In an announcement from The Carlton Group, Managing Director Ruth Barone has successfully coordinated private financing of Seabreeze Tower in Coney Island. The $47.5 million financing package will facilitate construction of the 22-floor residential tower.
Another day, another reveal for new development in Long Island City. Today’s renderings are for 11-12 44th Drive, a residential project. The site is three blocks away from the Court Square-23rd Street Subway Station, serviced by the E and M trains. The waterfront Gantry Plaza State Park is also seven blocks away. Sergey Rybak’s Rybak Development is listed as behind the applications.
One of the most remarkable trends of 2018 has been the push of new development across Coney Island, and another day has brought yet another new condo project. Today we have the reveal for 271 Sea Breeze Avenue, officially dubbed Seabreeze Tower, which was purchased by Rybak Development in June of 2017.
BK Developers and RYBAK Development have acquired, for $11.5 million, the development site at 88 Withers Street, located on the corner of Leonard Street in northern Williamsburg, Real Estate Weekly reported. The site boasts plans, green-lighted by the Department of Buildings in 2015, for a nine-story, 33-unit mixed-use project measuring 39,815 square feet. The new building would include 2,768 square feet of ground-floor retail space, followed by residential units on the third through ninth floors. The apartments should average 938 square feet apiece, which means either condominiums or rentals could be in the works. Platt Byard Dovell White Architects is the architect. When YIMBY visited the site in the spring, the site’s former single-story warehouse had been demolished.
New renderings for Rybak Development’s seven-story, 58-condo-unit mixed-use development at 1801-1809 Emmons Avenue, in southern Sheepshead Bay, have been revealed on Sheepshead Bites. Retail space is planned to span the ground floor, and a 9,000…