Residential

49 Chambers Street

14-Story, 81-Unit Condo Conversion Planned At Former Office Building At 49 Chambers Street, Civic Center

In 2013, Chetrit Group acquired the 14-story, 200,000-square-foot former Emigrant Industrial Savings Bank building at 49-51 Chambers Street, in Civic Center, for $89 million with plans for a residential conversion. The office building, an individual landmark, was constructed in 1912 and designed by Raymond F. Almirall, and the Landmarks Preservation Commission would have to approve any alterations. The conversion project will include 81 condominiums, according to plans filed with the Attorney General’s office, The Real Deal reports. The units will come in one- to four-bedroom configurations and is expected to have a sellout of $334 million. Accordingt to filings, there will be 215,711 square feet of residential space, so units will average 2,663 square feet apiece. Ground-floor retail is also part of the plan. Woods Bagot is the architect of record.


801 Driggs Avenue

Townhouse Being Expanded Into Five-Story, Eight-Unit Building At 801 Driggs Avenue, Williamsburg

Since late 2014, Isreal Gold has filed applications to turn the four-story, four-unit townhouse at 801 Driggs Avenue, on the western end of Williamsburg, into a five-story, eight-unit building. The original structure was completed in 1910, and the latest plans would expand the structure horizontally in the back and vertically by one story. In the end, residential space will total 6,078 square feet, which means units will average 760 square feet, indicative of rentals. Brooklyn-based John Schimenti is the architect of record. The building is located four blocks from the Marcy Avenue stop on the J, M, and Z trains.



309 Lenox Road

Permits Filed: 309 Lenox Road, East Flatbush

Developers are always looking further east and south for cheap property in Brooklyn, and a combination of generous zoning and inexpensive land have encouraged several new residential projects in East Flatbush. One of those developments is set to rise at 309 Lenox Road, between Nostrand and New York Avenues.

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494 Hempstead Avenue

12-Unit Condominium Building Proposed At 494 Hempstead Avenue, Malverne, Long Island

Franklin Square-based R&B Acquisition & Development is proposing a 12-unit condominium building at 494 Hempstead Avenue, in Malverne, located about half a mile north of the neighborhood’s Long Island Rail Road station. The Nassau County site, which currently consists of two separate houses at 494 Hempstead Avenue and 1104 Hempstead Avenue, requires a rezoning for the project to be built, according to LI Herald. The zoning district would change from Residence A to Residence C-A if approved by the Town of Hempstead. A public hearing is scheduled for January 26th.


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