Construction has been completed on the five-story, 10-unit residential building under development at 1485 Gates Avenue, in central Bushwick. The latest building permits indicate it measures 11,017 square feet. Its residential units should average 873 square feet apiece, which mean they could be either condominiums or rental apartments. Amenities include laundry facilities and a rooftop recreational space. Yoel Berkovits is the developer. Beam Group is the design architect, while Joseph A. Mucciolo’s Long Island-based architectural firm is serving as the executive architect. Occupancy is expected soon. YIMBY first reported on the project when new building applications were filed in July of 2014. The Myrtle-Wyckoff Avenues stop on the L and M trains is two blocks away.
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.
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.
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.
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.