New York

533 Myrtle Avenue

Five-Story, 27-Unit Mixed-Use Project Gets Glassy at 533 Myrtle Avenue, Clinton Hill

Back in December of 2014, Brownstoner revealed renderings of the planned five-story, 27-unit mixed-use building at 533 Myrtle Avenue (a.k.a. 531 Myrtle Avenue), in Clinton Hill. Now, the project has topped out and curtain wall installation is underway, according to the Myrtle Avenue Brooklyn Partnership. There will be 5,868 square feet of commercial-retail space on the ground and cellar levels. The residential units will begin on the second floor and should average 684 square feet apiece, indicative of rental apartments. Amenities include bike storage space, a fitness center, a refuse room, and a 982 square-foot rooftop terrace. Greystone Property Development is the developer and AB Architekten is behind the design. Completion can probably be expected later this year.


314-326 Wythe Ave

Flank Purchases Mixed-Use Development Assemblage at 314-326 Wythe Avenue, Williamsburg

Last week, Chelsea-based developer and design firm Flank acquired the development assemblage at 41-53 South 3rd Street, in Williamsburg, and now the firm is purchasing another assemblage of properties two blocks to the north. Frank is paying $21.6 million for the two-story building at 70 Grand Street, the corner lot at 72 Grand Street, and the single- and two-story buildings at 314-326 Wythe Avenue, according to the Wall Street Journal. The property assemblage could accommodate 26,904 square feet of new development if the current structures are demolished. Current plans call for the renovation of some of the buildings, in addition to the construction of new ones (which means something is likely to be demolished). The program will include residential units, office space, and retail.




3 Manhattan West

62-Story, 844-Unit Residential Building Three Manhattan West Tops Out in Midtown West

In July of 2015, the 62-story, 844-unit residential building under development at 401 West 31st Street, in Midtown West, was a single floor above the street level. Now, the 807,384-square-foot building, dubbed Three Manhattan West, has topped out, Curbed NY reports. The 702-foot-tall structure will host 7,931 square feet of retail on the ground floor, followed by amenities on the second and third floors, and residential units on the fourth through 62nd floor. The rental apartments should average 877 square feet apiece, with 169 of them renting at below-market rates through the housing lottery. Brookfield Properties is the developer with Skidmore, Owings & Merrill behind the design and SLCE Architects serving as the architect of record. Completion is expected in fall 2017, though occupancy is expected earlier.


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