For over a year, YIMBY has been reporting on plans for condominiums near the High Line at 514 West 24th Street in Chelsea. Now, construction of the building, dubbed the Fitzroy, is set to commence. Permits have been approved, a source told YIMBY, which means work can start as soon as possible. The 10-story building will house 14 two- to five-bedroom units, plus ground floor retail. JDS Development Group and Largo Investments are the developers and Roman & Williams has designed the building. Sales have already launched, as has a website.
Back in June of 2014, YIMBY reported on new building applications filed by JDS Development for a tower coming to 340 Flatbush Avenue Ext., on the southeastern edge of Downtown Brooklyn. Now, we have the first rendering and actual details for the SHoP-designed tower, which will rise 1,000 feet tall, claiming the title of New York City’s tallest building outside of Manhattan, and giving Brooklyn its first legitimate supertall skyscraper.
Michael Stern’s JDS Development, partnered with Chetrit Group, is planning to acquire the landmarked Dime Savings Bank building at 9 Dekalb Avenue, in Downtown Brooklyn, for $90 million, according to Crain’s. The building could be converted to accommodate retail, but roughly 300,000 square feet of unused air rights can now be transferred to the team’s site at 340 Flatbush Avenue Extension.
JDS Development Group and Largo Investments picked up a Williamsburg warehouse at 71 North 7th Street for $10,500,000 in March. Yesterday, plans were filed to expand the single-story building to three stories and convert it to condos.
JDS Development’s 41- and 48-story residential towers planned at 626 First Avenue, on the East River in Murray Hill, are now rising quickly, per Curbed. Construction began nearly a year ago, and completion of the 800-rental-unit development is expected in 2017. SHoP Architects is designing, and façade installation has also begun closer to street level. A 38,000 square-foot park is planned to surround the base of the project.