Property owner Chestnut Global Enterprises has placed the development site at 115 Chestnut Street, located on the corner of Hermon Street in Newark’s Ironbound district, on the market for $3.96 million, Jersey Digs reported. Plans for a five-story, 72-unit residential building, called Vesey Street Commons, are fully approved. The apartments would range from one- to two-bedrooms, if a new developer were to follow the latest permits. The 28,988-square-foot plot is currently vacant. Until roughly a decade ago, it was occupied by an industrial building utilized by the Wilson Imperial Company.
An Elmhurst-based property owner has filed applications for a four-story, 10-unit residential project at 40-43 68th Street, in Woodside. The new building will measure 9,632 square feet and its residential units should average 749 square feet apiece, indicative of rental apartments. There will be seven off-street parking spaces behind the building. Chang Hwa Tan’s Flushing-based firm is the architect of record. The 4,000-square-foot lot is occupied by a two-story house. Demolition permits have not been filed at this time.
Construction is currently underway to redevelop the dilapidated four-story industrial property at 118-126 Green Street, on the corner of New Jersey Railroad Avenue in Newark’s Ironbound district, into a five-story structure with 64 residential units. The project, dubbed Textile Lofts, will also feature ground-floor commercial-retail space and a laundromat, Jersey Digs reported. The apartments will range from one- to two-bedrooms. Roseland, N.J.-based J&L Companies and an anonymous LLC are the developers. Bergen County, N.J.-based Inglese Architecture + Engineering is the architect. A construction timeline has not been revealed.
An anonymous Brooklyn-based LLC has filed applications for two four-story, eight-unit residential buildings at 1610 and 1612 New York Avenue, located on the southern end of East Flatbush. The buildings will measure 7,617 square feet each. Across both, the residential units should average 668 square feet apiece, indicative of rental apartments. The two fourth-floor units in each building will also have space on an upper mezzanine level. Brooklyn-based JFrankl Associates is the architect of record. The 40-foot-wide, 4,100-square-foot plot is occupied by a three-story house. Demolition permits were filed in January.
An anonymous Lower Manhattan-based LLC has filed applications for two two-story, two-family houses at 9806 and 9808 Avenue N, located on the corner of East 98th Street in Canarsie. The buildings will measure 3,780 square feet and 3,710 square feet respectively. Across both, the residential units should average 1,072 square feet apiece. There will also be a total of four off-street parking spaces. Sugnam Chang’s Brooklyn-based Basic Groups Corporation is the architect of record. The 5,000-square-foot plot is occupied by a single-story house. Demolition permits were filed in late 2015.