The City University of New York’s graduate center has purchased the vacant lot at 5-17 47th Avenue, in Long Island City, from O’Conner Capital Partners for $22.5 million, according to The Wall Street Journal. CUNY plans to build a dormitory for graduate students and faculty. The property could accommodate a building of six stories and 200 residential units, and is located a few blocks from subway stations for the 7 and G trains.
Borough Park-based Ranco Capital has filed applications for an eight-story, 82-unit residential building at 1825 Ocean Avenue, in Midwood, five blocks from the Q train’s Avenue M stop. The building will measure 63,291 square feet in total, and units will average a rental-sized 772 square feet each. Mapleton-based N.A. Design Studio is the applicant of record, and a gas station must first be removed.
Christian non-profit Metro World Child is renovating and expanding its Bushwick headquarters, and their development partner, Moshe Braver, has filed new building applications for a five-story residential project on their former property at 338 Evergreen Avenue.
Midwood-based BWH Construction has filed applications for an eight-story, 26-unit residential building at 1251 East 19th Street, in Midwood, three blocks from the Q train’s Avenue M stop. The building will measure 31,895 square feet, which means units will average 1,227 square feet apiece, possibly making for condominiums. Felix Pustylnik is the applicant of record. The 2.5-story home at 1251 East 19th Street was demolished over the past month, but demolition has not yet begun at the three-story residential building spanning Nos. 1943-1947.
Bed-Stuy-based CS Real Estate has filed applications for a four-story, 10-unit residential building at 1266 Pacific Street, in western Crown Heights, a block from the Nostrand Avenue LIRR station and three blocks from the A and C subways. The building will stand 70 feet tall, and thanks to mezzanine levels on each floor beginning with the second, units will get a little more residential space. Units will measure an average 850 square feet apiece, and Rego Park-based Diego Aguilera is the architect of record.