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.
Demolition has begun on the building that currently stands at 10-14 West 57th Street to clear the way for a 52-story mixed-use skyscraper, according to permits filed in early February. Scaffolding has been assembled and black construction netting now shrouds the entire low-rise structure.
Work is expected to wrap up this spring at Houston House, a new condominium development in the East Village. Lee Properties Group has released a new set of renderings as the project comes to a close. Located at Houston and East 2nd Street, the building’s official address is 298 East 2nd Street.
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.
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.
