Per Kensington BK, the renovation of Dome Park is underway, located at 384 Dahill Road, on the border of Kensington and Borough Park. The multi-million dollar transformation will be completed by Fall 2017, and will better utilize the space of the former park playground.
An LLC has filed applications for a four-story, seven-unit residential building measuring 6,250 square feet at 108-22 50th Avenue, in eastern Corona. Gino Longo is designing the project, and a former two-story wood-framed structure was recently demolished.
The Real Deal reports that an affiliate of Ruder Finn has acquired the five-story, 34,000 square-foot commercial building at 425 East 53rd Street, in Midtown East, for $30.7 million. The building will be converted to office space to house the firm’s new headquarters, and Spagnolo Gisness & Associates is designing. The currently occupying tenants will vacant the building this summer.
Property owner Wonwoo Chang has filed applications for a four-story, four-unit residential building measuring 3,114 square feet at 32-29 44th Street, in the southeastern part of Astoria. Anastasios Giannopoulos is designing, and an existing single-story structure must first be removed.
Brownstoner reports the vacant lot at 1294 Bushwick Avenue, in southern Bushwick, as well as the three-story townhouse at No. 1296, are on the market as a development site for $1.25 million. The site is pre-approved for two buildings and a total of six units — the existing townhouse is to be kept and expanded under approved plans. An LLC had acquired the two lots for only $605,000 last year in April.