Here’s the next residential building coming to Crown Heights

Project at 1515 Park Place would stand eight stories tall

A rendering of 1515 Park Place and the site in Crown Heights (Credit: S. Weider Architects and Google Maps)
A rendering of 1515 Park Place and the site in Crown Heights (Credit: S. Weider Architects and Google Maps)

Crown Heights is getting another new residential building.

JIH Builders filed permits with the Department of Buildings on Wednesday for an eight-story, 52-unit residential building in the neighborhood at 1515 Park Place. The building will span about 35,000 square feet and sit on a 60-foot-wide lot, where it will replace a two-story home. It will stand 84 feet tall.

The units will be market-rate rentals, and the building will include amenities like a gym and rooftop deck, according to JIH Builders CEO Isaac Hirsch. He hopes to start construction in October and finish by the end of 2019.

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The company bought the property in January for slightly more than $4 million. It is also working on projects at 223 Manhattan Avenue in Williamsburg, 560 Madison Street in Bedford-Stuyvesant and 223 Buffalo Avenue in Crown Heights.

Elsewhere in Crown Heights, All Year Management recently financed a rental building at 1040 Dean Street with a $55 million loan, and Isaac Hager’s Cornell Realty Management sold of a piece of its 565-unit residential development site.