The redevelopment of the Dime Savings Bank in Williamsburg, Brooklyn, will result in one of the neighborhood’s tallest buildings, and today YIMBY has fresh renderings for the project, designed by Fogarty Finger Architects. Yesterday, The Real Deal reported that Charney Construction & Development and Tavros Capital Partners have acquired a $150 million loan to fund construction and renovation work on the historic bank and new 22-story tower. The developers purchased the site in March of 2016 for $80 million.
Permits have been filed by an anonymous LLC for a new three-story commercial building at 1 Park Row, in the Financial District. The site is in a prime location for retail, with proximity to the Fulton Street Station, the World Trade Center’s Oculus transit hub, as well as several other subway stops for just about every subway line that runs through Manhattan. The site is right on the southern tip of Steven Flanders Square, home to City Hall.
In 2015, an 18-story building was set to rise at the corner of Warren and Steuben streets in Jersey City’s Powerhouse Arts District. Since then, a new developer and architect have taken over the site. Now, YIMBY the first look at the new design for 321 Warren Street.
A new mixed-use development is coming to Roosevelt Avenue in western Queens, which divides Elmhurst from Jackson Heights. The seven-story project would replace a collection of small shops and restaurants at 77-02 Roosevelt Avenue, on the corner of 77th Street and in the shadow of the elevated 7 train.
In April 2014 we interviewed developer Sam Charney of Charney Construction and Development. Among other things, he spoke about Long Island City’s 11-51 47th Avenue, now known as the Jackson. Since then, we have followed the building’s progress, starting when the site was cleared at the end of 2015 up until its recent topping-out. Today we revisit the project with Charney and the building’s architect, Chris Fogarty of Fogarty Finger.