Residential

231 East 123rd Street

Six-Story, 11-Unit Residential Building To Replace Townhouse At 231 East 123rd Street, East Harlem

Big Brooklyn Rehab Inc. has filed applications for a six-story, 11-unit residential building at 231 East 123rd Street, in East Harlem, four blocks from the 125th Street stop on the 4, 5 and 6 trains. The building will measure 8,670 square feet, which means units will average 790 square feet — probably rentals. Woody Chen’s Infocus Design & Planning is the applicant of record, and the existing three-story, three-family townhouse must first be demolished.


209-225 East 19th Street

Cabrini Medical Center Redevelopment Lands $345.5 Million Loan, Gramercy

In March, YIMBY revealed renderings of the four-building, 223-unit condominium redevelopment of Cabrini Medical Center, in Gramercy. Now, developers Chetrit Group and Clipper Equity have closed on a $345.5 million loan for the project, according to Commercial Observer. Dubbed Gramercy Square, three medical buildings will be converted, and a fourth building will be constructed ground-up. Also planned is a 25,000 square-foot court yard, designed by M. Paul Friedberg and Partners; Woods Bagot is the project’s design architect. Completion is expected in 2016.




62-68 Somers Street, image via Google Maps

24 Market-Rate Units Planned Near Broadway Junction in Ocean Hill: 62-68 Somers Street

As the clock ticks down to the start of the city’s East New York rezoning process in the fall, YIMBY has noticed an uptick in market-rate filings on the soon-to-be-valuable real estate around Broadway Junction. And now plans are in the works for three small apartment buildings at 62-68 Somers Street, just beyond the western patch of Ocean Hill that’s about to be rezoned.

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