In January, Benchmark Real Estate Group acquired the five-story, 20-unit residential building at 50 Orange Street, in Brooklyn Heights, for $13.5 million. The developer has since tasked Lee Stahl’s design/build firm Renovated Home to draw up plans to convert the home into a single-family mansion, according to the Wall Street Journal. The 14,500-square-foot townhouse would include four bedrooms, a gym, an 800-bottle wine cellar, a library, and a rooftop terrace, although ultimately the buyer will be able to design the final layout. Construction is expected to last into 2017, although the property is already on the market for $22 million. A number of tenants are still currently residing in the building. Any exterior alteration must be approved by the Landmarks Preservation Commission, as the property is located within the Brooklyn Heights Historic District.
While developers tear down old industrial buildings left and right in downtown Jersey City, one builder has chosen to preserve and convert the huge Butler Brothers warehouse at 350 Warren Street.
It was back in January that the Landmarks Preservation Commission approved exterior modifications that will allow 1 Wall Street, the 1931, 50-story-tall, Ralph Walker-designed office building at the corner of Broadway in the Financial District,…
Filings for new buildings in Flatbush have slowed down, but developers continue to push the boundaries of gentrified Brooklyn further east and south. Owner David Shavolian filed plans earlier this week to build a six-story residential project at 3116 Clarendon Road in East Flatbush.
In February, a proposal to expand a three-story structure in Brooklyn was not approved by the Landmarks Preservation Commission, having been deemed too visible. On Tuesday, the applicant returned to the LPC and they approved a scaled down proposal to expand 75 St. Marks Avenue. That’s near the corner of Flatbush Avenue in the Prospect Heights Historic District.