Posted Jun 20, 2017, 11:38 PM
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NYC/NJ/Miami-Dade
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Join Date: Jul 2013
Location: Great State of NJ
Posts: 49,295
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NEW YORK | 50 Nevins Street (Conversion)| FT | 8 FLOORS
Project: 50 Nevins Street (Conversion)
Quote:
Downtown Brooklyn is a hotbed for major new developments, with sites like 9 DeKalb Avenue set to sprout supertall towers in the near future. But smaller opportunities for positive transformations still abound within the myriad of older structures that compose the bulk of the neighborhood’s urban fabric, and one such opportunity is located at 50 Nevins Street, which is set for a redevelopment and expansion by the Institute for Community Living.
The existing eight-story building measures just shy of 70,000 gross square feet, and hosts a 150-room SRO community facility, licensed by the New York State Office of Mental Health. The building also includes an adjacent 10-space parking lot on approximately 4,000 square feet that would be part of the redevelopment.
New plans for the site would expand the building’s total area to just shy of 104,000 square feet in total, and convert the 150-room SRO facility to 120 units of supportive and affordable housing. The project would also include commercial space slightly exceeding 4,000 square feet along its base, which is perhaps the bigger positive change promised by the plans.
[...]
Pending city approvals, completion is anticipated for 2019.
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