GDS Development has acquired an additional 7,410 square feet of air rights for their planned condominium development at 500 West 25th Street, in West Chelsea. The air rights were purchased from Brookfield and Related. Valued at $685 per square foot, GDS’ additional investment totals about $5.1 million.
Permits have been filed for a three-story mixed-use building at 28-57 45th Street, in a mostly residential part of Astoria, Queens. Seven blocks away is the 46th Street subway station, serviced by the E, M and R trains. Alex Lamartina will be responsible for the development.
In exciting news for Sunset Park, plans for 6208 8th Avenue are now pushing closer to reality. A major proposal for the former railroad site in Brooklyn would create over one million square feet of mixed-use development. The structures would include commercial, residential, and community facility space. The site is next door to the 8th Avenue subway station, serviced by the N trains. Since YIMBY last checked in on progress, the design has not changed, but new information has now been released providing specific details for the proposal.
Last but not least in this week’s updates on the city’s Brownsville plan is the first look at Livonia 4, a mixed-use, multi-site development comprised of a series of adjacent parcels in Brownsville, Brooklyn. Construction is expected to begin this year and the project is the third new development announced as part of “The Brownsville Plan,” with design by Magnusson Architecture and Planning. The $1 billion initiative is expected to yield over 2,500 affordable homes, infrastructure upgrades, arts and cultural facilities, and new community service programs.
Permits have been filed for a six-story residential building at 41-26 44th Street in the Sunnyside neighborhood of Queens. The site is five blocks from the 46th Street subway station, serviced by the 7 trains. Stella Chen of Lotus 89 LLC is behind the applications.