East Williamsburg

Slate Property Group has closed on a $64 million refinancing deal for The Welz, a newly completed multifamily development at 159 Boerum Street in East Williamsburg, Brooklyn. Designed by Aufgang Architects and developed in partnership with Avenue Realty Capital, the 19-story building offers 162 rental units and spans 116,000 square feet. The project reached substantial completion in February 2025 and is currently 96 percent leased.

Permits have been filed for a four-story residential building at 97 Devoe Street in Williamsburg, Brooklyn. Located between Leonard Street and Manhattan Avenue, the lot is near the Lorimer Street subway station, served by the L train. Elad Ben-Kimon under the 97 Devoe LLC is listed as the owner behind the applications.

Permits have been filed to expand a two-story structure into a four-story residential building at 235 Jackson Street in East Williamsburg, Brooklyn. Located between Kingsland Avenue and Woodpoint Road, the lot is near the Graham Avenue subway station, served by the L train. Asher Pashkes is listed as the owner behind the applications.

Permits have been filed to expand a three-story structure into a five-story residential building at 533 Grand Street in East Williamsburg, Brooklyn. Located between Lorimer Street and Union Avenue, the lot is near the Metropolitan Avenue-Lorimer Street subway station, served by the G and L trains. David Halberstam of Bruklyn Builders Inc. is listed as the owner behind the applications.