Rabsky Group filed plans for a 104-room Hotel On Bedford Avenue in South Williamsburg – the first hotel project for the prolific Brooklyn developer.
The company, led by Simon Dushinsky and Isaac Rabinowitz, plans to build an 11-story property spanning roughly 155,000 square feet on the site at 361 Bedford Avenue, which is currently the site of a small parking lot, according to an application filed with city Department of Buildings Wednesday.
A spokesperson for the company was not immediately available for comment.
Rabsky [TRDataCustom] began assembling the site in 2014 when it bought the property at 359 Bedford Avenue between South 4th and 5th streets for $800,000. The next year, the company bought the property further down the block at 353 Bedford Avenue for $2.5 million. The developer filed plans to demolish the 3-story building at 359 Bedford Avenue.
Rabsky continued to acquire development rights on the block through an assemblage that included more than 10 tax lots.
The developer became one of the most active firms in Brooklyn by building rentals and condos in the northern section of the borough, but has recently branched out into commercial development.
Last week, the company closed on the $68 million purchase of a development site in Downtown Brooklyn that, combined with a neighboring property the company already owns, allows it to build a skyscraper as large as 770,000 square feet, as The Real Deal first reported.
(To view a chart of condo filings in Brooklyn over the last ten years, click here)