Back in September, filings were submitted for the planned 26-story, 323-unit mixed-use building at 37 Sixth Avenue/495 Dean Street/664 Pacific Street, in Prospect Heights, and now DNAinfo has the project’s reveal. A 616-seat, 69,858 square-foot public school will span seven floors within the building: two below-grade levels and the first five floors. The project is a part of the Pacific Park mega-development, and a team comprised of Greenland Group and Forest City Ratner is developing; Marvel Architects is designing. Demolition is currently underway on three townhouses fronting Dean Street.
Developments are cropping up all along Nostrand Avenue in Flatbush, and today we have a rendering for two four-story buildings headed to corner of Erasmus Street, just south of the Church Avenue stop on the 2 and 5 trains.
Hotel developers are suddenly facing new hurdles to building in protected industrial zones, and they’re looking further afield for cheap sites – right next to the border with Long Island, in fact. YIMBY spotted building applications for two hotels at 1021 and 1025 Beach Street in Far Rockaway, Queens, near where the elevated A train tracks end.
Slate Property Group and RWN Real Estate have acquired the 10-story, 33-unit apartment building at 144 East 24th Street, in Kips Bay, for $29 million. The 40,000 square-foot structure will be renovated and reconfigured into a 42-unit property with smaller apartments, likely to accommodate the neighborhood’s growing student population. The small ground-floor retail space will also be expanded. It is currently occupied by Ralph’s Famous Italian Ices, according to The Real Deal.
Isaac Chetrit and Ray Yadidi are in contract to acquire 235,000 square feet of air rights from the five-story former bank building at 1352-1362 Broadway, between West 36th and 37th Streets in Midtown. The price the investors are paying has not yet been disclosed. On the same block, they own the vacant lot – acquired this past fall – at 993 Sixth Avenue and the adjacent 21-story, 96,000 square-foot office building at 989-991 Sixth Avenue. Their assemblage amounts to a site with roughly 375,000 square feet of development rights, according to The Real Deal.