On the southern end of Williamsburg’s waterfront, a three-story commercial property at 484 Kent Avenue is about to hit the market as a development site, boasting 500,000 square feet of residential air rights. In 2011, the property was granted a zoning change to allow for three towers totaling 800 residential units, 30% of which would be affordable. Per Crain’s Business, HFZ Capital Group is interested in the property; the site is suspected to be valued north of $250 million.
Originally filed in June of 2014, property owner Muhammad Alam has filed additional applications for a six-story, 10-unit mixed-use building at 150-16 Hillside Avenue, in Jamaica. The building will measure a total 10,170 square feet, and 2,360 square-foot of retail space will take up the ground floor. Angelo Ng + Anthony Ng Architects Studio is designing, and an existing two-story structure must first be demolished.
Hudson County Community College has broken ground on a six-story, 74,000 square-foot academic building at a former parking lot at 263 Academy Street, in Jersey City’s Journal Square. The building will house STEM classes, and completion is expected in the Fall of 2017, according to The Jersey Journal. RSC Architects is designing.
Filed during the turn of the building code in 2014, more applications have been filed for a planned eight-story, 27-unit apartment building at 640 West 238th Street, in the southern, denser area of Riverdale. The building will have 20,205 square feet of residential space, and Shahriar Afshari is designing. The existing two-story, single-family structure passed pre-demolition inspection earlier this month.
United Realty has proposed a 10-story, 45,413 square-foot mausoleum at the vacant lot 1532 Madison Avenue, in southern East Harlem. The developer is looking for investors to fund the acquisition of the property, which is on the market for $15 million. The entire project would cost roughly $60 million and would include at least 2,900 crypts and 5,200 niches, according to Investment News.