L3 Capital

Excavation Underway At 184-192 Bedford Avenue in Williamsburg, Brooklyn

7:30 am on March 5, 2024 By Michael Young and Matt Pruznick

Excavation is underway at 184-192 Bedford Avenue, the site of a two-story commercial building in Williamsburg, Brooklyn. Designed by Building Studio Architects as the architect of record and developed by L3 Capital, which acquired the property from RedSky Capital in 2020, the 30-foot-tall structure will yield 24,000 square feet as either a single-tenant retail flagship or a multi-tenant mixed-use property. RS JZ Bedford-N 6th, LLC is listed as the owner and McGowan Builders is the general contractor for the project, which is located on an interior lot between North 6th and North 7th Streets.

Construction Progresses on 108-112 North 6th Street in Williamsburg, Brooklyn

7:30 am on September 4, 2023 By Michael Young and Matt Pruznick

Construction is progressing on 108-112 North 6th Street, a two-story commercial building in Williamsburg, Brooklyn. Designed by Building Studio and developed by L3 Capital under the RS JZ Bedford-N 6TH, LLC, the structure will yield 15,440 square feet of divisible retail space and a rooftop terrace. McGowan Builders Inc. is the general contractor for the property, which is located on an interior lot between Wythe Avenue and Berry Street.

Two-Story, 4,800-Square-Foot Retail Building Coming to 91 North 6th Street, Williamsburg

6:30 am on September 22, 2016 By Reid Wilson

Chicago-based L3 Capital has filed applications for a two-story, 4,790-square-foot commercial-retail building at 91 North 6th Street, in northeastern Williamsburg. The project, to rise 43 feet in height, will host 4,250 square feet of commercial space across the ground and second floors. There will be storage space in the cellar. Midtown East-based Kenneth Park Architects is the architect of record. The 25-foot-wide, 2,500-square-foot lot is vacant. It currently connects to another vacant lot on the other side of the block, although the new building will be restricted to the 6th Street side.

61-63 Crosby Street, existing and proposed

Landmarks Approves Renovations for Commercial Conversion of 61-63 Crosby Street, SoHo

3:00 pm on September 13, 2016 By Evan Bindelglass

A pair of over century-old combined buildings in SoHo are on their way back to commercial use. Last Tuesday, the Landmarks Preservation Commission approved a proposal for 61-63 Crosby Street.

Two-Story, 5,350-Square-Foot Retail Building Planned at 89 North 6th Street, Williamsburg

2:00 pm on August 5, 2016 By Reid Wilson

Chicago-based L3 Capital has filed applications for a two-story, 5,350-square-foot commercial-retail building at 89 North 6th Street, in Williamsburg. The project, to rise 43 feet above street level, will host 4,250 square feet of retail space across the ground and second floors. The cellar will contain accessory storage space. Midtown East-based Kenneth Park Architects is the architect of record. The 25-foot-wide, 2,500-square-foot property is currently occupied by a four-story tenement building. Demolition permits have not been filed. The Bedford Avenue stop on the L train, expected to cease service into Manhattan for 18 months starting as early as 2019, is located two blocks away.

Developer Plans Four-Story Office, Retail Conversion At 61-63 Crosby Street, SoHo

3:00 pm on February 3, 2016 By Reid Wilson

Chicago-based L3 Capital has acquired the four-story, 20,600-square-foot mixed-use property at 61-63 Crosby Street, in SoHo, for $42 million. The new owner plans to convert the building into office space, although the ground-floor will remain as retail space. The co-op building has seven apartments, which will all be vacated before the sale closes, according to The Real Deal. The property comes with 3,300 square feet of air rights, which could be used in an expansion. Any alterations to the buildings will have to be approved by the Landmarks Preservation Commission because they sit within the SoHo-Cast Iron Historic District Extension.

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