structure yields 22 homes in one- to three-bedroom layouts including duplexes spanning over 1,400 square feet, as well as ground-floor retail space. Modern Spaces in charge of leasing and marketing for the property, which is bound by Jackson Avenue to the north and 50th Avenue to the south.

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88 Withers Street

New Developers Buy Site of Planned Nine-Story, 33-Unit Mixed-Use Project at 88 Withers Street, Williamsburg

BK Developers and RYBAK Development have acquired, for $11.5 million, the development site at 88 Withers Street, located on the corner of Leonard Street in northern Williamsburg, Real Estate Weekly reported. The site boasts plans, green-lighted by the Department of Buildings in 2015, for a nine-story, 33-unit mixed-use project measuring 39,815 square feet. The new building would include 2,768 square feet of ground-floor retail space, followed by residential units on the third through ninth floors. The apartments should average 938 square feet apiece, which means either condominiums or rentals could be in the works. Platt Byard Dovell White Architects is the architect. When YIMBY visited the site in the spring, the site’s former single-story warehouse had been demolished.



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