Back in 2013, the Teaneck, New Jersey Zoning Board of Adjustment granted a variance to build a seven-story, 128-unit apartment building at 1475 Palisade Avenue. Now the developer, The Family Office, has landed a $30 million construction loan to build the project, according to Real Estate Weekly. The building will sit atop a two-story, 256-car parking garage, and residential units will have one- to three-bedroom configurations. An estimated completion date has not been released.
Sheepshead Bay remains one of Brooklyn’s most affordable neighborhoods to buy a condo or co-op, and now a developer has filed plans for new condos there, at 1780 Sheepshead Bay Road.
Property owner Kaplan Ibraimovic has filed applications for a three-story, three-unit residential building at 35 Monroe Avenue, in St. George, on Staten Island. The little multi-family home will measure 2,256 square feet, and full-floor units will average a rental-sized 752 square feet apiece. Staten Island-based Frank Vaccaro is the applicant of record, and a recessed garage, originally associated with the neighboring residence, must first be demolished.
Comunilife and Woodhull Medical Center are planning to build a six-story, 89-unit all-affordable residential building at 185 Throop Avenue, at a vacant lot in northern Bedford-Stuyvesant where the medical center is also located. The building will include 53 apartments for people referred by Woodhull and 36 low-income residential units, according to DNAinfo. Brooklyn Community Board 3 recently approved the project, although applications have yet to be filed with the DOB.
Banner Development has filed applications for a three-story, 139,264 square-foot self-storage facility at 5002 Second Avenue, in Sunset Park, located two blocks in from the New York Harbor. The operational commercial space will span roughly 82,510 square feet in the building, and the basement floor will also be used for storage. Frank Relf, based on Long Island, is the architect of record, and an existing block-thru warehouse must first be demolished.