Back in July of 2015, six four-story, single-family townhouses – located at 51-59 South 4th Street, in Williamsburg, two blocks in from the East River – were two stories above street level and rising. Now, the project, dubbed the Townhouses of Wythe Lane, have topped out and are nearing completion, Brownstoner reports. Four of the townhouses will measure 3,714 square feet each, one will measure 4,088 square feet, and the last will encompass 4,471 square feet. Each residence will feature private underground parking and over 1,000 square feet of private outdoor rooftop space. KUB Capital is both developing and designing in-house, with SZ Projects aiding in the design process. Occupancy can likely be expected within the next few months.
Last week, Chelsea-based developer and design firm Flank acquired the development assemblage at 41-53 South 3rd Street, in Williamsburg, and now the firm is purchasing another assemblage of properties two blocks to the north. Frank is paying $21.6 million for the two-story building at 70 Grand Street, the corner lot at 72 Grand Street, and the single- and two-story buildings at 314-326 Wythe Avenue, according to the Wall Street Journal. The property assemblage could accommodate 26,904 square feet of new development if the current structures are demolished. Current plans call for the renovation of some of the buildings, in addition to the construction of new ones (which means something is likely to be demolished). The program will include residential units, office space, and retail.
Chelsea-based development and design firm Flank has closed on the purchase of the development assemblage at 41-53 South 3rd Street and 60 South 2nd Street, in Williamsburg, located two blocks in from the East River, for $36.2 million. The assemblage consists of a mix of single-story commercial-retail properties and vacant lots, according to The Real Deal. The plot could accommodate nearly 80,000 square feet of mixed-use development if the existing buildings are demolished. The developer is currently considering building a project with residential units, although plans won’t move forward until the existing tenants finish their respective leases, which expire between 2018 and 2023.
The sixth floor is under construction at 410 Manhattan Avenue, an affordable housing complex next to the Brooklyn-Queens Expressway in northern Williamsburg. Fifty units will take up 43,055 square feet of the seven-story, 52,065-square-foot building. A community room and parking for about 50 cars and 26 bicycles is also included within the scope. Prominent Williamsburg developer Simon Dushinsky of the Rabsky Group is in charge of the project, with HLS Builders Corp attached as the general contractor. Curtis + Ginsberg is the architect of record, and Rodkin Cardinale Consulting are listed as engineers.
Ground floor work is currently underway for a six-story, mixed-use building at 387 Manhattan Avenue. The north Williamsburg project will feature retail, community, and residential functions. Upon completion, it will join the handful of similarly-sized buildings scattered around the rowhome neighborhood.