Real Estate Weekly has revealed renderings of the two-story, 40,000 square-foot retail building being developed by Blumenfeld Development Group at the vacant lot of 925 Hunts Point Avenue, in northern Woodstock along the Bruckner Expressway. Dubbed The Crossing, Studio 5 is designing, and completion is expected in 2016.
The low-rise brick structures housing the Brooklyn Bowl and Brooklyn Brewery — spanning 61-71 Wythe Avenue, in northern Williamsburg — are on the market, reports Crain’s Business. Although leases don’t expire for a couple more years, if community space is included, up to 170,000 square-feet of mixed-use commercial and community-use development rights could be utilized. The assemblage is being valued at over $50 million.
MacQuesten Development and NYS Homes and Community Renewal have announced an 11-story, 80-unit rental building at the vacant lot of 130 Mount Vernon Avenue, in Mount Vernon, per Real Estate Weekly. Dubbed The Modern, the $31.5 million project will include 9,400 square feet of retail space. The building is scheduled to open in the Fall of 2016.
DNAinfo reports BFC Partners have broken ground this week on Empire Outlets, a 100-store mall at 35 Richmond Terrace, in St. George. The development will also include an 11-story, 190-unit mixed-use hotel and residential building, and the entire project will total 443,000 square feet. DNAinfo also broke news of the mall’s most recently signed tenants; Applebee’s, Gap, and White House Black Market will together take 100,000 square feet, joining H&M and Nordstrom Rack.
EV Grieve has noticed Vinbaytel Property Development’s seven-story, seven-condo-unit mixed-use building is wrapping up construction at 67 Avenue C, in the East Village. The façade has been installed, and the building will also includes a commercial unit for a retail tenant. Opening is scheduled for this summer.
