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41-53 South 3rd Street

Flank Acquires Mixed-Use Development Assemblage at 41-53 South 3rd Street, Williamsburg

1:00 pm on April 6, 2016 By Reid Wilson

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.

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Seven-Story Affordable Housing Complex Nears Topping Out at 410 Manhattan Avenue, Williamsburg

6:30 am on April 6, 2016 By Vitali Ogorodnikov

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.

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At 88 Withers Street In Williamsburg, Former Paramount Studios Warehouse Makes Way For 12-Story Residential Project

6:30 am on April 4, 2016 By Vitali Ogorodnikov

Another block in central Williamsburg is shedding its commercial past as a warehouse at 88-92 Withers Street is torn down. It is slated to be replaced by a 12-story residential building, developed by Caro Enterprises and JHG Holdings. The 12,500-square foot corner lot sits across from the small park at the Badame Sessa Memorial Square, sandwiched onto a small triangular block by the side of the elevated Brooklyn-Queens Expressway. The cleared lot, situated within a residential-manufacturing M1-2/R6 zoning district, measures 125 feet along Withers Street to the north and 100 feet on Leonard Street to the east.

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