In October of 2014, YIMBY reported on applications for an eight-story, 385-unit residential building at 123 Melrose Street, the site of the former Rheingold Brewery complex in western Bushwick, located three blocks from the Myrtle Avenue stop on the J/M/Z trains. All Year Management has now acquired a piece (28 Stanwix Street) of the mega-block development site – bound by Evergreen Avenue and Stanwick, Melrose, and Noll streets – from Princeton Holdings and Read Property Group for $72.2 million, The Real Deal reported.
Park Avenue is about to get its first new office tower in decades as the 1957 office tower at 425 Park Avenue (catty corner to Rafael Viñoly’s 1,396-foot-tall 432 Park Avenue), once the pinnacle of modernity, is being reinvented for the 21st century via a partial demolition and a dramatic, 893-foot-tall restructuring by developer L&L Holdings and architects at Foster + Partners.
Property owner Ahn Lee-McKechnie has filed applications for a four-story, three-unit residential building at 346 43rd Street, in northern Sunset Park, located two blocks north of the 45th Street stop on the R train. The building will measure 4,000 square feet, which means its residential units should average a spacious 1,333 square feet apiece, indicative of condominiums. There will be two full-floor apartments on the ground and fourth floors, and a duplex unit spanning the second and third floors. Hames Hill’s Garment District-based Urban Pioneering Architecture is the architect of record. The site is currently occupied by a three-story townhouse. Demolition permits have not yet been filed.
Property owner Anthony Namdar has been filing applications since 2014 for three two-story residential buildings at 217-15 – 217-21 112th Road, in southern Queens Village, located roughly one mile south of the neighborhood’s Long Island Rail Road station. There will be a 1,749-square-foot, single-family house at the center of the site, which will book-ended by two 2,742-square-foot, two-family houses. Across the entire development, residential units should average 914 square feet apiece. All of the houses will also feature a 300-square-foot, single-car garage. Jamaica-based Royal Engineering is the applicant of record. An existing two-story wood-framed house must first be demolished.
Scarsdale, N.Y.-based Ducaj Construction Corp. has filed applications for a three-story, five-unit residential building at 2889 East 197th Street, in Middletown-Pelham Bay, located five blocks from the Pelham Bay Park stop on the 6 train. The new building will measure 6,340 square feet in total and its residential units should average 951 square feet apiece, possibly indicative of condominiums. There will be two apartments each on the ground and second floors, and a full-floor unit on the third floor. Pelham, N.Y.-based Fred Geremia Architects & Planners is the architect of record. The corner lot is currently vacant.