Developers and local officials recently gathered to celebrate the beginning of construction at 70 Pier Street, a new multifamily rental property in Yonkers, New York. Led by Ginsburg Development Companies, the four-story building is located in the city’s Ludlow neighborhood and will eventually contain 36 rental apartments, ground-floor retail space, and parking garage for up to 35 vehicles.
Permits have been filed for a ten-story mixed-use building at 11 Gerry Street in Williamsburg, Brooklyn. Located between Harrison Avenue and Flushing Avenue, the lot is steps from the Flushing Avenue subway station, serviced by the G train. Rafael Rabinowitz of Galaxy Developers LLC is listed as the owner behind the applications.
Construction has broken ground on a three-story rental building at 665 Second Avenue in Long Branch, New Jersey. Designed by Minno & Wasko Architects and Planners and developed by Inspired by Somerset Development, the structure will yield 22 apartments, an indoor parking garage with electric vehicle charging stations, and 800 square feet of retail space.
This week The Brodsky Organization announced the acquisition of 499 President Street in Gowanus, Brooklyn. The developer will partner with Avery Hall Investments to begin construction on a mixed-use multi-family residential building. When completed, 499 President Street will include 350 market-rate and affordable rental apartments, a range of resident amenities, and 20,000 square feet of ground-floor retail space. SLCE Architects is responsible for the design.
Permits have been filed for a four-story residential building at 2527 Grand Avenue in University Heights, The Bronx. Located between West 190th Street and West 192nd Street, the lot is near the Fordham Road subway station, serviced by the 4 train. Ascher Berkowitz of Big Dream Developers is listed as the owner behind the applications.
