real estate development

New Development at Manhattan and Box

A new 7 story residential building is set to replace a vacant warehouse at the northern end of Manhattan Avenue between Box and Clay Streets. The developer, Domain Companies, is planning for 210 apartments ranging from studios to two-bedrooms and 8,000 square feet of ground floor retail along Manhattan Avenue. The project is slated to have an on-site parking garage, rooftop terrace, media & game rooms, fitness center, and a resident lounge with a kitchen. The architect is Perkins Eastman and they are aiming for LEED Silver Certification by incorporating several green building materials. This same architect was responsible for nearby projects 34 Berry and 390 Wythe in Williamsburg.

The project, dubbed ’1133 Manhattan’, is being developed under Mayor Bloomberg’s ‘New Housing Marketplace Plan’, which was launched in 2004 to help create 165,000 new affordable housing units by the end of 2014. 50% of this project will be set aside for ‘low income’ and ‘middle income’ families. Specifically, 42 units will be reserved for households earning no more than 50% of Area Median Income (AMI) or $29,050 for an individual and 63 of the units will be available to households earning no more than 175% of AMI or $101,675 for an individual. The remaining 50% of the units will be market rate.

The site is currently a vacant, single story warehouse and is the former home of the Brooklyn Rapid Transit Railroad car barn. This northern end of Greenpoint is still very quiet, but several large developments are in the works that will dramatically increase the density of the area. The long planned, but yet-to-be-delivered park at 65 Commercial Street will only be a block away. New residents will be able to enjoy neighborhood favorites like Milk and Roses, Champion Coffee, Lobster Joint and Eastern District. Preliminary construction appears to be underway and is scheduled to be completed in late 2014.

What would fellow Greenpointers like to see on this site? Is this project the right use, size and scale?

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Billiards & Auto Parts To Apartments On McGuinness Blvd?

Proposed Apartments on McGuinness Blvd Greenpoint, BrooklynThat was the question on everyone’s mind at Wednesday night’s CB1 public hearing. In part, the public hearing was called to discuss the proposed rezoning of a block-long portion of McGuinness Boulevard from a manufacturing zone to a residential zone with a commercial overlay. This stretch of McGuinness between Calyer & Greenpoint is currently home to a gas station, several auto parts stores, Key Foods and Risqué Billiards. The owner/developer of 209-231 McGuinness– landlord to Risqué Billiards and ‘Strauss Discount Auto Parts’-  thinks his site’s highest and best use is a new, 140 unit apartment building. Several members of the community certainly disagreed at the hearing. Continue reading

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