157 Tompkins Avenue, rendering by Issac and Stern

Revealed: 157 Tompkins Avenue, Bed-Stuy

In the heart of Bed-Stuy, a decrepit three-story frame house is being torn down to make way for a six-story development at 157 Tompkins Avenue, near the Myrtle-Willoughby Avenue G stop. YIMBY has a rendering for the new building, a starkly modern addition to an aging, prewar block between Willoughby Avenue and Hart Street.

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481 East 164th Street, image via Bing Maps

Permits Filed: Supportive and Affordable Housing at 481 East 164th Street, Morrisania

The once-blighted neighborhoods of Melrose and Morrisania in the South Bronx are littered with vacant lots, but new affordable housing developments are quickly springing up to fill the holes. Nonprofit SoBro Development Corporation is moving forward with plans for an eight-story affordable and supportive building at 481 East 164th Street, on the corner of Washington Avenue in Morrisania.

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420 Tompkins Avenue

Six-Story, 44-Unit Residential Building Rising At 420 Tompkins Avenue, Bedford-Stuyvesant

Earlier this year, the two-story hardware store at 420 Tompkins Avenue, in southwestern Bedford-Stuyvesant, was demolished to make way for a six-story, 44-unit residential building, and now the steel-framed structure is a story above street level, per Brownstoner. Charles Mallea is designing, and the building will measure 29,908 square feet, featuring rental-sized units averaging 680 square feet. Bed-Stuy-based CS Management is developing, and completion is expected in the spring of 2016.

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550 Washington Street

Developer Buys Out Large Stake In 550 Washington Street, Hudson Square

In May of 2014, YIMBY brought you renderings of TEN Arquitectos’ conceptual plans for the St. Johns Terminal building at 550 Washington Street, in Hudson Square. At the time, multiple owners complicated the redevelopment of the 1.1-million square-foot structure, which has 280,000 square feet of air rights, but now Westbrook Partners has bought out Fortress Investment Group’s ownership stake for more than $200 million, according to Crain’s. Atlas Capital Group, who tried to acquire additional air rights from Pier 40 last year, will retain their minority stake. Plans include a new residential tower, which may be built ground-up or as a conversion/expansion, but city approval is required before construction can begin.

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