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  #1  
Old Posted Mar 6, 2015, 9:03 PM
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chris08876 chris08876 is offline
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Smile NEW YORK | 200 Harrison Street (Broadway Triangle) | 1146 units

Pretty large project down the line:

======================

Dushinsky’s Rabsky Group plans nearly 800 units on former Pfizer site



Quote:
The developer working to transform Bushwick’s Rheingold Brewery site into a mammoth rental project is now looking to build a pair of large apartment buildings on the former Pfizer site at the edge of Bedford–Stuyvesant.

Simon Dushinsky’s Rabsky Group has filed an application to rezone a pair of blocks at the Flushing Avenue G-train stop, which would pave the way for a pair of mixed-use buildings, according to papers the developer filed with the Department of City Planning.

The full-block properties at 249 and 334 Wallabout Street, now zoned for manufacturing, would hold two buildings with a total of 622 market-rate units, 155 affordable units and nearly 32,000 square feet of retail. Dushinsky paid $12.8 million in 2012 to buy the properties from Pfizer, the pharmaceutical giant.

The developer, one of the industry’s most mysterious and under-the-radar figures, could not be immediately reached for comment. Rabsky has built some apartment buildings further down Wallabout, but unlike the ODA Architecture-designed buildings at the Rheingold site, these are done in a more modest style. Like seemingly every part of Brooklyn, this nook of the borough at the edge of Bedford-Stuyvesant and South Williamsburg is seeing its fair share of investment. Sitting right next to the famed Marcy Houses that hip-hop titan Jay Z grew up in, Dushinsky’s sites are part of a portfolio Pfizer started selling off after it shuttered its Brooklyn headquarters in 2008.

Acumen Capital Partners picked up a 575,000 square-foot building in 2011 and has transformed it into 630 Flushing, an office property catering to small businesses seeking short-term leases and the flexibility to renovate their spaces.

Dushinsky is one of the more active developers in the outer-boroughs, working on the aforementioned Rheingold Brewery site as well as projects in Park Slope, Williamsburg and Long Island City.
==============================
http://therealdeal.com/blog/2015/03/....S4sfEEmV.dpuf

Last edited by chris08876; Jul 30, 2020 at 3:04 AM.
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  #2  
Old Posted Mar 6, 2015, 9:30 PM
jayden jayden is offline
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This sounds massive.
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  #3  
Old Posted Mar 6, 2015, 11:29 PM
antinimby antinimby is offline
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Uh oh, sounds like it would have to undergo the city's ULURP, otherwise known as the NIMBY fuckfest.

That's a huge plot of land. You'd think the city would allow more than just 800 units there. Betcha the CB's will complain that is too much. LOL.
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  #4  
Old Posted Mar 7, 2015, 3:38 PM
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Yeah, that's almost 2 blocks of land there. There should easily be twice as many units.
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  #5  
Old Posted May 30, 2017, 11:50 PM
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Smile NEW YORK | 200 Harrison Street (Broadway Triangle) | 1146 units

This is a big project for the area.

====================


Planned Apartment Complex at Pfizer Site Now Up for Public Review




Quote:
The public can now weigh in on a colossal apartment complex plan that could transform the long-neglected Broadway Triangle area with public green space and retail rentals.

Williamsburg-based developer the Rabsky Group began the public review process this week to turn two blocks of vacant land at 200 Harrison St. into an eight-building, 1,146-apartment mega-development that includes 859 market rate apartments and 287 subsidized apartments.

One hundred and fifteen of the subsidized apartments would go to families making around $38,000 a year, while another 172 would be set aside for families earning around $57,000 for a family of four, according to rules set forth under the city's Mandatory Inclusionary Housing.

Advocates and local city councilman Antonio Reynoso argue that the city should settle the lawsuit and come up with a plan for the whole Broadway Triangle area before any more individual properties are rezoned, though the city has maintained that the Rabsky Group has the right to propose a rezoning of the property it owns.

Further stoking the rage of community advocates, owners Simon Dushinsky and Isaac Rabinowitz of the Rabsky Group have a checkered history in north Brooklyn, in particularly in Bushwick, at the former Rheingold brewery site where they're currently developing another large complex.

Reynoso and community advocates there say the Rabsky Group has failed to live up to commitments made by an earlier property owner on the number of affordable apartments they're building.

Now that the city has certified the Rabsky Group's plan for the Pfizer site, Community Board 1 has two months to hold a public hearing on the project and write a recommendation.

No date has been set for that hearing.
=======================
https://www.dnainfo.com/new-york/201...-nyc-de-blasio
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  #6  
Old Posted Jul 21, 2017, 11:12 PM
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Williamsburg's Pfizer-replacing megaproject needs more affordable housing, says borough president

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As the Rabsky Group’s plan to bring an eight-building development to the former Pfizer sites in Williamsburg moves forward through the Uniform Land Use Review Procedure (ULURP), Brooklyn Borough President Eric Adams is now weighing in with his recommendations, and they don’t bode so well for the developer.

