Stephen Oliver, owner of the restaurant at 9701 3rd Avenue, in southern Bay Ridge, has revealed plans to demolish the existing single-story building to make-way for a condominium project. According to Gothamist, the new building will have 20 units, and the restaurant will return to the ground floor when construction is complete. Oliver hasn’t announced who will develop the project, but the restaurant will close for demolition in two or three months. The site is located two blocks south of the R train’s final stop at 95th Street.
Last Summer, Apex Real Estate Investments acquired the three-story buildings spanning 253-255 3rd Avenue, in the Gramercy, and now the firm has purchased the buildings at 257-259 3rd Avenue for $15.7 million. According to Commercial Observer, initial plans were to build a 25-unit residential building with affordable units at Nos. 253-255, but it seems the site has been expanded. Bonus air rights are also available with the inclusionary housing bonus, but the rights will apparently be transferred elsewhere.
Brooklyn Law School has placed the 12-story, 39-unit rental building at 2 Pierrepont Street, in Brooklyn Heights, on the market with no asking price, according to the Daily News. The 40,178 square-foot property is expected…
Earlier this year, YIMBY posted drawings and floorplans that offered an idea of what 514 West 24th Street will look like. The site will soon give rise to a 10-story condominium building designed by Roman & Williams, and we can now reveal the first rendering of the project, dubbed The Fitzroy, which also now has its teaser website.
Tribeca-based developer DDG has just started construction on 180 East 88th Street, set to become the tallest tower above 72nd Street, when it tops out at 521 feet.