Market-rate construction isn’t hard to find in eastern Crown Heights and Ocean Hill, but it’s still pretty unusual a few blocks south in Brownsville, where the neighborhood’s reputation tends to scare off investors.
Friedland Properties has landed a $182 million mortgage to finance their planned 14-story, 239-unit mixed-use building at 7 West 21st Street, a vacant, thru-block property in the Flatiron District. A number of units will be affordable, and 8,210 square feet of retail is planned on the ground floor. Morris Adjmi Architects is designing, and the project was approved by the LPC in 2013.
Helm Equities Cooper LLC has placed their single-story retail building at 85-95 Cooper Street, in Inwood, on the market for $4.25 million, according to DNAinfo. GFI Realty Services is marketing the site, which boasts 13,132 square feet of development potential, the equivalent of a seven-story building on the property.
Extreme Homes Group has filed applications for a four-story, four-unit residential building at the vacant lot at 259 Kosciuszko Street, in northern Bedford-Stuyvesant, two blocks east of the Bedford-Nostrand Avenues stop on the G line. The building will measure 3,615 square feet, which works out to units of roughly 900 square feet. Gerald Caliendo is designing.
Property owner Gaby Uziel has filed applications for a four-story, eight-unit residential building at the vacant lot at 1709 Park Place, in eastern Crown Heights between Ralph and Howard avenues. The building will measure 5,600 square feet, and residential units will measure an average 700 square feet. Draft Master Engineering is the applicant is record.
