Retail


333 Schermerhorn Street

56-Story, 750-Unit Mixed-Use Tower Close To Topping Out At 333 Schermerhorn Street, DoBro

YIMBY last checked in on 333 Schermerhorn Street, in Downtown Brooklyn, back in September, and since then the structure has grown rapidly, the Brooklyn Daily Eagle reports. The 56-story, 750-unit mixed-use tower is only weeks from topping out, with just five floors to go, and façade work can also be seen wrapping around the lower portion of the skyscraper. Upon completion, it will be (temporarily) the tallest building in Brooklyn, standing 610 feet above street level. Of the residential units, 150 of them will be set aside as affordable housing and 34,823 square feet of retail space is planned. Douglas Steiner is developing, Dattner Architects is designing, and move-ins are expected in mid-2016.



51 Jay Street

Seven-Story, 74-Unit Residential Redevelopment Tops Outs At 51 Jay Street, DUMBO

The residential redevelopment of the former three-story, 81,805 square-foot manufacturing building at 51 Jay Street, in Dumbo, has topped out, according to Brownstoner. The structure has been transformed into a seven-story building and now measures 135,658 square feet. Seventy-four condominiums units will spread across the majority of the building, measuring an average 1,815 square feet apiece, and 1,333 square feet of ground-floor retail is planned. The project includes six separate penthouses and is currently 75 percent sold with move-ins expected in mid-2016. Slate Property Group is developing is ODA Architecture is the design architect.


144 East 24th Street

10-Story, 42-Unit Residential Renovation Planned At 144 East 24th Street, Kips Bay

Slate Property Group and RWN Real Estate have acquired the 10-story, 33-unit apartment building at 144 East 24th Street, in Kips Bay, for $29 million. The 40,000 square-foot structure will be renovated and reconfigured into a 42-unit property with smaller apartments, likely to accommodate the neighborhood’s growing student population. The small ground-floor retail space will also be expanded. It is currently occupied by Ralph’s Famous Italian Ices, according to The Real Deal.


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