Bushwick still bustling with construction activity

New York /
Aug.August 18, 2013 02:00 PM

Although many young renters are moving from Williamsburg and Bushwick into the more working-class neighborhood of Ridgewood, Queens, as The Real Deal reported in its August issue, Bushwick still remains active with residential construction projects seeking young renters, according to the New York Times.

For example, the Read Property Group has proposed to develop several rental buildings on a mostly vacant site where the Rheingold Brewery used to be. The project would add 977 apartments, retail space and a park to the area near Woodhull Medical Center.

Also, developer and Steiner Studios chairman Douglas Steiner plans to convert a former Conway store at 815 Broadway into 40 rental units.

In addition, Colony 1209, a 120-apartment rental building aimed at 20-somethings off the J train on DeKalb Avenue is expected to open this fall. Among the amenities promised at Colony 1209 include indoor bocce courts and a vintage arcade featuring games like Donkey Kong in order to deliberately entice younger renters. [NYT] – James Comtois


Related Articles

arrow_forward_ios
Mack Real Estate Group's Richard Mack and JPMorgan's Jamie Dimon with a rendering of 123 Melrose Street (Credit: Getty Images and ODA Architecture)

Yoel Goldman sews up long-term funds for Rheingold Brewery Project

Yoel Goldman sews up long-term funds for Rheingold Brewery Project
In the pandemic-stricken residential market, real estate agents are working with influencers to help expand their audiences (iStock; Instagram/huntervought; Instagram/homesteadbrooklyn)

Real estate agents turn to influencers to help sell a lifestyle — and apartments

Real estate agents turn to influencers to help sell a lifestyle — and apartments
“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments

“It took off like crazy”: How brokers use TikTok to rent apartments
532 West 22nd Street and Kate Winslet (Google Maps; Getty)

Kate Winslet letting go of Chelsea penthouse

Kate Winslet letting go of Chelsea penthouse
Gov. Andrew Cuomo (Getty, iStock)

Cuomo to ease requirements for rent relief

Cuomo to ease requirements for rent relief
A federal judge has rejected a lawsuit from a group of New York landlords that sought to challenge pandemic protections for tenants. (iStock)

Landlords lose challenge against pandemic renter protections

Landlords lose challenge against pandemic renter protections
Yue-Sai Kan and 6 Sutton Square (Getty; Google Maps)

Sutton Square townhouse listed by “China’s Oprah” for $28M

Sutton Square townhouse listed by “China’s Oprah” for $28M
President Donald Trump (Getty)

Realtor groups sue to block federal eviction ban

Realtor groups sue to block federal eviction ban
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...