Excavation work for the foundations of 159 Broadway in Williamsburg, Brooklyn is nearing completion. Excavators have extracted a large amount of dirt from the property, which sits directly next to the 144-year-old landmarked Williamsburgh Savings Bank. The 26-story mixed-use residential project, which is designed by Stonehill & Taylor Architects and developed by Cornell Realty Management LLC, will yield 133,340 square feet and stand 277 feet tall.
Permits have been filed for a 26-story hotel and residential tower at 159 Broadway, in Williamsburg, Brooklyn. Rising above the Williamsburg Bridge’s final stretch in Brooklyn, the structure would be a highly visible addition to the neighborhood. The J, M, and Z trains all ride just past the site. Their first stop in Brooklyn, Marcy Avenue, is just four blocks away. Cornell Realty will be responsible for the development, after purchasing the site for $26.2 million.
For two years, Cornell Realty has been trying to develop two former commercial laundry facilities in southern Crown Heights into residential towers with more than 500 apartments. Now the firm’s plan to rezone those properties is inching through the public review process, and YIMBY has a glimpse of what the project will look like, thanks to documents filed with the Department of City Planning.
Cornell Realty Management has filed applications with the Department of City Planning seeking to rezone the development sites at 40 Crown Street and 931 Carroll Street, both of which are located in western Crown Heights. A 16-story, 390-unit mixed-use building is proposed at the 40 Crown Street site. That building would measure 400,000 square feet and include 15,000 square feet of retail. A 16-story, 128-unit residential building is proposed at the 391 Carroll Street site.
It’s been a year and a half since Cornell Realty filed plans for a massive four-building, 208-unit development at 902 Franklin Avenue in southern Crown Heights. Now, Cornell has nearly finished demolishing the series of squat industrial buildings on the site between Crown and Montgomery streets, which used to be a commercial laundry business.