The affordable housing lottery has launched for 584 4th Avenue, a nine-story mixed-use building in Gowanus, Brooklyn. Designed by ND Architecture & Design and developed by Yoel Werzberger under the Watermark Capital LLC, the structure yields 48 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $94,286 to $198,250.
Permits have been filed for a nine-story mixed-use building at 582 4th Avenue in Gowanus, Brooklyn. Located at the intersection of Prospect Avenue and 4th Avenue, the corner lot is steps from the Prospect Avenue subway station, serviced by the R train. Yoel Werzberger under the Watermark Capital LLC is listed as the owner behind the applications.
Permits have been filed for a seven-story residential building at 163 Johnson Avenue in Williamsburg, Brooklyn. Located between Manhattan Avenue and Graham Avenue, the corner site is four block east of the Broadway subway station, serviced by the G train. The Grand Avenue subway station, serviced by the L train is nine blocks north of the proposed development lot. Yoel Werzberger of Watermark Capital LLC is listed as the owner behind the applications.
The former Ridgewood Lodge No. 710, Free and Accepted Masons, better known as the Ridgewood Masonic Temple in Bushwick, Brooklyn, is one step closer to a rebirth. On Tuesday, the Landmarks Preservation Commission approved plans to modify the building at 1052 Bushwick Avenue (a.k.a. 1054 Bushwick Avenue), designated an individual landmark on July 22, 2014, for residential use.
Last month, DNAinfo reported that the struggling Saints Peter and Paul Catholic Church in Williamsburg had leased its large property to Watermark Capital, and the agreement had some unusual stipulations, banning “activities associated with abortion, birth control, euthanasia, stem-cell research or pornography.” Now plans have been filed to erect a 19-story apartment building at 321 Wythe Avenue, on the western half of the through-block church property.
