Wednesday, May 6, 2015

A Cut Above?

Add this lovely rendering to my recent informal tally of corner development on Fourth.   NY YIMBY has just revealed details of the new Brookland Capital building going up at 550 Fourth (15th Street).


"Plans filed in December say the building at 550 4th Avenue will rise 11 stories with 30 apartments, but Gilad tells YIMBY it will have 38 units. Based on the filing, those 30 apartments would be spread across 31,859 square feet of residential space, averaging out to fairly spacious units at 1,061 square feet a piece.
This design is definitely a cut above the average PTAC-covered, cast concrete building on Fourth Avenue. The glassy tower sits atop a 5,000-square-foot retail base with two commercial spaces. Staggered balconies and a setback beginning at the eighth floor help break up the building’s mass, and the varying blocks of windows add a bit of flair."  

The building will replace the corner supermarket & two frame houses on 15th Street,  Brookland paid just over three million dollars for the property last year.  Zoning dictates commercial or community space on the ground floor and parking requirements are waived.

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