So far this month, we’ve covered the Loketch Group’s planned 54-unit building in Ridgewood, and the design for the firm’s planned conversion and expansion on South 3rd Street in Williamsburg. Now we’ve got the first look at one of the developer’s ground-up projects in East Flatbush, 490 Lefferts Avenue.
Joshua Dardashtian, of Pinnacle Real Estate Ventures, has filed applications for two four-story, multi-family residential buildings spanning the lots at 1506-1508 New York Avenue, in East Flatbush, near Brooklyn College. Each building will have nine apartments, averaging only 590 square feet apiece, which is strongly indicative of rentals. Sion Consulting Engineering is the applicant of record, and the site’s former 2.5-story structure was demolished this past May.
With price pressures mounting in Flatbush, market-rate rental buildings with more than a few units are penciling out in East Flatbush, for what appears to be the first time in generations. In November, we saw…
An application was submitted earlier today to build an eight-story apartment building at 200 Linden Boulevard, in the Flatbush section of Brooklyn. The building’s 69 units would be spread across 47,000 square feet of residential…
Among New York City progressives, a common refrain is that real estate developers won’t build housing that’s affordable to middle-class New Yorkers on their own, so they must be forced into it through programs like mandatory inclusionary…