There's usually a lot more stroller news than development items from the North Slope, particularly between Prospect Park West and Seventh Avenue, but one of the few buildings in the neighborhood that might be developed is actually moving that way. The People's Cathedral of St. Michael and All Angels on Union Street, which is a few steps from Grand Army Plaza, is going residential. There's a sign in front of the building showing it's for sale, but records indicate it changed hands last month for $5 million. Meanwhile, an application has been filed for the ever-popular "vertical enlargement" for a 25-unit residential building that would be designed by Michael Muroff Architect. The building would clock in at six stories. The Muroff firm, among other things, has designed a large number of projects in Williamsburg as well as Manhattan.
· Rendering vs. Rendering: New Burg Building V. 2.0 [Curbed]
It's been a big couple of weeks in Gowanus news with Toll Brothers renderings and Public Place plans. There's more: remember the big Gowanus Village site that developer Shaya Boymelgreen was going to develop with luxe waterfront condos and an Enrique Norten design? It's on the market for $27 million and Boymelgreen no longer has anything to do with it. The Brooklyn Daily Eagle reports that Boymelgreen "split" with partners Africa Israel Investments and Isaac Katan of The Katan Group "some months ago." The property is on the Massey Knakal site as "Gowanus Village for Sale." It weighs in at 3.998 acres and offers 470 feet of beautiful Gowanus Canal frontage, right across the water from the Toll Brothers site. Alas, the Enrique Norten dream for the Gowanus is dead too.
· Boymelgreen’s Gowanus Village Property For Sale at $27 Million [BDE]
· Gowanus Village for Sale, $27M (WARNING: PDF) [masseyknakal.com]
· Brooklyn's Very Own Banlieu (Riots Optional) [Curbed]
Through all the Lower East Side has been through over the years, including the recent wave of gentrification and construction, the Streit's factory on the corner of Rivington and Suffolk Streets has been a fixture of matzo-baking consistency. No longer. Three weeks ago, 148-154 Rivington Street—the home of Streit's since 1925—was put on the market by Massey Knakal for $25 million. The matzo business itself is moving, and the 104' x 100' lot is free to be converted or (ack!) torn down by whatever developer is lucky enough to snag it. MK's Philip Huang and Michael F. DeCheser have the listing, and from what we hear, conversion will be very difficult due to the state of the 47,500-square-foot building's interior. With a "community facility bonus," a new structure could be built up to 67,600 square feet. Streit's will stay in the building for another year, but after that, it is unclear where the operation will move. Certainly, this is the end of an era.
· Listing: 148-154 Rivington Street [Massey Knakal; warning: PDF]
Comments
