Developer Investmates Real Estate is building townhouses in South Williamsburg, rentals on Grand Street, and now condos in Greenpoint. They’ve sent along renderings of their latest project, a five-story condo development at 78 Freeman Street, only a block from the East River between Franklin and West Streets.
Alloy and Monadnock Development’s One John Street condos are rising quickly along the Dumbo waterfront in Brooklyn Bridge Park, already reaching 10 stories, after rising out of the ground only earlier this year.
Attri Enterprises has filed applications for a four-story, five-unit mixed-use building at 892 Metropolitan Avenue, in East Williamsburg. The building will measure 5,050 square feet, and a 630 square-foot commercial portion will be located on the ground floor. Anthony Cucich is designing, and an old two-story structure was demolished this past January. The zoning lot is undergoing subdivision, and another building may rise at 894 Metropolitan Avenue, where a two-story townhouse was also demolished this past winter.
Developer iStar Financial and Coney Island USA have received the go-ahead to begin construction on the vacant but landmarked three-story, nearly 56,300 square-foot building at 3053 West 21st Street, on Coney Island. The structure and an adjacent vacant lot are being converted into a 90,000 square-foot complex featuring a 5,000-seat amphitheater. According to the Commercial Observer, a restaurant is also planned, and the $53 million project is expected to be finished by the middle of 2016.
Fortis Property Group is moving forward with their plans to convert Long Island College Hospital’s Cobble Hill buildings to residential, and now they’ve filed an application to renovate the landmarked Polhemus Building at 350 Henry Street into apartments.