Jay Group planning 49-unit building in Prospect Park South

Project at 1694 Church Avenue would also include 7K sf of commercial space

New York /
Aug.August 31, 2018 05:30 PM

1694 Church Avenue (Credit: Google Maps)

Joel Kohn’s Jay Group is planning a 49-unit mixed-use building in Prospect Park South.

The eight-story building at 1694 Church Avenue will stand 84 feet tall and span about 41,000 square feet, split between 34,000 square feet of residential space and 7,000 square feet of commercial space, according to plans filed Friday with the Department of Buildings.

The site is currently home to a one-story 99-cent store, and demolition permits were filed for it last June.

Kohn did not respond to a request for comment.

The Jay Group purchased a five-building portfolio in Harlem earlier this summer at 54-62 West 125th Street for $26.5 million from Ares Management.

Developer Bentley Zhao is planning a 115-unit project nearby at 222 East 21st Street that would span about 82,000 square feet.


Related Articles

arrow_forward_ios
CMBS issuance is set to break Great Financial Crisis record, report
CMBS set to break Financial Crisis record
CMBS set to break Financial Crisis record
Aby Rosen dodges liability at Gramercy Park Hotel
Aby Rosen dodges liability at Gramercy Park Hotel
Aby Rosen dodges liability at Gramercy Park Hotel
NYCB CEO Thomas Cangemi (Getty, Cangemi)
NYCB says multifamily loans in good shape, not endangered by rent law
NYCB says multifamily loans in good shape, not endangered by rent law
2 N Lasalle Street & 200 W Jackson Boulevard in Chicago (us.jll.com, hearncompany.com)
NY’s Foundation Capital, Nightingale aim to buy Loop office towers
NY’s Foundation Capital, Nightingale aim to buy Loop office towers
Padel (it’s a sport!) club to open in Brooklyn warehouse
Padel (it’s a sport!) club to open in Brooklyn warehouse
Padel (it’s a sport!) club to open in Brooklyn warehouse
Food52 CEO Amanda Hesser, Rudin Management president Eric Rudin and 1 Dock 72 Way in Brooklyn (Getty, Rudin)
Rudin’s Dock 72 notches Food52 as second tenant
Rudin’s Dock 72 notches Food52 as second tenant
Will 10 new towers pay for Penn Station?
MTA chair: 10 new towers may not fund Penn Station expansion
MTA chair: 10 new towers may not fund Penn Station expansion
Landlords who lease to ESG outcasts face new stigma
Moral hazard: Landlords face new scrutiny about tenant mix
Moral hazard: Landlords face new scrutiny about tenant mix
arrow_forward_ios

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

Loading...