6 Water Street

29-Story, 249-Key Hotel Finally Rising At 6 Water Street, Financial District

In February of 2014, YIMBY reported on filings for a 29-story, 249-key hotel at 6 Water Street, in the Financial District, and later that year, revealed an on-site rendering of the project, which is being designed by Gene Kaufman. Courtesy of a YIMBY reader, photos confirm the building is finally rising, and it’s now one floor above street level. Rhode Island-based Magna Hospitality Group is developing, after acquiring the site from prolific hotel builder Sam Chang last year for $44.3 million. Signage indicates an anticipated completion date of this coming winter, though that would seem unlikely.



102-18 Corona Avenue

Four-Story, Eight-Unit Residential Project Planned At 102-18 Corona Avenue, Corona

Guohui He, doing business as Excellent Fortune Property LLC, has filed applications for a four-story, eight-unit residential building at 102-18 Corona Avenue, in Corona, seven blocks south of the 7 train’s stop at 103rd Street. The building will measure just 5,276 square feet, which means units will average a rental-sized 660 square feet. Flushing-based Zheng & Associates is the applicant of record, and the project will expand upon the existing structure.


15-Story, 228-Unit Mixed-Use Building Tops Out At 180 Myrtle Avenue, Fort Greene

In April of 2014, YIMBY revealed renderings of Red Apple Group’s 15-story mixed-use building at 180 Myrtle Avenue, in Fort Greene, and a year later, the structure was two stories above street level and rising. According to Brooklyn Daily, the structure has topped out and slightly larger than originally planned. The building — dubbed The Margo — will have 228 residential units, 40 of which will be rented at below-market rates. The ground floor will feature 10,600 and 500 square feet of retail and community health space, respectively. Dattner Architects is designing, and completion is expected in the spring of 2016.


2403 East 69th Street

10 Two-Story Homes Planned At 2403-2429 East 69th Street, Bergen Beach

Great Neck-based developer Kamali Organization has filed applications for 10 single-family homes spanning the vacant lots at 2403-2429 East 69th Street, in Bergen Beach, a block in from the East Mill Basin inlet. The residential development will total 15,560 square feet in total, and each two-story home will measure a spacious 1,556 square feet. Arnold Montag’s AM/PM Design & Consulting, also based in Great Neck, is the applicant of record.