As plans stand right now, Rabsky intends to bring eight new buildings to the Broadway Triangle area with 1,146 apartments, 287 of which will be affordable units. In addition, the megaproject will also create 65,000 square feet of retail, half an acre of public open space, and 405 parking spots.

In his recommendations, Adams has stressed on a greater degree of affordability, 21,300 square feet of additional affordable housing to be precise, and disapproved the project as it stands right now. Instead he has given a set of guidelines that the developers might adopt in order for this project to be beneficial to the entire community.


“Considering these land use applications have been about more than one site or project, it represents a chance to evaluate the direction of development in Williamsburg and ensure that we are creating opportunities for everyone to afford to raise healthy children and families in this neighborhood,” Adams said in a statement. “Any rezoning that the City grants must affirm the standard of diverse, not segregated, opportunity.”

In addition, Adams has specified that the additional affordable housing be offered at an average rent of 60 percent of the area median income. He furthermore requested that the developer clarify the different bedroom types within the affordable units, and give the greatest preference to one-bedroom apartments.
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NYCurbed
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  #7  
Old Posted Dec 5, 2017, 1:33 AM
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City will reach settlement over discrimination claim at Broadway Triangle

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A court battle that began eight years ago concerning racial segregation in a proposed Brooklyn development is expected to end on Monday.

The fight over city-owned land at a site known as the Broadway Triangle where Williamsburg, Bedford-Stuyvesant and Bushwick border each other started in 2009, when a lawsuit was filed arguing that local minority groups were not part of the rezoning process. The settlement would create roughly 375 affordable housing units for the site, as well as provide legal counsel for locals who maintain they have suffered from housing discrimination, according to the New York Times.

The initial plan for the Broadway Triangle called for new six- or seven-story buildings with large apartments, which opponents saw as geared toward Hasidic residents, given that they tend to have large families and cannot use elevators on the Sabbath. It also called to give preference for the apartments to residents of Community Board 1, a largely white area, rather than the neighboring Community Board 3, which is more diverse.

Plaintiffs in the lawsuit said this plan largely excluded applicants who would need one- or two-bedroom apartments and that the city did not attempt to examine its impact on segregation.

The city would not change the rezoning of the area under the settlement, but the development plan would create a broader range of apartments, including studios, two-bedrooms and more. The settlement will also increase the number of sites included in the plan, allowing more housing to be built, and the city will use an open bidding process to choose new developers.
=========================
https://therealdeal.com/2017/12/04/c...dway-triangle/
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  #8  
Old Posted Dec 20, 2017, 1:58 AM
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Why don't these groups ever look at the overall dynamics. If people with growing families need large apartments, then they will be moving out of their smaller two bedrooms. Move in there. New housing opens up existing units.
Or get a three bedroom and some roommates. Friends of mine did just that in a townhouse on Marcy for years.

How is it possible for singles or couples without kids to tell the city developers can't build large apartments for families? Singles have lots of options to them. A large family can't share three one bedrooms.
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  #9  
Old Posted Mar 27, 2018, 6:09 PM
The Best Forumer The Best Forumer is offline
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this will add to the density.
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  #10  
Old Posted Mar 27, 2018, 6:21 PM
yankeesfan1000 yankeesfan1000 is offline
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NIMBY's are now demanding a "racial impact study." Basically 40% of the affordable units will have 3 or 4 bedrooms, and because the neighborhood has a large Hasidic population, who tend to have larger families, this group is saying this project disproportionately favors the Hasidic community, even though 60% of the affordable units will be smaller units.

Edit : WTF even is a "racial impact study"???

Local government in this city is completely out of their minds.

"...contend the city violated the Fair Housing Act by refusing to incorporate a racial impact study into its rezoning process...

...According to Fennell, the development’s mix of affordable housing options (40 percent of the apartments are going to be 3 or 4 bedroom units, which CUFFH says disproportionately favors the area’s Hasidic Jewish families) and market-rate housing—which will most likely be filled by more affluent, primarily white tenants—will exclude black and Latino families and make Williamsburg even whiter...

...CUFFH and BRASH are asking a judge to throw out the Pfizer site zoning and do it again with a racial impact study included. “The study will determine what the project needs to look like,” according to Fennell.

In response to the suit, a judge has issued a temporary restraining order, which Fennell said halted all construction on the project for the moment..."

Last edited by yankeesfan1000; Mar 27, 2018 at 6:43 PM.
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  #11  
Old Posted Apr 8, 2018, 2:33 AM
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Insane.

