Last year, All Year Management bought a warehouse at 41-21 28th Street in Long Island City for $17,000,000, and now YIMBY has the first look at the 16-story residential tower rising in its place between the Queensboro Bridge and 41st Avenue.
A piece of prime Williamsburg real estate at 150 North 12th Street has sat vacant, with only a foundation laid, since the recession swept away construction financing in 2008. But in the last few months, construction has re-started, and now YIMBY has a rendering for the seven-story rental building planned across the street from McCarren Park.
Two very different apartment buildings are inching toward the finish line on East 81st Street between Second and Third Avenues on the Upper East Side.
Joshua Dardashtian, of Pinnacle Real Estate Ventures, has filed applications for two four-story, multi-family residential buildings spanning the lots at 1506-1508 New York Avenue, in East Flatbush, near Brooklyn College. Each building will have nine apartments, averaging only 590 square feet apiece, which is strongly indicative of rentals. Sion Consulting Engineering is the applicant of record, and the site’s former 2.5-story structure was demolished this past May.
Blanca Otavalo, head of Fianzhin Builders Inc., has filed applications for two three-story residential buildings at 678-680 Jamaica Avenue, at the corner of Logan Street in Cypress Hills. Each building will have three residential units, averaging roughly 950 square feet apiece. Flavio Barros’ CB Engineering is the applicant of record, and a single-story garage structure must first be removed.