Today, YIMBY has the first close-up of 90 Morton Street’s ongoing transformation, in the West Village. The building is five blocks away from the Houston Street Subway Station, and six blocks from the West 4th Street Subway Station, putting it near most every subway line, or more exactly, the A, B, C, D, E, F, M, and 1 trains. Brack Capital Real Estate is behind the condominium conversion and expansion of the original pre-war structure, and Reuveni Real Estate will be handling sales, according to a new teaser website.
A twelve-story condominium building has received funding for its imminent rise at 70 Schermerhorn Street, in Brooklyn Heights, Brooklyn. The announcement comes from JLL’s Capital Markets, who raised $42.1 million in joint-venture equity from a $512 million fund managed by The Davis Companies. The capital will be allocated for construction financing. Lonicera Partners and Orange Management are behind the project, and the news comes also comes with a rendering.
Permits have been filed for a six-story mixed-use structure at 522 Grand Street, in Williamsburg, Brooklyn. The site is four blocks away from the Metropolitan Avenue Subway Station, serviced by the G and L trains. The site changed hands in July of 2016, for $3.1 million. An anonymous LLC is behind the applications.
Back in January, YIMBY posted a new rendering for Red Apple Group’s 3514 Surf Avenue, in Coney Island. Since then, we’ve spoken with the site’s developer, John Catsimatidis, who offered an even fresher image of the project, as well as some additional insight into what’s happening across the neighborhood and Brooklyn.
Permits have been filed for a 26-story hotel and residential tower at 159 Broadway, in Williamsburg, Brooklyn. Rising above the Williamsburg Bridge’s final stretch in Brooklyn, the structure would be a highly visible addition to the neighborhood. The J, M, and Z trains all ride just past the site. Their first stop in Brooklyn, Marcy Avenue, is just four blocks away. Cornell Realty will be responsible for the development, after purchasing the site for $26.2 million.