In 2014, YIMBY revealed renderings for a mixed-use redevelopment of the buildings at 119-123 Kent Avenue, in northern Williamsburg, located three blocks from the Bedford Avenue Station on the L train. Now, Commercial Observer reports CW Realty and Joyland Group have acquired the three four-story tenement buildings for $15.9 million, which measure roughly 15,000 square all together and come with 5,700 square feet of air rights. The new owners plan to combine the three buildings through the first floor and create a 5,625 square-foot retail space. It’s not known if the old proposal is being built, but the properties’ existing 18 total residential units will be renovated. Only two of them are currently occupied (and they are rent-stabilized).
The four-story, 24,000 square-foot commercial building at 5018-5024 4th Avenue, in Sunset Park, has been purchased by developer Congregation Imrei Yehudah for more than $7.5 million. According to the Brooklyn Daily Eagle, the new owner plans to convert the vacant building into residential units or office space. The 6,400 square-foot lot also contains 2,880 square feet of air rights, which could go towards expanding the building. It’s conveniently located three blocks north of the 53rd Street stop on the R train.
RFR Realty’s 63-story, 94-unit luxury residential tower at 100 East 53rd Street has been rising since early last year, with in-depth renderings of it being revealed later that fall. The tower has since topped out at 711 feet above street level, according to Curbed. Units will come in one-, two-, three-, and four-bedroom configurations, and one of the two four-bedroom duplexes will be a 6,517 square-foot penthouse. The first two floors will house a food court and a restaurant, and floors three and four will host amenities. Hines and Vanke are partnered with RFR, and Foster + Partners is the design architect. William T. Georgis is designing the interiors and SLCE Architects is serving as the architect of record. Completion is expected in early 2017.
Jamaica-based BTML Development Corp. has filed applications for a four-story, six-unit residential building at 916 Herkimer Street, in Ocean Hill, located two blocks from the Ralph Avenue stop on the C train. The project will measure 6,574 square feet in its entirety and will have 4,487 square feet in residential space, which means units will average 748 square feet apiece. A fifth-floor penthouse is also part of the plan. Forest Hills-based ARC Architecture + Design Studio is the architect of record. The existing two-story townhouse was recently filed for demolition.
London-based Quadrum Global acquired the 179,000 square-foot development site at 53 Huron Street (a.k.a. 161 West Street), in Greenpoint, back in 2014 for $45.5 million. With the inclusionary housing bonus and an up-zoning, the site could accommodate a roughly 430,000 square-foot development, and Young Kim’s Queens-based Tan Architect has designed such a project. According to Brownstoner, the plans, which are currently on hold, sport 15- and 22-story residential towers with 516 total units. A sky bridge would connect the towers, and a multi-level podium would include parking, a terrace, and probably retail space. It’s not known when the developer will move forward with the project, which would require the demolition of a two-story warehouse.