Permits have been filed for a five-story residential building at 508 Graham Avenue in Williamsburg, Brooklyn. Located between Bayard Street and Newton Street, the lot is close to the Nassau Avenue subway station, served by the G train. Rotem Cohen of OnPoint Development NYC LLC is listed as the owner behind the applications.
The affordable housing lottery has launched for 80 Ainslie Street, a seven-story residential building in Williamsburg, Brooklyn. Designed by Syndicate Architecture and developed by Parkview Management, the structure yields 16 residences. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,509 to $238,160.
Renderings have been revealed for 289 Kent Avenue, a 17-story mixed-use building in Williamsburg, Brooklyn. Designed by FXCollaborative for Web Holdings LLC, the 301,000-square-foot structure is slated to yield 280 rental apartments, with 70 dedicated to affordable housing. The project will also include ground-floor retail, commercial space, and community facility space. The property is located at the southeast corner of Kent Avenue and South 1st Street, directly across from the Domino Sugar redevelopment master plan.
New renderings have been released for three forthcoming developments in Williamsburg and Greenpoint, Brooklyn. The structures are planned to add nearly 125 housing units and 200,000 square feet of mixed-use commercial and industrial space to the evolving neighborhoods.
Naftali Group and Access Real Estate have secured a $374.35 million refinancing for Phase I of Williamsburg Wharf, a 3.75-acre waterfront development at 470 Kent Avenue in Williamsburg, Brooklyn. The loan was provided by Barings and refinances the project’s first phase, which includes the rental buildings Two, Three, and Four Williamsburg Wharf. The property is bounded by South 10th Street to the north, Division Avenue to the south, Kent Avenue to the east, and Wallabout Channel to the west.
