As residential towers begin to rise around the former Domino Sugar factory in South Williamsburg, a much more modest project is nearing the finish line a few blocks inland, on South 1st Street between Berry Street and Bedford Avenue. Investmates Real Estate is putting the finishing touches on four two-family townhouses as 127-131 South 1st Street, not far from the Williamsburg Bridge or the restaurants and shops along the waterfront.
Investmates Real Estate
Many of the vinyl-clad, wood frame houses typical in eastern Williamsburg are biting the dust for new development. Today, we have a look at a new project replacing a little two story house at 95 Ainslie Street, between Lorimer Street and Union Avenue.
In early June, YIMBY revealed renderings of Investmates’ planned five-story, four-condo-unit residential building at 78 Freeman Street, in northern Greenpoint, two blocks in from the East River. Now applications have been filed, and the building will measure 4,959 square feet, just shy of the 5,000 square-foot figure we reported a few weeks ago. International Office of Architects is designing, while Murat Multu Architect is serving as the applicant of record. An existing two-story, two-unit townhouse must first be demolished.
Last fall, YIMBY revealed four new brick townhouses at 127-131 South 1st Street in Williamsburg, and now excavation has begun at the site between Berry Street and Bedford Avenue.
Developer Investmates Real Estate is building townhouses in South Williamsburg, rentals on Grand Street, and now condos in Greenpoint. They’ve sent along renderings of their latest project, a five-story condo development at 78 Freeman Street, only a block from the East River between Franklin and West Streets.