In 2015, Kushner Companies, LIVWRK, and Rockpoint Group acquired, for $275 million, the seven-story, 338-unit rental apartment building at 184 Kent Avenue, in northern Williamsburg, with the intention to convert the property into condominium units. The conversion project, dubbed Austin Nichols House, will include 338 condominium units, and now Curbed NY has the latest details. They will come in studios, one-, two-, and three-bedroom configurations, and the existing rentals are currently being converted on a unit-to-unit basis. Morris Adjmi Architects is designing the conversion, which includes a revamped lobby, new amenity spaces, and, of course, the apartments. The ground-floor is currently occupied by multiple retail units. The property was used as a warehouse before it was converted into residential space in 2010 by JMH Development.
Staten Island-based property owner Dominick Grasso has filed applications for a three-story, two-unit mixed-use building at 315 York Avenue, in New Brighton, located on Staten Island’s north shore. The new building will measure 2,772 square feet in total and will include a 924-square-foot retail unit on the ground floor. The second and third floors will include full-floor residential units averaging 924 square feet apiece. Family-sized rental apartments are probably in the works. Staten Island-based Ryan & Vaccaro is the architect of record. The 30-foot-wide lot is currently vacant.
Back in November, YIMBY reported on applications for a six-story, 19-unit mixed-use building at 1780 Sheepshead Bay Road, in southern Sheepshead Bay, located four blocks from the Sheepshead Bay stop on the B/Q trains. Now, it appears those plans have been replaced with plans for a larger building, Sheepshead Bites reports. Starealty.Estate acquired the development assemblage at 1780-1784 Sheepshead Bay Road for $3.66 million last February, and now an eight-story mixed-use building is being planned. It’s expected to include commercial-retail and a community facility on the ground and second floors. Rental apartments will fill the upper six floors and the project will feature a 30-car parking garage. The corner lot is currently vacant, although two three-story buildings were filed for demolition earlier this month and are expected to be razed in the next few weeks. Construction is scheduled to begin by the summer.
In February, Related Companies and GreenOak Real Estate purchased the seven-story, 168,000-square-foot industrial building at 21-09 Borden Avenue, in southern Long Island City, for $62.5 million. The Real Deal now reports the developers have secured a total of $60.8 million in loans, some of which will be used to convert the property into an office building. The two developers also purchased the Paragon Building – a six-story, 108,000-square-foot former industrial building at 21-00 49th Avenue, in southern Long Island City – for roughly $47.5 million. The property is located two blocks to the north and is also expected to be converted into office space. An architect and targeted completion dates have not been disclosed.
Brooklyn-based Park Avenue Management has filed applications for a four-story, 6,309-square-foot mixed-use building at 1080 38th Street, in northern Borough Park, located two blocks from the 9th Avenue stop on the D train. The first two floors will contain 3,351 square feet of commercial space in the form of a warehouse and office space. The third and fourth floors will contain a 2,958-square-foot synagogue. Diego Aguilera’s Rego Park-based architecture firm is the architect of record. The 20-foot-wide, 1,903-square-foot plot of land is currently occupied by a two-story, two-unit townhouse. Demolition permits were filed earlier this month.