The Real Deal New York

Brookland buys Bed-Stuy site to jumpstart project

Eight-story residential building gets renderings

February 13, 2014 01:55PM

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marcy-avenue

Rendering of 689-691 Marcy Avenue in Brooklyn

An eight-story, residential Bedford-Stuyvesant building that recently broke ground has changed owners. Boaz Gilad’s development firm Brookland Capital acquired the formerly vacant site late last week.

Williamsburg-based Franklyn Estrella Architects unveiled renderings for the project at 689-691 Marcy Avenue, also referred to as 168 Kosciuszko Street, Brownstoner reported. Plans call for 41 units – either condominiums or rentals – as well as a 13-spot underground parking garage, 23 bicycle parking places and a storage room.

The project stalled under developer George Roth of Flushing, Queens-based 683 MARCY VAE REALTY LLC, who acquired the site for $750,000 in 2011 and demolished a two-story warehouse there the next year, as previously reported. [Brownstoner]Mark Maurer

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