The property owner of 195 Sullivan Place, in southwestern Crown Heights, has filed applications for a five-story, 19-unit residential building measuring nearly 12,800 square feet. Panagis Georgopoulos is designing, and the existing two-story structure was approved for demolition this past January.
RR Woods Holdings 244 LLC has filed applications for a four-story, 10-unit residential building measuring 7,550 square feet at 185 Schaefer Street, in southern Bushwick. Arc Architecture + Design Studio is designing, and a dilapidated three-story structure passed pre-demolition inspection in March.
Allied Realty Partners LLC has filed applications for three three-story residential buildings, each measuring 8,750 square feet — two buildings containing four units, one with three — at 55-12 – 55-16 Van Doren Street, in Corona. Angelo NG + Anthony NG Architects Studio is designing, and the existing two-story structure at No. 55-14 was approved for demolition last Fall.
The Criterion Group plans to purchase the two-story property assemblage at 31-08 Northern Boulevard, in northern Long Island City, for $40 million, per The Real Deal. The development site boasts 253,000 square feet of building potential, but no plans for development have been proposed. The property last traded for $3.6 million in 2004, and the latest transaction should close this month.
Real Estate Weekly has revealed renderings of the two-story, 40,000 square-foot retail building being developed by Blumenfeld Development Group at the vacant lot of 925 Hunts Point Avenue, in northern Woodstock along the Bruckner Expressway. Dubbed The Crossing, Studio 5 is designing, and completion is expected in 2016.