The Real Deal New York

Slate planning new 117-unit East Williamsburg resi building

100K sf project to rise next to existing Section 8 building at 198 Johnson Avenue

March 09, 2016 12:17PM
By Rey Mashayekhi

198 Johnson Avenue

198 Johnson Avenue in East Williamsburg (inset, from left: Martin Nussbaum and David Schwartz)

UPDATED, 1:05 p.m., March 9: Slate Property Group, one of Brooklyn’s most prolific residential developers, is planning a new 117-unit mixed-use building in the rapidly transforming East Williamsburg, according to permit applications filed Monday with the Department of Buildings.

The new seven-story, 100,000-square-foot rental building at 198 Johnson Avenue will occupy the block between Humboldt Street and Bushwick Avenue, rising adjacent to an existing three-story, 82-unit Section 8 residential building on the property.

In addition to more than 92,000 square feet of residential space, the development will include just over 8,000 square feet of ground-floor retail and a 2,300-square-foot rooftop outdoor recreation space for tenants, according to the filing.

The building is set to hold six ground-floor apartments, 20 units on the second floor, 21 apartments on each of the third through fifth floors, another 20 units on the sixth floor and eight units on the top, seventh floor.

Representatives from SlateTRData LogoTINY confirmed the plans, noting that the new structure would not be replacing the existing Section 8 building at 198 Johnson Avenue. The development firm, led by David Schwartz and Martin Nussbaum, will be ground leasing the property from the current owner, Martin Shnay’s Lindsay Bushwick Associates.

Aufgang Architects, the project’s architect of record, did not return requests for comment. Midtown-based Slate and Suffern, N.Y.-based Aufgang are also teaming on a nearby 20-unit residential building at 83 Bushwick Place.

Slate also recently teamed with Adam America Real Estate and Chinese development giant China Vanke to acquire a vacant 150,000-square-foot building on the Lower East Side for $116 million, with the goal of converting the 118-year-old structure into 100 luxury condo units. The three partners are currently working together on a planned 33-story condo tower in Downtown Brooklyn.