Two South Williamsburg-based investors hope to rezone three industrial properties in northern Bedford-Stuyvesant to make way for a large residential project with nearly 300 apartments spread across two buildings. Today we have the first look at the development, which will rise near the Brooklyn Navy Yard at 376-378 Flushing Avenue and 43 Franklin Avenue.
As mega-developer Related Companies finishes construction on its first buildings at Hudson Yards in Manhattan, the firm led by Stephen Ross is pushing forward with a small affordable development for veterans in northeastern Astoria, near the East River waterfront.
Cornell Realty Management has filed applications with the Department of City Planning seeking to rezone the development sites at 40 Crown Street and 931 Carroll Street, both of which are located in western Crown Heights. A 16-story, 390-unit mixed-use building is proposed at the 40 Crown Street site. That building would measure 400,000 square feet and include 15,000 square feet of retail. A 16-story, 128-unit residential building is proposed at the 391 Carroll Street site.
A rendering has been revealed of the proposed eight-story, 49-unit mixed-use project at 5108 Fourth Avenue, located on the corner of 51st Street in Sunset Park. The rendering comes as the project was recently approved by Community Board 7 as part of the city’s Uniform Land Use Review Procedure (ULURP), Brooklyn Daily reported. If all approvals are granted, the new building would feature Brooklyn Public Library’s new Sunset Park branch, measuring 21,000 square feet. There would be 49 affordable rental residential units on the floors above, ranging from studios to three-bedrooms.
RiverOak Investment Corp., Azimuth Development, and the nonprofit Women in Need are moving forward with plans to build a seven-story, 17-unit mixed-use supportive project at 316 East 91st Street, in the Yorkville section of the Upper East Side. All of the residential units will be two-bedrooms and they will be geared towards single mothers who are homeless, Crain’s reported.
