Back in May, a developer filed plans to convert a warehouse into a nightclub at 599 Johnson Avenue, on the western edge of Bushwick’s industrial business zone. Now we have the first look at the warehouse’s transformation, which will liven up a pretty dead commercial block between Scott and Gardner Avenues.
Just east of Prospect Park in Brooklyn, Prospect Lefferts Gardens is seeing almost as much new construction as its pricier neighbor to the north, Crown Heights. Filings for new buildings roll in every few weeks, ranging from little market-rate developments to partially affordable megaprojects from developer Hudson Companies. Now we have an application for a five-story apartment building at 195 Hawthorne Street, between Bedford and Rogers Avenues.
Over the summer, Related Companies’ 11-story, 39-unit mixed-use building at 520 West 28th Street, in West Chelsea, was just starting to climb above street level, and now Curbed has a slew of new exterior and interior renderings via the project’s teaser site. The building will be topped by a 6,391 square-foot triplex penthouse, and 11,180 square feet of retail space is planned on the ground floor. Zaha Hadid is designing the project, Hayes Davidson crafted the renderings, and completion is expected in late 2016.
Back in August, Vornado Realty Trust mulled the idea of a residential conversion at the 27-story, 473,000 square-foot office building at 20 Broad Street, in the Financial District. Now, Nathan Berman is purchasing the leasehold from Vornado and reportedly following through with the conversion to rental apartments, per Crain’s. The New York Stock Exchange — expected to vacate the structure next August — owns the land under the building, and the lease expires in 2081.
Since New York’s earliest days, church organizations have held a considerable amount of the city’s real estate, which they use not only for direct religious services, but also as a means of generating income. Over the past year, we witnessed the destruction of one of the oldest properties of the kind, as the 119 year old Bancroft Building has been reduced to a pile of red brick rubble.
