Developers add second building to
Broadway Triangle resi project

Project at former Pfizer property will be two buildings instead of one

New York /
May.May 30, 2017 03:50 PM

Developers Juda Klein and Abraham Brach have revised their plans for Brooklyn’s Broadway Triangle, opting for two separate residential buildings on the site instead of one 41-unit property.

Klein, who heads Parkview Management, bought the last remaining lot of Pfizer’s Broadway Triangle site with a group of investors led by Brach in January for $27.5 million. Parkview then filed plans in March to build a roughly 100,000-square-foot, seven-story building with 41 residential units on the former site of Pfizer’s headquarters at 58 Gerry Street.

However, the development team now plans to construct two buildings on the site instead of one, essentially splitting their original plans in half, according to Ben Frances of Parkview Management.

Klein filed plans with the city for one of those buildings on Tuesday, a new permit application shows. The mixed-use property would include 3,632 square feet of commercial space and 18 residential units across 37,392 square feet of residential space. The building would span 41,024 square feet in total, and Parkview plans to break ground on it soon.

Although Frances had previously described the development to The Real Deal as “upscale religious housing” for the Orthodox Jewish community, in an interview on Tuesday, he stressed that the project would not just be for members of one group.

“I don’t want to leave anyone out. It’s meant for whoever lives in the area, really,” Frances said. “I don’t want to specify Jewish housing or anything like that.”


Related Articles

arrow_forward_ios
D&F Development Group’s Peter Florey and the development site at the northwest corner of Pulaski and Elwood Roads in East Northport (D&F Development Group, Google Maps)
Four decades in making, East Northport project clears key hurdle
Four decades in making, East Northport project clears key hurdle
From left: Century Development's Group’s George Xu and City/Rybak Development’s Sergey Rybak with 78-29 Austin St./11-36 45 Road
Rybak, Century file to build Queens multifamily projects
Rybak, Century file to build Queens multifamily projects
ZappiCo's Jim Zappi and Pocantico Lake (ZappiCo Real Estate Development, Google Maps)
Developer wants 29 waterfront homes; Nimbys want none
Developer wants 29 waterfront homes; Nimbys want none
Miki Naftali with 215 West 84th Street (Getty, Corcoran)
Naftali takes hit in battle with UWS holdout
Naftali takes hit in battle with UWS holdout
CW Realty's Cheskie Weisz and an aerial of the development site at 296 4th Avenue, 288 4th Avenue, 21 Denton Place (CW Realty, Google Maps)
Cheskie Weisz plans 200 Gowanus apartments
Cheskie Weisz plans 200 Gowanus apartments
Boston Properties CEO Owen Thomas and 343 Madison Avenue (Boston Properties, Getty Images)
Boston Properties plans 1M sf tower at ex-MTA HQ
Boston Properties plans 1M sf tower at ex-MTA HQ
1591 Alps Road in Wayne, NJ and March Associates Construction president Louis March (Google Maps, Getty, March Associates)
From funeral home to strip mall
From funeral home to strip mall
 SL Green’s Marc Holliday with 450 Park Avenue  (Taconic Partners, SL Green)
TRD Pro: Here are NYC’s biggest offices sales of Q2
TRD Pro: Here are NYC’s biggest offices sales of Q2
arrow_forward_ios

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

Loading...