RFR Holding, LIVWRK, and Kushner Companies are preparing to enter into contract to purchase the 11-story, 733,000-square-foot office complex at 25-30 Columbia Heights, in Brooklyn Heights, in addition to the vacant full-block, 135,000-square-foot development site at 85 Jay Street, in DUMBO, from the Jehovah’s Witnesses. The team of developers are paying $700 million for the properties, according to the New York Post. 25-30 Columbia Heights, which is commonly called the “Watchtower,” is the organization’s current headquarters. It could possibly be turned into a commercial hub, similar to how the same developers converted the former Jehovah’s Witnesses properties at 81 Prospect Street into offices back in 2014. As for 85 Jay Street, the site has been long approved for roughly 1.1 million square feet of development. That’s as many as 700 to 1,000 residential units, which could boost the neighborhood’s population by a third, Brownstoner reported a few months ago.
Brooklyn-based property owner Joel Berkowitz has filed applications for a seven-story, 16-unit mixed-use building at 236 Stagg Street, in East Williamsburg, located three blocks south of Grand Street stop on the L train. The structure will measure 23,496 square feet, and will include 3,307 square feet of ground-floor retail space. Residential units will begin on the second floor and should average 833 square feet apiece, indicative of rental apartments. Amenities are set to include bike storage, an eight-car garage, and an 101-square-foot medical room in the cellar. Nataliya Donskoy’s Brooklyn-based ND Architecture & Design is the architect of record. The 4,658-square-foot lot is currently occupied by a single-story warehouse. Demolition permits have not yet been filed.
Fishel Miller, doing business as an anonymous Brooklyn-based LLC, has filed applications for a four-story, six-unit residential building at 195 Troutman Street, in western Bushwick, located six blocks from the Myrtle Avenue stop on the M train. The structure will measure just 4,396 square feet, which means its residential units should average 733 square feet apiece, indicative of rental apartments. There will be one or two units per floor, and a laundry will be located on the cellar level. Greenwich Village-based De-Jan Lu Architect is the architect of record. The 20-foot-wide, 2,000-square-foot lot is currently occupied by a two-story house.
In February, news broke that the two-story, 22,254-square-foot commercial building at 44-16 23rd Street, in the Court Square section of Long Island City, was going to be transformed into retail space. The Hakimian Organization, which is ground-leasing the property for 99 years from its property owner, is now conducting gut-renovations on it, The Court Square Blog reported. Plywood fencing currently surrounds the structure, which is will receive both interior and exterior upgrades. The windows on both the ground and second floors will be restored to their original sizes, after they were reduced in size following a previous alteration. JRT Realty, who is the leasing agent, is considering securing a restaurant, retailer, gym, an office tenant, or a mix of the those. Woodside-based Topos Design is the architect of record. Completion can probably be expected later this year.
Back in July of 2015, six four-story, single-family townhouses – located at 51-59 South 4th Street, in Williamsburg, two blocks in from the East River – were two stories above street level and rising. Now, the project, dubbed the Townhouses of Wythe Lane, have topped out and are nearing completion, Brownstoner reports. Four of the townhouses will measure 3,714 square feet each, one will measure 4,088 square feet, and the last will encompass 4,471 square feet. Each residence will feature private underground parking and over 1,000 square feet of private outdoor rooftop space. KUB Capital is both developing and designing in-house, with SZ Projects aiding in the design process. Occupancy can likely be expected within the next few months.