Sales Launch at 561 Pacific Street in Boerum Hill, Brooklyn

Sales have launched for 561 Pacific Street‘s 63 residential units in Boerum Hill, Brooklyn. The 12-story project is being designed by ODA and developed by Adam America Real Estate. The site is located on the northern corner of Fourth Avenue and Pacific Street, next to the Atlantic Avenue Barclays Center subway station with access to the 2, 3, 4, 5, B, D, N, Q, and R trains. The development is also addressed as 24 Fourth Avenue.

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Rendering of 141 East Houston Street

$90M Office Building to Replace Sunshine Cinema on Lower East Side

Sunshine Cinema in the Lower East Side will soon be demolished to make room for a nine-story office building. Developers East End Capital and K Property Group have secured some $90 million in financing to fulfill their proposal at 141 East Houston Street. According to Crain’s Business, the development partners obtained a $67 million construction loan from CapitalSource and $19 million of mezzanine financing from Canyon Partners.

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Pilings and Excavation Begin at 37 Sixth Avenue in Prospect Heights, Brooklyn

Three piling machines and two excavators have been set up at 37 Sixth Avenue in Prospect Heights, Brooklyn. The upcoming 343,788-square-foot, mixed-use building will rise 26 stories and bring 323 rental units to the neighborhood. The property sits at the corner of Dean Street and Sixth Avenue and is directly to the east of Barclays Center. Marvel Architects is the designer and the Brodsky Organization is the developer. An updated rendering was also posted on the construction fence. The project is alternately addressed 495 Dean Street and 664 Pacific Street.

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