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Rendering of 159 Boerum Street - Aufgang Architects

Developers Secure $55M Loan for 159 Boerum Street in East Williamsburg, Brooklyn

Slate Property Group and Avenue Realty Capital have closed on a $55 million loan to complete a 19-story residential building at 159 Boerum Street in East Williamsburg, Brooklyn. Designed by Aufgang Architects, the 80,000-square-foot structure will yield 120 units, with 19 reserved for affordable housing. Amenities will include a fitness center, a roof deck, a parking garage, and bike storage. The property is located between Graham Avenue and Humboldt Street.

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Housing Lottery Launches for 21 Meserole Street in East Williamsburg, Brooklyn

The affordable housing lottery has launched for 21 Meserole Street, a five-story residential building in East Williamsburg, Brooklyn. Designed by HPL Engineering and developed by Chang Qing Lin, the structure yields 24 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,715 to $187,330.

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Permits Filed for 87 South 6th Street in Williamsburg, Brooklyn

Permits have been filed to expand a three-story structure into a four-story mixed-use building at 87 South 6th Street in Williamsburg, Brooklyn. Located between Berry Street and Bedford Avenue, the lot is a short walk to the Marcy Avenue subway station, serviced by the J, M, and Z trains. Moses Jacobowitz under the 146 Wyckoff Developer is listed as the owner behind the applications.

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