Most of Williamsburg’s larger buildings have grown on the Northside, where waterfront parcels were deliberately upzoned. But every once in a while, a developer manages to snag a fairly large parcel like 329 Broadway, on the corner of Rodney Street beneath the elevated J/M/Z tracks.
Just like Brooklyn’s other trendy industrial zones in Bushwick and Williamsburg, the M-1 zone around the Gowanus Canal has become a breeding ground for boutique hotels. The developer of the nearby Union Hotel filed plans last year for a second hotel at 489 Baltic Street, on the border between Gowanus and Boerum Hill. Now YIMBY has renderings for the four-story project between Bond and Nevins Streets.
According to The New York Times, UK-based Thomas Heatherwick’s Hudson Yards centerpiece is now under construction. A source who has seen the design described it as resembling the shape of a chalice, rising higher than the 100-foot-tall Culture Shed, which YIMBY unveiled in 2013. The sculpture does not require public review, and Related Companies and Oxford Properties are developing.
The three-story commercial building spanning 2251-2259 Broadway, at West 81st Street on the Upper West Side, is expected to be demolished to make way for a new development, according to West Side Rag. The retail tenants are currently in the relocation process, and developer Alchemy Properties is leasing the property from the owner. Building applications and demolition permits have not been filed yet, although the property’s unused air rights were subdivided from the existing structure in April.
Nelson Management paid $51.5 million for the four-building, rent-stabilized complex known as Lafayette Boynton in the Soundview section of the South Bronx in 2011, and they just spent another $17 million renovating its 972 apartments. Now the Forest Hills-based firm plans to build two more 13-story towers in the sprawling development next to Soundview Park.