Over a year ago, the three-story office building at 570 Fulton Street, in Fort Greene, hit the market as a development site, and now Slate Property Group, Meadow Partners and a third unknown developer have acquired the property for $23 million. The site has 72,000 square feet of development rights, or 86,000 square feet with the inclusionary housing bonus, and condominiums are likely planned. The developers are also working on a 16-story, 126-unit mixed-use building at 1 Flatbush Avenue, located adjacent to 570 Fulton.
In the beginning of August, YIMBY posted a construction update on the 52-story, 586-unit mixed-use building at 250 Ashland Place, in Fort Greene/DoBro, and now the building appears to have topped-out, per the Brooklyn Daily Eagle. Cladding installation is moving quickly, and windows are also now up to the 20th floor. The ground floor will contain 10,800 square feet of retail, as well as 8,000 square feet of office space. Gotham Organization is developing while FXFOWLE Architects is designing, and completion is expected in 2016.
Over the summer, Tribeca-based DDG broke ground on a 32-story tower at 180 East 88th Street, which will one day by the tallest building above 72nd Street, standing 521 feet to its pinnacle. Now, YIMBY has the first look at what the view from the upper reaches of the tower will entail. The building’s 48 condominiums will feature two-, three- and four-bedroom configurations, and a penthouse duplex will be located on the top two floors. Commercial space will also span 52,000 square feet in the base. HTO Architect is the architect of record, while DDG is designing in-house, and sales are expected to launch this fall.
Watermark Capital Group is now leasing the property at 321 Wythe Avenue, in western Williamsburg, from Saints Peter and Paul Church for $2.1 million per year, DNAinfo reports. The developer plans to raze the single-story church to make way for a residential project, which will include 2,500 square feet of community space. The property spans through to South 2nd Street. The developer has not yet filed applications with the DOB, but collaboration with the church is mandatory within a year of getting construction plans approved.
The 731-unit Lambert Houses complex, a collection of six-story buildings spread over five blocks in the Bronx’s West Farms, may soon be demolished for 1,665 units of new affordable housing and 61,100 square feet of retail. A 500-seat public elementary school is also included in the proposal, according to DNAinfo. Phipps Houses currently owns the dated housing development, built in 1973, and city officials — notably the HPD — are on board with the facility’s replacement. The development would occur in phases, beginning in 2017 and wrapping up in 2029.