Residential

366-370 Gates Avenue, rendering via Tower Real Estate Investments

Revealed: 366-370 Gates Avenue, Bed-Stuy Condos

New condos are growing at 366-370 Gates Avenue in the heart of Bed-Stuy, and we have the first look at the new project. Developer Tower Real Estate Investments sent along a rendering and details on their four-story, three-building development. The complex is under construction between Bedford and Nostrand avenues, five blocks from the Bedford-Nostrand G train stop.

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235 Cherry Street

JDS Development Planning 77-Story, 600-Unit Mixed-Use Building at 235 Cherry Street, Lower East Side

Since 2014, the property owners Two Bridges Neighborhood Council and Settlement Housing Fund have been in talks with an unknown developer over the 11,800-square-foot development site at 235-247 Cherry Street, on the southern edge of the Lower East Side. Now, it has been revealed that JDS Development Group is planning to build a 77-story, roughly 600-unit mixed-use building, The Lo-Down reports. The rental apartments should come in studio, one-, and two-bedroom configurations, with roughly 150 of the units permanently renting at below-market rates. There would also be 10,000 square feet of retail and a 4,600-square-foot senior community center in the tower. SHoP Architects will design the 900-foot-tall tower, which will be clad in terra-cotta and glass.

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425 Grand Concourse

Team Selected to Build 24-Story, 241-Unit Passive Affordable Residential Tower At 425 Grand Concourse, Mott Haven

In June of 2015, YIMBY reported on the Request for Proposals (RFP) launched by the city’s Department of Housing Preservation and Development (HPD) for the development site at 425 Grand Concourse, in Mott Haven. Now, Mayor Bill de Blasio’s administration has selected a development team for the 30,000-square-foot site, located on the corner of East 144th Street, Politico New York reports. Trinity Financial and MBD Community Housing Corporation will build a 24-story, 241-unit mixed-use building. The 300,000-square-foot tower will contain only below-market rate rental apartments, in addition to a charter school, a medical facility, community space for cultural and social programs, and a supermarket. It will also be the largest Passive House project in the city. Garrison Playground, located immediately to the north, will be rehabilitated. The city is expected to finance the project, which must first journey through the city’s Urban Land Use Review Procedure (ULURP) process. ULURP is scheduled to begin in early 2017.


11-17 47th Road

Four-Story, Seven-Unit Residential Building Planned at 11-17 47th Road, Long Island City

Bayonne, N.J.-based Chafia Capital Partners has filed applications for a four-story, seven-unit residential building at 11-17 47th Road, in the Hunters Point Section of Long Island City. The structure will measure 7,022 square feet, and its residential units should average 713 square feet apiece, indicative of rental apartments. There will be two apartments per floor, except for the fourth floor, which will host a single unit. That unit will also feature private rooftop space. Charles Diehl’s Brooklyn-based architecture firm is the architect of record. Permits were filed back in 2011 to demolish the existing 25-foot-wide, two-story townhouse.


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