New York

140-20 Cherry Avenue

Six-Story, 12-Unit Residential Building Filed at 140-20 Cherry Avenue, Flushing

Property owner Kevin Yang, doing business as an anonymous Whitestone-based LLC, has filed applications for a six-story, 12-unit residential building at 140-20 Cherry Avenue, located on the southern end of downtown Flushing. It will measure 9,281 square feet and its residential units should average 700 square feet apiece, indicative of rental apartments. Amenities include laundry facilities, six off-street parking spaces, and a rooftop terrace. There will also be doctor’s offices in the cellar. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. The 28-foot-wide, 2,800-square-foot property is currently occupied by a two-story house. Demolition permits were filed back in late 2014. The Flushing-Main Street stop on the 7 train (the line’s eastern terminus) is nine blocks to the north.


902 Franklin Avenue, photo by Tectonic

Crown Heights Laundry at 902 Franklin Avenue Nearly Demolished for Four-Building Residential Project

It’s been a year and a half since Cornell Realty filed plans for a massive four-building, 208-unit development at 902 Franklin Avenue in southern Crown Heights. Now, Cornell has nearly finished demolishing the series of squat industrial buildings on the site between Crown and Montgomery streets, which used to be a commercial laundry business.

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1010 Bushwick Avenue in January 2015, photo by Christopher Bride for PropertyShark

Permits Filed: 1010 Bushwick Avenue, Bushwick

Bushwick and Williamsburg have already started bracing for the MTA to shutdown the L train for 18 months starting in 2019, and many investors are looking elsewhere for development sites. But at the southern edge of the neighborhood, near the J train, new construction is still chugging along. New building applications were filed yesterday to build a seven-story residential building at 1010 Bushwick Avenue, between Grove and Linden streets at the southern edge of Bushwick.

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25-30 Columbia Heights

Development Team Acquires 11-Story Watchtower Complex at 25-30 Columbia in Brooklyn Heights, Plans Creative Office Conversion

Over the spring, a team of developers entered into contract to acquire, from the Jehovah’s Witnesses, the 11-story, 739,000-square-foot commercial complex known as the Watchtower, at 25-30 Columbia Heights, in Brooklyn Heights. The team – now a joint venture between the Kushner Companies, CIM Group, and LIVWRK – have closed on the purchase for roughly $340 million, Commercial Observer reported. The new owners plan to convert the complex into creative office space, likely similar to how some of the same developers transformed the five-building complex now dubbed DUMBO Heights. The redevelopment is expected to begin within a year. In addition to the acquisition of 25-30 Columbia Heights, the same partnership is remains in contract to buy the vacant, block-encompassing development site at 85 Jay Street, in DUMBO.


434 Manhattan Avenue

Construction Complete at Four-Story, 10-Unit Residential Project, 434 Manhattan Avenue, Williamsburg

Construction has been completed on the four-story (plus penthouse), 10-unit residential building under development at 434 Manhattan Avenue in Williamsburg. That’s on the corner with Bayard Street. YIMBY previously revealed schematic drawings of the project when foundation work was underway in the spring of 2015. The latest building permits show the building measures 10,262 square feet. The residential units should average 676 square feet apiece, indicative of rental apartments. Amenities include laundry facilities and a 302-square-foot recreational area on the ground floor. Borough Park-based Yoel Berkovitz is the developer and Beam Group is the design architect. Edward F. Zevallos Architect is serving as the architect of record. Occupancy can be expected very soon. The Lorimer Street/Metropolitan Avenue stop on the G and L trains is eight blocks away.


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