In September, YIMBY revealed renderings for an office and retail conversion of the two-story, 20,000 square-foot building at 120 North 6th Street, in north Williamsburg, and now renderings have surfaced for another similar development right across the street at 124-136 North 6th Street. At Nos. 124-136, Thor Equities is planning to expand the existing single-story building into a three-story, 20,400 square-foot retail and manufacturing property, with retail on the ground floor and manufacturing on the second and third floors. Building Studio Architects is the architect of record.
Last month, DNAinfo reported that the struggling Saints Peter and Paul Catholic Church in Williamsburg had leased its large property to Watermark Capital, and the agreement had some unusual stipulations, banning “activities associated with abortion, birth control, euthanasia, stem-cell research or pornography.” Now plans have been filed to erect a 19-story apartment building at 321 Wythe Avenue, on the western half of the through-block church property.
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.
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.
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.