Heritage Equity Partners and Rabsky Group’s big residential development is finally rising at 564 St. Johns Place, between Franklin and Classon Avenues in Crown Heights.
Early last summer, excavation kicked off at 41-21 28th Street, in Long Island City, where a 16-story, 166-unit mixed-use building is planned; YIMBY revealed renderings shortly afterwards. Today, foundation work is complete, and the structure is now rising above street level, according to The Court Square Blog. The building will include a small 675 square-foot retail space on the ground floor, and units will average 763 square feet. All Year Management is developing, Karl Fischer is designing, and completion is scheduled for late 2016.
The longtime shopping hub at the corner of Flatbush and Nostrand Avenues in Flatbush has attracted a slew of major commercial tenants in recent years, including Target and Blink Fitness. Now it looks like the area will get even more retail at 2251 Nostrand Avenue, just south of the 600,000-square-foot Triangle Junction mall that helped kickstart the neighborhood’s commercial renewal when it opened in 2008.
The city isn’t planning to extend the subway down Utica Avenue in Flatbush anytime soon, but if we see more projects like 824 East New York Avenue, the administration might need to give it serious thought.
Aaron Karpen and Anshel Friedman have filed applications for a 12-story, 125-unit mixed-use building at 541 Fourth Avenue, in southern Park Slope, two blocks north of the R train’s stop at Prospect Avenue. The building will measure a total 103,602 square feet, which includes 10,830 square feet of commercial-retail on the ground floor. Beginning on the second floor, the rental units will average 742 square feet apiece. Karl Fischer is designing. Eight three-story townhouses spanning 541-555 4th Avenue will have to be demolished, and construction is slated to begin this December, per The Real Deal.