Williamsburg

127-131 South 1st Street, photo via Investmates

Townhouses Come Together at 127-131 South 1st Street in Williamsburg

As residential towers begin to rise around the former Domino Sugar factory in South Williamsburg, a much more modest project is nearing the finish line a few blocks inland, on South 1st Street between Berry Street and Bedford Avenue. Investmates Real Estate is putting the finishing touches on four two-family townhouses as 127-131 South 1st Street, not far from the Williamsburg Bridge or the restaurants and shops along the waterfront.

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50 North 3rd Street

Developer Plans 140,000-Square-Foot Mixed-Use Rental Building at 50 North 3rd Street, Williamsburg

CW Realty Management has entered into contract to acquire, for $45 million, the development assemblage at 187-201 Kent Avenue and 48-50 North 3rd Street, located three blocks in from the East River in northern Williamsburg. The plan is for a 140,000-square-foot mixed-use building with retail space and rental apartments, The Real Deal reported. Retail will be located on the ground and cellar levels, and there will also be a parking garage. The number of units is unknown at this time. The 23,150-square-foot assemblage is currently occupied by one- and two-story warehouses, one of which is currently used as event space. Demolition permits haven’t been filed.




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