Sugar Hill Capital Partners has closed on the purchase of the vacant nine-story, 169,410-square-foot former senior residential facility at 1 Prospect Park West, located on the corner of Plaza Street West in Park Slope, for $84 million. The developer plans to convert the building, called Prospect Park Residence, into luxury residential units. It wasn’t specified whether they will be rentals or condominiums. Since Sugar Hill entered into contract for the property in 2014, a number of controversial evictions have taken place, some ending in buyouts and settlements, The Real Deal reported.
A rendering has been revealed of Mount Sinai Health System’s planned 70-bed hospital at 310 East 14th Street, located at the corner of Second Avenue in the East Village. The network is moving forward with the new location, dubbed Mount Sinai Downtown Beth Israel, following the scheduled closure of Mount Sinai Beth Israel, a 825-bed hospital in Gramercy.
Queens-based Huaming Inc. has filed applications for a four-story, 16-unit residential building at 104-17 Corona Avenue in Corona. The project will measure 17,376 square feet with residential units expected to average 867 square feet apiece. It will be topped by a duplex unit with space on part of the fourth floor and an upper penthouse level. It’s unclear whether the apartments will be rentals or condominiums. Benjamin B, Lam’s Queens-based Lam & Lam Engineering is the applicant of record. The 7,193-square-foot site is occupied by a three-and-a-half-story residential building. Demolition permits were filed in August. The 103rd Street-Corona Plaza stop on the 7 train is nine blocks north.
The Orthodox Jewish community in Borough Park is growing fast. Besides building apartments, one of the most visible ways the neighborhood expands is by establishing new schools. Today we spotted plans for a six-story school at 6202 14th Avenue, in the middle of an industrial zone that separates Borough Park from Dyker Heights and Bensonhurst to the south.
The industrial area near downtown Flushing may have escaped a rezoning from the city, but developers are still eyeing the warehouses and building supply stores for future high-rises. One of those builders has filed plans for a 12-story, mixed-use development at 133-34 36th Road, a few blocks from the Main Street stops on the 7 train and the Long Island Railroad.