Here are the details on Largo’s development in Williamsburg

The planned property will contain 30 apartments

New York /
Jul.July 24, 2018 01:00 PM

Michael Zampetti and 215 North 10th Street (Credit: Google Maps)

Largo Investments is looking to build a 64,700-square-foot residential and office building in Williamsburg.

The company filed permits for a six-story property at 215 North 10th Street, between Driggs Avenue and Roebling Street. The planned structure, which will be built just a few blocks from McCarren Park, is expected to have 32,800 square feet of residential space divided between 30 apartments. The property will also contain 32,000 square feet of commercial space, with offices located on the bottom three floors.

The Nissim Ben-Nun and Nicholas Werner-led firm closed on its $25 million acquisition of the building last March. At the time of the purchase, the firm disclosed that they planned to build condos.

Largo is a frequent collaborator of Michael Stern‘s JDS Development Group. The two companies jointly own a portfolio that includes the American Copper Buildings, a pair of rental buildings on East 36th Street near the East River and the Fitzroy condominium in Chelsea.

The proposed property will replace a one-story industrial building. Largo filed demolition permits for the site last December. The firm did not immediately respond to requests for comment.


Related Articles

arrow_forward_ios
Spending outpaced foot traffic because shoppers purchased at the stores they did visit (Getty)

Retail foot traffic tanks on Black Friday

Retail foot traffic tanks on Black Friday
Airbnb CEO Brian Chesky (Getty; iStock)

Airbnb targets as much as $33B valuation for IPO

Airbnb targets as much as $33B valuation for IPO
Former J. Crew CEO Mickey Drexler and 760 N Walnut Ave, Ketchum (Getty; Realtor)

Former J. Crew CEO Mickey Drexler sells Idaho estate

Former J. Crew CEO Mickey Drexler sells Idaho estate
Singapore (iStock)

Singapore luxury market rebounds despite fewer foreign buyers

Singapore luxury market rebounds despite fewer foreign buyers
The tax break allows foreign visitors to reclaim a sales tax of 20 percent on items bought in the country for more than £30 (Getty; Unsplash)

UK tax break expiration could hurt struggling retailers

UK tax break expiration could hurt struggling retailers
Istanye Park in Istanbul (Photo via Wikipedia Commons)

Turkish mall valued at $1B in deal with Qatar

Turkish mall valued at $1B in deal with Qatar
258 8th Avenue (Google, Target)

Target planning yet another NYC store in Chelsea

Target planning yet another NYC store in Chelsea
Churchill Real Estate's Justin Ehrlich and 381 Broadway (Google Maps)

Two-year Tribeca foreclosure saga continues with lawsuit over $20M

Two-year Tribeca foreclosure saga continues with lawsuit over $20M
arrow_forward_ios

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

Loading...