112-42 38th Avenue

Four-Story, Seven-Unit Residential Project Planned At 112-42 38th Avenue, North Corona

Xiao Hua Zhou has filed applications for a four-story, seven-unit residential building at 112-42 38th Avenue, in North Corona, located three blocks from the 111th Street stop on the 7 train. The structure will measure a total 5,500 square feet and units will average a rental-sized 785 square feet apiece. Each floor will contain two units except the top floor, where there will only be one unit. Flushing-based John Chen is the architect of record. Demolition permits were filed in June of 2015 to remove the existing single-story house from the 25-foot-wide lot.


12 Franklin Street

Developer Acquires Commercial Property Within Proposed Williamsburg Enhanced Business District

Simon Baron Development has acquired the two-story commercial property at 12 Franklin Street, in southern Greenpoint, for $24 million, according to The Real Deal. Located six blocks from the Nassau Avenue stop on the G train, the property is within the proposed Enhanced Business District, which would allow developers to trade light manufacturing space for extra office space in the North Williamsburg Industrial Business Zone. Before proposing to build anything, Baron is waiting to see how well the proposed rezoning works. Under current zoning, the property could accommodate a new 55,500 square-foot commercial building, or if community facility space is included, a 133,320 square-foot building.