In January, Greystone snapped up a vacant lot next to the landmarked Brooklyn Lyceum in Park Slope for $13,500,000, and now YIMBY has the first look at the 12-story rental building planned for the site at 225 4th Avenue.
Brownstoner reports the three contiguous properties spanning 626-630 5th Avenue, in Park Slope, are being redeveloped into 26 to 28 residential units by their new owner, George Malafis. His development plans have not yet been filed with the DOB, but the existing buildings rise three stories and amount to 22,500 square feet. The current retail tenant is expecting to move out in the coming weeks.
Boaz Gilad’s Brookland Capital is one of the most prolific small condo developers in Brooklyn, with projects under construction from the Williamsburg waterfront all the way down to East Flatbush. Now they’ve ventured away from Bed Stuy and Crown Heights and into more established condo territory with a development at 15th Street and 4th Avenue in Park Slope.
The landmarked Pavilion Theater at 188 Prospect Park West in South Slope will be converted to condos and renovated to include space for a new movie theater.
Last July, YIMBY reported on the first permits for a new residential development coming to 236 17th Street, in Brooklyn’s South Slope neighborhood. Now, we have the reveal for the seven-story project thanks to a tipster who spotted an on-site rendering.
