The city has order an emergency demolition for five severely dilapidating tenement buildings located at 485-491 and 497 9th Avenue, according to DNAinfo. Reportedly, the buildings are protected from demolition, but the property owner David Israeli removed portions of the…
The New York City Housing Authority has proposed to allow private developers to build mixed-income residential towers on two parking lots at the Wyckoff Gardens public housing facility, in Boerum Hill. According to DNAinfo, the development would total 550 to 650 residential units, and the buildings would be located at 260 and 280 Wyckoff Street. Real Estate Weekly reports the units would be half affordable and half market-rate. Resident meetings will be conducted over the next month.
PWR Holdings has placed the development site at 111 Montgomery Street, in western Crown Heights, on the market with an asking price in the mid-$40 million, according to Commercial Observer. The 22,000 square-foot site boasts 168,000 square feet of development rights. New building applications were filed to build a 12-story, 173-unit apartment building on the property in March.
A stalled residential development at 531 Coney Island Avenue, on the border between Ditmas Park and Kensington in Brooklyn, is finally coming back to life. A tipster sent along this photo of the site at the corner of Hinckley Place, adding that the schematics were posted on the construction fence earlier this month.
Hudson Square-based NY Equity Management has filed applications for a five-story, 10-unit residential building at 684 Madison Street, in central Bedford-Stuyvesant, 10 blocks north of the Utica Avenue stop on the A and C trains. The building will measure 7,973 square feet in total, and units will average 797 square feet apiece. Flushing-based Frank Quatela is the architect of record, and a dilapidated two-story townhouse must first be demolished.
