Happy Living to convert Prospect Heights rectory into 88-unit resi complex

The planned five-story building will be built on the grounds of the Co-Cathedral of St. Joseph

New York /
Jun.June 04, 2018 06:39 PM

832 Pacific Street in Brooklyn

Happy Living Development is looking to convert a Prospect Heights rectory into a residential complex.

The firm, headed by Levi Balkany, pre-filed permits for a five-story mixed-use building at 834 Pacific Street. Plans call for a 90,000-square-foot property with 69,000 square feet of residential space divided between 88 apartments. The building will also contain 20,000 square feet of community facility space. Planned amenities include a tenant gym and a storage area. It will also have a doctor’s office at the basement.

The proposed structure will replace a three-story building that sits within the grounds of Co-Cathedral of St. Joseph. The property was previously the subject of a legal dispute between the Catholic Church and developer Mike Kohn.  The church terminated Kohn’s 99-year leasehold interest in the property in 2017. This resulted in a lawsuit, with Kohn attempting to prevent the church from nullifying the agreement. The church filed a termination of lease in April.

This is not the first time that Happy Living will convert a place of worship into a secular structure. In 2016, the firm filed permits to turn the former home of the Morning Star Pentecostal Church in Harlem into an 11-story building with 46 apartments.

Happy Living also recently acquired a distressed Harlem asset that once belonged to Hans Futterman.  The property, at 300 West 122nd Street, was for years the planned site of 12-story, 127-unit residential complex.  Happy Living bought the property from RWN Real Estate Partners for around $70 million.


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
A photo illustration of One John Street (left) and 79 Second Place (right) in Brooklyn (Douglas Elliman, Front Inc., Getty Images)
Townhouse at 79 Second Place finishes first in BK luxury contracts
Townhouse at 79 Second Place finishes first in BK luxury contracts
The Chetrit Group's Joseph Chetrit and Park West Village on the Upper West Side (Getty Images, Google Maps)
Chetrit, Stellar land $365M refi for UWS luxury apartment complex
Chetrit, Stellar land $365M refi for UWS luxury apartment complex
565 Broome Street, Heat Wave
Manhattan’s luxury market records slowest week since 2020
Manhattan’s luxury market records slowest week since 2020
Bruce Teitelbaum, 106 West 145th Street and Al Sharpton (Getty, Google Maps)
Teitelbaum slaps Sharpton with legal notice at Harlem HQ
Teitelbaum slaps Sharpton with legal notice at Harlem HQ
Corcoran’s Catherine Juracich and Official’s Tal Alexander with 22 Bond Street (Getty, Alexander Brothers, BKSK Architects)
Shake-up at 22 Bond: Corcoran in, Tal Alexander out at NoHo condo
Shake-up at 22 Bond: Corcoran in, Tal Alexander out at NoHo condo
arrow_forward_ios

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

Loading...