YIMBY has the first rendering for yet another new building coming to Bushwick, Brooklyn, at 1601 Dekalb Avenue. The project is under development by Camber Property Group.
711 Montgomery Street in Jersey City has sold to Sequoia Development Group for an undisclosed amount. The sellers, Florida-based Rescore Montgomery LLC, had purchased the site in April 2015 for $4.5 million. Sequoia Development Group joined a partnership with Grid Real Estate to work on the development. The 16-story project is expected to yield 309 apartments, and today YIMBY has the first look at renderings.
Permits have been filed for a seven-story mixed-use building at 119 Second Avenue, in the East Village. The development will rise on the site of a tragic explosion from 2015, which claimed two fatalities. After the event, three buildings were demolished and cleared. The new project will fill one of the three addresses. Nexus Development is heading the project, partnering with Immobiliare Capital and Premier Equities. According to the Real Deal, Nexus purchased 119 and 121 Second Avenue in 2017 for $9.15 million. 123 Second Avenue was sold to Ezra Wibowo in 2016.
Permits have been filed for 555-44 97th Place in Corona, Queens. The site is six blocks east of the Woodhaven Boulevard subway station which offers service on the E, M, and R lines. The location is just west of Flushing Meadows Corona Park, and Aron Development is the developer of record.
New information has been revealed about 80 Flatbush, in Downtown Brooklyn, by Alloy Development. The release brings new renderings, as well as a construction timeline and design revisions in response to a substantial voluntary review process. The proposal will begin the formal public review through ULURP, i.e. the Uniform Land Use Review Procedure, in early to mid-March. Architecture Research Office will be responsible for the design of the school, to be included in the base.