The Daten Group this week revealed the first renderings of a new mixed-use building in Clinton Hill, Brooklyn. Located at 540 Waverly Avenue, the property sits at the buzzing intersection of Atlantic and Waverly Avenues and is expected to break ground this Spring.
The Daten Group
Permits have been filed for a nine-story mixed-use building at 540 Waverly Avenue in Clinton Hill, Brooklyn. Located at the intersection of Atlantic Avenue and Waverly Avenue, the corner lot is near the Clinton-Washington Avenue subway station, serviced by the C train. The Daten Group is listed as the owner behind the applications.
Sales have launched this week on condominium residences in a new residential development at 575 Fourth Avenue in South Slope, Brooklyn. Designed by Fischer+Makooi for The Daten Group, the 12-story building contains 70 units that range from one to four bedrooms.
A year ago, the Daten Group paid $24 million for eight properties on Fourth Avenue between 16th Street and the Prospect Expressway in South Slope. Now we have a look at the 11-story condo building headed for the site at 581 Fourth Avenue.
Late last year, YIMBY brought you news of Rabsky Group’s 12-story, 129-rental-unit building planned at 581 Fourth Avenue, in South Slope, and then renderings surfaced of the Karl Fischer-designed structure over the summer. Now, The Daten Group is paying $24 million for the assemblage, and the 12-story building will instead have 65 condominiums. Kutnicki Bernstein Architects is replacing Fischer, and demolition of the existing low-rise structures at 575-581 4th Avenue and 189-195 Prospect Avenue will begin in the fall. The original permits also included nearly 2,400 square feet of retail space. [The Real Deal]