Posted Sep 24, 2019, 4:12 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Riverview Estates Fairway (PA)
Posts: 45,859
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NEW YORK | 457 Grand Avenue | FT | 9 FLOORS
Project: 457 Grand Avenue
Quote:
Fogarty Finger Architecture has debuted new renderings of a nine-story residential building at 457 Grand Avenue in Clinton Hill, Brooklyn. The newly subdivided tax lot where the development will be located was originally designated to the Bethel Seventh-day Adventist Church, constructed in 1882. Ranger Properties was allowed to proceed with construction following a $2.1 million transfer of land rights to repurpose the church’s underutilized parking lot. The development also required an approved tax lot division, which successfully passed through the Department of Buildings in 2018.
The new building will contain 120,809 square feet and include 112 apartments. Twenty percent of the units are earmarked as permanently below-market rate. An additional allotment of apartments will include shared‐suite residences also offered at below-market rate.
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NYY
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