Solomon Feder’s Velocity Framers USA has filed applications for a four-story, eight-unit residential building at 2823 Snyder Avenue, in Flatbush, two blocks south of the Church Avenue stop on the 2 and 5 trains. The building will measure 5,667 square feet, and units will average 708 square feet, indicative of rentals. Velocity Framer’s David Silberman is the architect of record, and demolition permits were filed back in 2008 to raze an existing dilapidating two-story home.
Property owner Sante Frasca, based in Flushing, has filed applications for a three-story, three-unit residential building at 59-14 Lawrence Street, in Queensborough Hill, just south of Flushing’s downtown area. The building will measure 2,993 square feet, which means units will average just under 1,000 square feet. Great Neck-based Frank Petruso is the architect of record, and the lot is currently vacant.
Extell Development has purchased the East Bronx property at 2505 Bruckner Boulevard, in Schuylerville, from Lightstone Group for $41 million. The development site is currently occupied by the former 14-screen Whitestone Mutiplex Cinemas building, which Lightstone shut down in 2013 with plans to build a shopping complex. The one-million square-foot property boasts roughly 829,000 square feet of commercial development rights, according to The Real Deal.
Amid news of a possible student dormitory component in Fortis Property Group’s redevelopment of the Long Island College Hospital property, in Cobble Hill, full breakdowns of the developer’s as-of-right and ULURP-proposed plans have been released. According to The Wall Street Journal, the as-of-right plans call for 528,935 square feet of market-rate residential space, 262,555 square feet of community facility — the dormitory component — as well as 23,375 square feet of public space, but no retail or affordable housing.
UDR, owner of the Rivergate residential building at 401 East 34th Street, in Kips Bay, will be allowed to build a small retail building on the corner of First Avenue and East 35th Street, according to DNAinfo. Since part of the property is public space, some thought UDR should have to go through the ULURP process, but Community Board 6 voted against that. The retail building will measure 2,000 square feet in total, and the park will also undergo a renovation with upgrades.