Project: 334 Butler Street
Quote:
Arbie Development plans to build an 8-story condo building on the corner of Fourth Avenue and Butler Street complete with wrap-around balconies and duplex penthouse units, said Arbie's director of operations, Princess Simeon.
The developer bought the property in May for $4.35 million and filed for a permit earlier this month to demolish the three-story house on the site. Arbie hopes to finish the new condo building in 2018, Simeon said.
It's the largest project to date for the young development company, which has been in business less than a year, working primarily on gut renovations and townhouses in Bed-Stuy and Crown Heights.
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