Williamsburg-based Domes Properties has filed applications for a four-story, eight-unit residential building at 104 Central Avenue, in northern Bushwick, three blocks from the Myrtle Avenue stop on the J, M and Z trains. The project will measure 5,458 square feet, which means units will average 682 square feet, indicative of rentals. Rego Park-based Diego Aguilera is the architect of record, and a two-story, two-unit townhouse must first be demolished.
Diego Aguilera Architects
Bed-Stuy-based CS Real Estate has filed applications for a four-story, 10-unit residential building at 1266 Pacific Street, in western Crown Heights, a block from the Nostrand Avenue LIRR station and three blocks from the A and C subways. The building will stand 70 feet tall, and thanks to mezzanine levels on each floor beginning with the second, units will get a little more residential space. Units will measure an average 850 square feet apiece, and Rego Park-based Diego Aguilera is the architect of record.
As property values skyrocket in the low-slung eastern edges of Williamsburg, small developers are searching for ways to boost a site’s density without spending exorbitant amounts of money on construction. Increasingly, they file their developments as alterations, rather than new buildings, which allows them to avoid building expensive underground parking. And the J-51 abatement gives landlords a break on their property taxes, in exchange for preserving at least 50% of the old building and keeping the new units rent-stabilized for up to 20 years. One of these enterprising developers has filed alteration applications to expand a little three-story brick apartment building at 196 Montrose Avenue, on the corner of Humboldt Street.
Northern Greenpoint is developing faster than any neighborhood in Brooklyn, and the latest property to sprout a new building is 77 Clay Street between Manhattan Avenue and McGuiness Boulevard, where permits were filed last fall.
Solomon Schwimmer, doing business as Winthrop Heights LLC, has filed applications for a four-story, 10-unit residential building measuring 8,260 square feet at 83 Winthrop Street, in Prospect Lefferts Gardens. Diego Aguilera is designing, and an existing two-story house must first be demolished.