The affordable housing lottery has launched for Williamsburg Apex, a pair of eight-story mixed-use buildings at 28 Boerum Street and 255 Lorimer Street in South Williamsburg, Brooklyn. Developed by Loketch Group, Joyland Group, and Meral Property Group, the structures yield 336 residences. Available on NYC Housing Connect are 101 units for residents at 130 percent of the area […]
read morePermits have been filed for a seven-story residential building at 817 Classon Avenue in Crown Heights, Brooklyn. Located between Lincoln Place and St. Johns Place, the lot is in walking distance of the Eastern Parkway-Brooklyn Museum subway station, serviced by the 2 and 3 train and the Park Place station, serviced by the Franklin Avenue shuttle. Moishe […]
read moreWatermark Capital Group has sealed $50.6 million of acquisition financing for the purchase of ant Brooklyn office building slated to be converted into multifamily housing, Commercial Observer has learned. BridgeCity Capital originated the loan on 175 Pearl Street, an eight-story building in Brooklyn’s Dumbo neighborhood that Watermark recently acquired for $66.5 million from Cannon Hill […]
read moreA Downtown Brooklyn office tower could become housing under a new conversion plan. Williamsburg-based developer Watermark Capital Group, which has been busy scooping up numerous houses of worship across the borough — one of them most recently in Fort Greene — just acquired a large office building at 175 Pearl St. with plans to knock […]
read moreLoketch Group, the Joyland Group, and Meral Property Group have formed a joint venture to begin a new mixed-use project at 555 Broadway in Brooklyn. The address represents a large, wedge-shaped assemblage on the border of South Williamsburg and Broadway Triangle. The site was formerly owned by The Collective, a United Kingdom-based co-living company that announced plans in 2021 […]
read moreCommon inks deal for second co-living building in Williamsburg Publication: The Real Deal Co-living startup Common has tied up a deal to open its second location in Williamsburg as the company looks to scale up with new development deals. … Read More
read moreThe Loketch Group Announces Townhouse Development In Clinton Hill, Brooklyn Publication: NY Yimby The Loketch Group and Marvel Architects have again teamed up on a new low-rise residential development in Clinton Hill, Brooklyn. Located at 444 Vanderbilt Avenue, the new, three-story property will include seven neighboring townhomes, each measuring approximately 4,000 square feet. The homes […]
read moreRenderings Revealed For 445 Vanderbilt Avenue In Clinton Hill, Brooklyn Publication: NY Yimby The Loketch Group has released renderings of its five-story rental development at 445 Vanderbilt Avenue in Clinton Hill, Brooklyn. The structure, developed in partner with Meral Property Group, will contain 44,875 square feet of residential space, a parking structure, and a 64-foot-long […]
read moreMore Loketch Articles on New York Yimby Publication: NY Yimby Read More
read moreTRD – Topics Publication: NY Yimby Bushwick is a neighborhood in northern Brooklyn, bounded by Flushing Avenue, Broadway, the borough of Queens and the Cemetery of the Evergreens. Some real estate market participants call it East Williamsburg and sometimes include the industrial area north of Flushing Avenue in the neighborhood, calling it Industrial Bushwick … […]
read morePermits Filed For 1616 Summerfield Street, Ridgewood, Queens Publication: NY Yimby Permits have been filed for a four-story hotel at 1616 Summerfield Street in Ridgewood, Queens. The site is four blocks away from the Halsey Street subway station in Bushwick, serviced by the L train. The Loketch Group is behind the applications … Read More
read moreRendering Revealed For 20 Spencer Street, Bedford-Stuyvesant, Brooklyn Publication: NY Yimby Today YIMBY has the reveal for the 12-story mixed-use building coming to 20 Spencer Street, formerly known as 18 Spencer Street, in Bedford-Stuyvesant, Brooklyn, right on the border with Williamsburg. … Read More
read moreThe top 10 biggest real estate projects coming to NYC Publication: The Real Deal The biggest New York City real estate project with plans filed last month was a 170-unit condominium project in Morningside Heights. Savanna’s residential project at 543 West 122nd Street is slated to span 315,674 square feet, making it February’s largest project, according […]
