The Rabsky Group is purchasing the single-story, 92,221 square-foot warehouse at 101 Varick Avenue, in East Williamsburg, for $48 million, with prospects to redevelop the 141,863 square-foot property into commercial space. A new office building could measure 280,000 square feet, and would include multiple tenants and ground-floor retail space, according to The Real Deal. The existing warehouse is currently being leased as warehouse, storage, and office space. The deal is expected to close in February.
Last week, YIMBY revealed one of Astral Weeks’ projects in Flatbush, and now we have a look at one of their developments in a very different part of Brooklyn – East Williamsburg. The four-story apartment buildings will fill a vacant lot at 30-42 Orient Avenue, on the corner of Olive Street across from Cooper Park.
A seven-story residential building is coming to the heart of East Williamsburg, on Montrose Avenue between Humboldt Street and Avenue of Puerto Rico. New building applications were filed Tuesday for the project at 172 Montrose Avenue, a block and a half from the Montrose Avenue L stop.
Within the past few months, motorists on the Brooklyn-Queens Expressway and nearby residents witnessed the rise of a tower crane to the east of the Kosciuszko Bridge, followed by two concrete pillars. They are seeing the progress on the east span of the Kosciuszko Bridge Replacement, the city’s first major new bridge since the Verrazano-Narrows opened over half a century ago in 1964.
YIMBY can barely keep up with all the new construction projects in the East Williamsburg-Bushwick industrial zone, and today we have renderings for a pretty unusual commercial development at 101 Bogart Street, right near the Morgan Avenue L train stop. The six-story building will hold a hotel and a house of worship.