The New York City Council has unanimously approved zoning text amendments to facilitate the construction of a new mixed-use development at 737 Fourth Avenue in Sunset Park, Brooklyn. The proposed project will create 134 rental apartments, ground-floor retail, and publicly accessible car and bicycle parking.
Heritage Equity Partners recently secured $53 million in construction financing to build a new multifamily rental property in Sunset Park, Brooklyn. The property is located at 875 4th Avenue in an area colloquially referred to as South Slope and will yield 150 units.
Permits have been filed for a four-story residential building at 342 43rd Street in Sunset Park, Brooklyn. Located between 3rd Avenue and 4th Avenue, the lot is two blocks north of the 45th Street subway station, serviced by the N and R trains. Benjamin Yam is listed as the owner behind the applications.
Permits have been filed for a two-story commercial building at 73 20th Street in Sunset Park, Brooklyn. Located between the Gowanus Canal and Third Avenue, the lot is closest to the Prospect Avenue subway station, serviced by the R train. Bridge Development under the SIP Holdings Venture is listed as the owner behind the applications.
Steiner Studios has partnered with Dattner Architects to complete a 500,000-square-foot productions studio at Bush Terminal in Sunset Park, Brooklyn. The new facility will arrive as Steiner Studios’ second New York City outpost and its first in the “Made in New York Campus,” which is expected to open in 2021.