Developer files plans for new 77-unit resi building in East New York

BK landlord Joel Schwartz filed plans for the 54K sf property

TRD New York /
Aug.August 09, 2017 05:35 PM

820 Glenmore Avenue (Credit: Google Maps)

A 54,000-square-foot residential building with 77 apartments is on its way to East New York.

Brooklyn landlord Joel Schwartz of South Side Associates filed plans for an eight-story project at 820 Glenmore Avenue with the city’s Department of Buildings on Wednesday. It would replace a one-story warehouse on a 12,000-square-foot lot.

An LLC connected to Joel Fried purchased the land in 2016 for approximately $1.2 million.

Schwartz did not respond to a request for comment.

Although it is unclear whether the building at 820 Glenmore Avenue will feature affordable or market-rate housing, virtually all recent major developments on their way to East New York have been affordable. These include a complex from Phipps Houses with 403 units at 3301 Atlantic Avenue and a 100-unit building from Alan Bell’s B&B Urban for 315 Linwood Street.


Related Articles

arrow_forward_ios
Vishaan Chakrabarti of Practice for Architecture and Urbanism and Hiten Samtani of The Real Deal (Getty)

Vishaan Chakrabarti on a Manhattan real estate market without private cars

Vishaan Chakrabarti on a Manhattan real estate market without private cars
Vishaan Chakrabarti of Practice for Architecture and Urbanism and Hiten Samtani of The Real Deal (Getty)

The REInterview: What if Manhattan had four Central Parks’ worth of land to play with?

The REInterview: What if Manhattan had four Central Parks’ worth of land to play with?
Social Construct CEO Ben Huh, The Real Deal's Hiten Samtani and Social Construct cofounder Michael Yarne

The REInterview: Social Construct’s founders on making multifamily construction an assembly line

The REInterview: Social Construct’s founders on making multifamily construction an assembly line
2870 Ocean Avenue in Sheepshead Bay (Google Maps)

Chetrit firm to acquire Sheepshead Bay development site

Chetrit firm to acquire Sheepshead Bay development site
Alexandria Real Estate Equities founder Joel Marcus and Alexandria Center for Life Sciences (Getty, Google Maps)

Life-sciences sector proves safe haven for landlords

Life-sciences sector proves safe haven for landlords
123 West 23rd Street and Adam Neumann (Google Maps; Getty Images)

Adam Neumann, Jeff Dagowitz get $75M refi for Chelsea dev site

Adam Neumann, Jeff Dagowitz get $75M refi for Chelsea dev site
22-15 31st Street (Google Maps)

Supermarket signals demise as Target eyes Astoria

Supermarket signals demise as Target eyes Astoria
270 Park Avenue (Google Maps; iStock)

City planning through a pandemic

City planning through a pandemic
arrow_forward_ios

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

Loading...