Brooklyn

120 Fifth Avenue

Developer Planning Possible Mixed-Use Project At 120 Fifth Avenue Site, Park Slope

Avery Hall Investments is in contract to purchase the grocery store at 120 Fifth Avenue, in northern Park Slope, according to DNAinfo, and plans to close on the site in the second half of 2016. The developer is planning a mixed-use building with residential units and commercial space, although details have yet to be hammered out. A Key Food currently occupies the site, which is reportedly one of the largest development sites in the neighborhood.



550 Vanderbilt Avenue, photo by Max Touhey

Pacific Park’s 17-Story Condo Tops Out at 550 Vanderbilt Avenue

It’s been 12 long years since the Pacific Park megaproject was first announced as Atlantic Yards, and the Prospect Heights development hit a major milestone yesterday with the topping out of 550 Vanderbilt Avenue, a 17-story condo building. PR reps for the project sent along shots of the concrete shell that’s risen at the corner of Dean Street, taken by photographer Max Touhey.

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1700 Broadway

Six-Story Affordable Residential Buildings Rising At 1676 & 1700 Broadway, Ocean Hill

Towards the end of last summer, foundation work was underway for a six-story, 79-unit affordable residential building at 1700 Broadway, in Ocean Hill, a block from the Chauncey Street stop on the J and C trains. Now, the structure is five stories above street level, per Brownstoner, and another six-story, 55-unit affordable building by the same developers is four stories up a block to the north, at 1676 Broadway. All units will be rented at well below-market rates and 7,200 square feet of ground-floor retail space is planned. Services for the Underserved and Alembic Community Development are developing, while Peter Woll is the architect. Completion is expected in early 2016.


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