The Real Deal New York

Top 10 biggest real estate projects coming to NYC

List of January's biggest filed permits includes six Brooklyn projects

February 12, 2015 08:00AM
By Claire Moses

Brooklyn dominated the list of the 10 biggest real estate applications filed in the first month of the year, with six new projects. Queens has two new massive projects in the top 10, the Bronx has one. Manhattan only appears once as well, with a residential building on Avenue D that L+M Development is constructing at 79 Avenue D, based on data provided to The Real Deal by PropertyShark. The top permit of the month was for Rubin Schron’s 44-story tower in Coney Island. Borough Park-based developer Bere Weber closes the list with a 98-unit residential development at 935 Morris Avenue.

1. 532 Neptune Avenue
Ruby Schron’s Cammeby’s International is building a 691,405-square-foot mixed-use building at this Coney Island site. The SLCE Architects-designed building will have 44 floors, making it the tallest building in the neighborhood. The plans call for 513,850 square feet of residential space — divided among 544 apartments — as well as 162,220 square feet of commercial space and a 15,521-square-foot community facility.

Simon Dushinsky's Bushwick development site at 10 Montieth Street

Simon Dushinsky’s Bushwick development site at 10 Montieth Street

2. 10 Montieth Street
Simon Dushinsky’s Rabsky Group is developing this former Rheingold Brewery site. The developer filed a permit application for a 265,629-square-foot, seven-story building that will include 398 units. The building will have a roughly 5,000-square-foot commercial component. Dushinsky paid $53 million for the site last year. ODA Architecture is the architect of record.

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From left: Eliot Spitzer, scrapped plans for 420 Kent Avenue and current 416 Kent Avenue site

3. 416 Kent Avenue
Eliot Spitzer’s Spitzer Enterprises filed a second set of permit applications to construct a total of two rental buildings the firm is developing at this Williamsburg location. Late last year, Spitzer filed plans for an 18-story apartment building next door, at 420 Kent Avenue. Plans call for a total of roughly 149,000 square feet of residential space for 200 units, a 3,000-square-foot commercial space and 233 parking spots. ODA Architecture is designing.

4. 74-10 88th Street
Nathan Hirsch is planning a Talmudic seminary at this location in the Glendale neighborhood of Queens. Mark Mariscal is designing the four-story, 142,183-square-foot building.

5. 101 Pennsylvania Avenue
A seven-story medical office building is proposed for this Brooklyn location. The structure would take up the entire block, as reported by New York YIMBY. Array Architects are designing the roughly 121,000-square-foot building.

6. 1535 Bedford Avenue
Adam America Real Estate is developing a 133-unit residential building at this Williamsburg location. The plans call for an eight-story, 106,006-square-foot structure that will include a nearly 15,000-square-foot commercial space. Issac & Stern Architects is designing the project. Adam America bought the site for $32.5 million.

From left: Avenue D and L+M Development's Ron Moelis

From left: Avenue D and L+M Development’s Ron Moelis

7. 79 Avenue D
L+M Development is constructing a 12-story, 96,038-square-foot residential building at this Alphabet City location. The developer bought the site for $12.5 million last year. The project calls for 108 units across roughly 88,170 square feet of residential space. The average size of the units will be about 800 square feet.

8. 42-10 27th Street
Albert Shirian’s New York Lions Group is developing an 18-story, roughly 90,000-square-foot residential building. Queens-based architect Raymond Chan is designing the building. The plans call for 110 apartments and an 8,645-square-foot commercial component. Shirian bought the property in 2005, as well as the adjacent lots, for a total of $8 million.

9. 2763 Morris Avenue
Alex Berkovitch’s Universal Contracting is planning to build a 68,056-square-foot residential development at this Bronx location that will include 65 affordable units and a house of worship. James McCullar Architecture is designing the 11-story building. The developer bought the site — which is made up of two lots — for a total of $2.5 million.

10. 953 Atlantic Avenue
Borough Park-based developer Bere Weber is planning to build a 98-unit residential building at this site, replacing a White Castle. Gerald Caliendo is responsible for the design of the eight-story, 67,253-square-foot building.

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