If this is allowed, why not take it to the next logical step and sue the city for its rezoning process that is limiting the supply of new units on the market, which is causing widespread gentrification as wealthy white folks displace poor black and Hispanic families. That's the real Fair Housing Act violation.
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  #12  
Old Posted Apr 13, 2018, 2:20 PM
cjreisen cjreisen is offline
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Silly because this area is owned by the Orthodox, like this is their hood, Southern Williamsburg and Borough Park, and they need space to live, and this is the last truly large vacant swath of land -- they're getting priced out just as minorities are. We need to stop this from being a race discussion, and start the idea that not catering to the Orthodox is antisemitic. Treating orthodox as just being white is intellectually dishonest, they are marginalized and treated like shit, even by whites, even more than any minority can claim to be. Hate how ridiculosu the race discussion has gotten in NYC.
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  #13  
Old Posted Apr 13, 2018, 10:58 PM
NYer34 NYer34 is offline
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Quote:
Originally Posted by cjreisen View Post
Treating orthodox as just being white is intellectually dishonest, they are marginalized and treated like shit, even by whites, even more than any minority can claim to be.
Who cares if they are white or not at all?

Honestly, being a member of a given race, a minority, having some sort of ethno-racial-whatever grievance, whether you're black, Chinese, Orthodox, Italian, whatever ... NONE of that should mean you have any more or less ability to live somewhere than anyone else, as long as you can pay for it.

Wasn't that why red-lining ended, for crying out loud?!
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  #14  
Old Posted Apr 14, 2018, 1:35 PM
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I don't think a racial impact study will go far in this city. Its discriminatory.
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Old Posted Apr 19, 2018, 1:41 AM
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I'm no lawyer, but there is a long standing notion of disperate impact by race in housing. The argument here seems like a reach, but it might be enough to tie the case up in courts for years or more probably give the opponents some power to negotiate some "community benefits" out of the developers.
http://www.scotusblog.com/2015/06/paul-hancock-fha/
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  #16  
Old Posted May 31, 2018, 9:46 PM
The Best Forumer The Best Forumer is offline
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This should add even more to the streetlife in that area. Nice.
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  #17  
Old Posted Dec 1, 2018, 7:17 AM
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Rabsky and Spencer land $65M loan for Broadway Triangle project


Quote:
Simon Dushinsky and Isaac Rabinowitz’s Rabsky Group is forging ahead with an eight-building development in South Williamsburg’s Broadway Triangle, after a judge dismissed a discrimination lawsuit against the controversial project earlier this year.

Dushinsky, together with co-developer Joel Gluck of Spencer Equity, landed a $65 million loan from an unnamed financial institution for the project, according to documents filed with the Tel Aviv Stock Exchange.

The one-year loan will repay an existing $20 million loan on the property, originated by Signature Bank in 2015. Another $10 million will will be used to repay Gluck a portion of the money he fronted Dushinsky, leaving roughly $30 million in the pot after costs, according to the document. Gluck has provided Dushinsky with two loans, a $15 million loan that comes due in January, and a $20 million loan that comes due in April.

Under the terms of the new loan, which carries an interest rate of 4.5 percent over Libor, Dushinsky and Gluck have the option of increasing the debt to $80 million, and the lender has right of first refusal on the financing of a second stage of the two-block development.

Rabsky and Spencer are equal partners in Harrison Realty LLC, the owning entity of the project, which consists of 1,146 housing units — 287 of which will be affordable — and 65,000 square feet of retail.

Rabsky’s plan for the area has ignited several rounds of community disssent. After the city approved a rezoning that allowed the project to go through, several community groups sued claiming that the influx of market-rate apartments would discriminate against people of color. The suit was dismissed in July.
Credit: TRD
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  #18  
Old Posted Mar 5, 2020, 6:00 PM
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chris08876 chris08876 is offline
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Glad the suit didn't go through. BS, to have to conduct racial studies for rezoning. Oh brother. On step closer to this happening and less bs on the approval side of things.


= = = = = =


Suit against Rabsky’s Broadway Triangle project dismissed again

Quote:
An appellate court has upheld the dismissal of a lawsuit that accused Rabsky Group’s Broadway Triangle project of discriminating against people of color.


Churches United for Fair Housing in 2018 asked the court to nullify the rezoning of the former Pfizer site in Brooklyn where Rabsky is building its project. The suit also sought to implement a requirement that the city conduct racial impact studies whenever it rezones a property: Churches United argued that the project’s market-rate units would mostly go to “wealthy whites,” the affordable units would mostly go to Hasidic tenants, and minority tenants in the surrounding areas would get priced out by rising rents.

Judge Arthur Engoron dismissed this lawsuit in the summer of 2018, and New York’s appellate division upheld his decision in a ruling handed down in late February.
======================
TRD
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  #19  
Old Posted Jul 30, 2020, 3:05 AM
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Merged a duplicate thread with this one. Was the same project.
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