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184 Kent Avenue

Seven-Story, 338-Unit Condominium Conversion Underway At 184 Kent Avenue, Williamsburg

In 2015, Kushner Companies, LIVWRK, and Rockpoint Group acquired, for $275 million, the seven-story, 338-unit rental apartment building at 184 Kent Avenue, in northern Williamsburg, with the intention to convert the property into condominium units. The conversion project, dubbed Austin Nichols House, will include 338 condominium units, and now Curbed NY has the latest details. They will come in studios, one-, two-, and three-bedroom configurations, and the existing rentals are currently being converted on a unit-to-unit basis. Morris Adjmi Architects is designing the conversion, which includes a revamped lobby, new amenity spaces, and, of course, the apartments. The ground-floor is currently occupied by multiple retail units. The property was used as a warehouse before it was converted into residential space in 2010 by JMH Development.

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209 Havemeyer Street

Developers Acquire Mixed-Use Development Site At 263 South 5th Street, Williamsburg

Back in October of 2015, news broke that Tavros Development Partners, Charney Construction & Development, and 1 Oak Development were in contract to acquire the Dime Savings Bank assemblage in Williamsburg, located two blocks north of the Marcy Avenue stop on the J/M/Z trains. The $80 million sale has closed, according to Commercial Observer. The development site includes the properties at 263-277 South 5th Street, 262-272 South 4th Street, and 205 Havemeyer Street, and some site are currently occupied by low-rise commercial structures. The Dime Savings Bank of Williamsburg building, the existing two-story bank at 209 Havemeyer Street, was not part of the deal. The 50,000-square-foot site could accommodate a new 230,500-square-foot mixed-use building, although plans for the site have not been disclosed.

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