During the Recession in 2010, an aging brick house was partially demolished at 102 Scholes Street in Williamsburg. A new developer took over the property last year, knocking down the rest of the shell and starting work on a new building. We have a look at what’s rising on the lot between Leonard Street and Manhattan Avenue, across from New York City Housing Authority’s Ten Eyck Houses.
An anonymous LLC, based in Valley Stream, N.Y., has acquired the 6,800-square-foot development site at 21 Powers Street, located in the heart of Williamsburg, from Slate Property Group for $5.75 million, the sale’s broker announced Monday. Planned is a four-story, 10-unit residential project, of which YIMBY revealed a rendering roughly a year ago. The latest building applications indicate it will encompass 19,041 square feet. The residential units, which will be condominiums, should average 1,344 square feet apiece. Amenities include a four-car parking garage, laundry facilities, private residential storage space, a fitness center, and a rooftop terrace. Meshberg Group is the design architect, while Grasso Menziuso Architects is serving as the executive architect. Completion is expected in 2017, although a single-story warehouse must first be demolished. The Lorimer Street/Metrpolitan Avenue stop on the G and L trains is located three blocks north.
In March, Charney Construction and Development paid $80 million for one of the largest remaining residential development sites in Williamsburg. The one-acre site had belonged to the Dime Savings Bank of Williamsburgh, which unloaded all of its property except for the iconic Neo-Classical bank at the foot of the Williamsburg Bridge.
Mild suffering for a long time or significant hardship for a shorter time. Those were the choices faced by the Metropolitan Transportation Authority when it came to post-Hurricane Sandy repairs on the L train tunnel under the East River. The MTA has opted for the latter option.
A hospitality haven is rapidly rising at the northern fringe of Long Island City, in an area that overlaps into Dutch Kills to the east and Ravenswood to the west. Despite its convenient location just minutes away from Midtown via subway, the neighborhood north of Queens Plaza was largely ignored by the city and developers for most of the 20th century. During that time, local street character ranged from quiet residential enclaves to fenced-off commercial and industrial facilities to seedy, crime-ridden nooks that the casual visitor best stay away from. Since Long Island City has become one of the city’s hottest neighborhoods, a dozen hotels sprung up within its northern portion, with several more currently in progress. Upon completion, the 10-story one at 29-12 40th Avenue, which will be run by a yet-to-be-announced operator, would bring 75 rooms to the booming neighborhood.