In October of 2015, YIMBY reported on applications for a five-story, 130-unit residential building at 1873 Starr Street, in western Ridgewood, located five blocks from the Jefferson Street stop on the L train. Now, Slate Property Group has sold the development site to Valyrian Capital and MGM Property Group for $18.5 million, according to Real Estate Weekly. The new owners plan to move forward with the approved project, which measures 141,929 square feet in total and will include 5,009 square feet of ground-floor retail space along with 3,000 square feet of community facility space. The apartment units should average 650 square feet apiece, with 45 of them to be rented at below-market rates. Amenities include a gym, a roof deck, a laundry room, and a garage for 64 bikes and 65 cars. Aufgang Architects is designing the building.
New York City is a land of skyscrapers, but we don’t often find ourselves looking up. But there is something neat to check out if you find yourself up in East Harlem.
Property owner Eleen Nihan has filed applications for a four-story, seven-unit mixed-use building at 2414 Hughes Avenue, in Belmont, located four blocks south of Fordham University’s Rose Hill campus. The structure will encompass 5,837 square feet and will include a 312-square-foot doctors office on the ground floor. The residential units should average 643 square feet apiece, which means rental apartments are in the works. Mohammad Badaly’s Mount Vernon, N.Y.-based Badaly Architects is the architect of record. The site’s existing two-story wood-framed house must first be demolished.
William Macklowe Company is getting ready to start construction and launch sales for its 23-story condo tower at the corner of University Place and East 12th Street in the Village. YIMBY has the first renderings of the project, which will be known as 21 East 12th Street, courtesy of PR reps and a new teaser site.
The industrial area along the South Bronx waterfront is about to sprout several high-rise residential towers, but development a couple blocks inland may bring another sign of impending gentrification: new artist studios. Plans were filed last week for a three-story commercial building at 740 East 137th Street in Port Morris.