A trio of affordable housing developers have been building the huge, mixed-income Navy Green project next to the Navy Yard for nearly a decade, and now the final piece—23 townhouses—is under construction. A crop of single-family homes is taking shape on Vanderbilt and Clermont Avenues between Flushing and Park Avenues, on the border of Fort Greene and Clinton Hill.
Fortis Property Group is proposing to build an as-of-right 260,000 square-foot student dormitory on the corner of Henry and Amity Streets, in Cobble Hill, according to Politico. The developer acquired the Long Island College Hospital complex from SUNY for $240 million, and is currently seeking a rezoning for the property, which would include senior housing, park space, and a public school. Fortis has also drafted plans for an as-of-right 35-story residential tower in addition to the dormitory, which would have hundreds of beds. Fortis’ plans for a five-story medical facility and eight townhouses have already been filed with the DOB.
Over the summer, Silverstein Properties began demolishing the low-rise commercial building at 520 West 41st Street/514 Eleventh Avenue, in Midtown West, to make way for a 1,400-unit mixed-use development. Now, the developer has tasked CBRE to market and sell the property, which could potentially be worth close to $500 million, according to Crain’s. The project is currently being processed through ULURP, as a rezoning is required, and Silverstein eventually agreed to allot 375,000 square feet for affordable housing. YIMBY revealed the original proposal in July of 2014.
An attractive, early 20th century bank building has sat vacant at the corner of Pitkin Avenue and Mother Gaston Boulevard in Brownsville for a few years, a neglected architectural gem near one of the neighborhood’s sprawling housing projects. But last time YIMBY passed by the building at 1797 Pitkin Avenue, someone had started doing work on the ground floor. Now we know why: a nursing home company has filed plans to convert the commercial building into a community facility.
Back in June, YIMBY last brought you a construction update on the 51-story, 68-unit residential tower at 5 Beekman Street/115 Nassau Street, in the Financial District. In the summer, the building was a few floors from topping out, and now, per Curbed, the building has topped out with exception of the metal ornamental turrets. The Gerner Kronick + Valcarcel-designed tower rises from the 10-story Temple Court building, which is also being converted into a 287-key hotel. GFI Capital and GB Lodging are developing, and completion is expected next year on both components of the project.