Williamsburg

55 Wythe Avenue

21-Story, 183-Key Hotel Project Tops Out At 55 Wythe Avenue, Williamsburg

YIMBY has closely followed the construction of the 21-story, 183-key hotel underway at 55 Wythe Avenue, in Williamsburg, and now Brownstoner has news of the project’s topping out. Dubbed The William Vale, Zelig Weiss and Riverside Developers are developing, and Aldo Liberis is designing. A duplex presidential suite will occupy the top two stories, and 20,000 square feet of retail and restaurant space will span the ground floor. Glass façade is now also being installed on the lower half of the structure, and opening is expected in the spring of 2016.

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285 North 6th Street

Properties At 285 North 6th Street & 10-27 46th Avenue Slated for Office Conversions, Williamsburg & LIC

Eric Gural has acquired the five-story, 40,000 square-foot former warehouse at 285 North 6th Street, in Williamsburg, for $15.6 million, according to Crain’s. He also purchased the four-story, 70,000 square-foot former industrial building at 10-27 46th Avenue, in Long Island City, for $14.25 million. Both properties are set to undergo office conversions. Work on the Williamsburg property is expected to begin in the coming weeks, and includes a restaurant and roof deck. As for the Queens project, work will begin once the current leases expire late next year.

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209 Havemeyer Street

Developers In Contract To Acquire Dime Savings Bank Assemblage, Williamsburg

Back in May, YIMBY brought you news that the Dime Savings Bank development assemblage — located around but not including the two-story commercial building at 209 Havemeyer Street, in central Williamsburg — was hitting the market, and now it appears Tavros Capital and Charney Construction & Development are in contract to purchase the site. According to Commercial Observer, Dime is selling the 50,000 square-foot assemblage for $80 million, which could accommodate a mixed-use development of 230,500 square feet. The developers are expected to close on the purchase in early 2016.

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545 Broadway

10-Story, 36-Unit Mixed-Use Expansion Filed At 525-545 Broadway, Williamsburg

Back in August, Blesso Properties purchased the Lincoln Savings Bank building at 525-545 Broadway, in southern Williamsburg, and now the developer has filed applications to expand the 60,300 square-foot building by six stories and 38,000 square feet. The expanded building will have 53,403 square feet of commercial space, which will comprise both office and retail, in addition to a 6,212 square-foot day care on the ground floor. The project also includes 36 residential units, beginning on the fifth floor and averaging 1,075 square feet apiece. Garrison Architects is the architect of record.

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650 Metropolitan Avenue, rendering by Domo Architecture

Revealed: 650 Metropolitan Avenue, Williamsburg

Last week, Andres Azpurua’s Onsite Project Consulting filed plans for a little condo project at 650 Metropolitan Avenue, a block from the Lorimer Street L stop in Williamsburg. Now we have a rendering for the six-story development that will rise between Leonard Street and Manhattan Avenue.

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