read moreSeven-Story, 27-Unit Residential Redevelopment Tops Out At 1004 Gates Avenue, Ocean Hill Publication: NY Yimby Construction has topped out and façade installation is underway on the seven-story, 27-unit residential redevelopment underway at 1004 Gates Avenue, in Ocean Hill … Read More
read moreNew renderings of Williamsburg’s new Jenga-like luxury rentals Publication: Curbed.com Last year, the Loketch Group revealed plans to expand the squat building at 207 South 3rd Street into a sleek and Jenga-esque five-story building (a bit of a knock-off of ODA New York’s signature boxy style), adding three stories and six apartments to the original structure. … […]
read more54 Unit, Five-Story Building To Replace Warehouses At 801 And 819 Wyckoff Avenue, Ridgewood Publication: NY Yimby Two warehouses in Ridgewood, Queens will be no more. The Loketch Group just acquired two vacant structures at 801 Wyckoff Avenue and 819 Wyckoff Avenue for $11.25 million … Read More
read moreRidgewood site trades for a pricey $261 psf Publication: TheRealDeal.com In one of the priciest deals for a development site in Queens’ Ridgewood neighborhood, the Loketch Group bought two vacant warehouses on Wyckoff Avenue for $261 per buildable square foot … Read More
read moreRevealed: 44 Kent Street, New Greenpoint Rental Development Publication: NY Yimby Earlier this year, YIMBY found an on-site drawing for a new development coming to 44 Kent Street, in Greenpoint … Read More
read moreRevealed: Expansion At 1004-1006 Gates Avenue, Bed-Stuy Publication: NY Yimby The Bushwick-Bed-Stuy borderlands are the final frontier for cheap rents and inexpensive development in both neighborhoods, and today we have a rendering for a project at 1004 Gates Avenue in Ocean Hill, courtesy of prolific Brooklyn developer The Loketch Group. … Read More
read moreRevealed: 490 Lefferts Avenue, East Flatbush Publication: NY Yimby So far this month, we’ve covered the Loketch Group’s planned 54-unit building in Ridgewood, and the design for the firm’s planned conversion and expansion on South 3rd Street in Williamsburg … Read More
read moreDeveloper Adding Another Harrisburg Apartment Complex to its Holdings, Reed Says Publication: Pennlive.com New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today … Read More
read moreWhat Does De Blasio’s 421-A Reform Mean For The Outer Boroughs? Publication: NY Yimby Mayor de Blasio unveiled his grand plan to fix 421-a this week, and his proposal requires any developer who wants to take advantage of the property tax exemption to set aside 25 to 30 percent of their units as affordable housing…. Read More
read moreAt Least One Developer Is Building Fancy Condos In Canarsie Publication: Curbed.com Canarsie is the last stop on the L train, which is largely pointed to as the perp that ushers gentrification deeper into Brooklyn. Despite, the neighborhood has remained largely untouched … Read More
read morePermits Filed: 803 Wyckoff Avenue, Ridgewood Publication: Cahn Communications Last week, YIMBY revealed the Loketch Group’s planned expansion at 207 South 3rd Street in Williamsburg. And now the Midwood-based firm has filed plans for a new apartment building at 803 Wyckoff Avenue in Ridgewood, just over the border from Bushwick. Read More
read moreDeveloper Adding Another Harrisburg Apartment Complex to its Holdings, Reed Says Publication: Pennlive.com New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today … Read More
read moreRenovating a Building, and Perhaps a Suburb’s Image Publication: NYTimes.com EAST ORANGE, N.J., Aug. 11 — In the cold nomenclature of tax assessors and municipal records, it is known as Lot: 2, Block: 280, District: 5. Before its once-proud apartments were abandoned to squatters and gangs, it was called the Mayfair, a label that now […]
read moreNEWARK’S NEW LOOK – WELCOME TO BRAND NEWARK, A CITY THAT’S GONE FROM URBAN BLIGHT TO PURE POSSIBILITY Publication: NY Post New Jersey-based GLC Group plans to add Harrisburg Park Apartments in the 1400 block of S. 15th St. to its list of multi-unit rental complexes in the city, Mayor Stephen R. Reed said today […]
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