Since the Pulaski Bridge’s two-way protected bikeway officially opened on Friday, real estate values in Greenpoint are likely to see an increase. And at the foot of the bridge’s Brooklyn side, a pair of well-positioned buildings are underway, ready to take advantage of the new and improved connection to Long Island City and its G-train free access to Manhattan. The duo uniquely spans three narrow lots along the western side of McGuinness Boulevard between Green and Eagle Streets, near where the bridge begins its rise above street level.
Over the next decade, Brooklyn’s Atlantic Avenue will likely continue its transformation from high-speed deathtrap to high-density residential boulevard. With more than a dozen projects already taking shape near its western extents, such as the 16-tower Pacific Park project, Cobble Hill’s LICH redevelopment, and a pair of towers at Brooklyn Bridge Park, it’s not difficult to imagine infill developments progressing eastward, rising from the acres of underutilized land along the ten-mile artery. And in East New York, the City Council just approved a rezoning of the neighborhood that allows for 10- to 14-story apartment blocks to rise along Atlantic Avenue.
Within Downtown Brooklyn‘s detached island of urbanity between the Manhattan Bridge on-ramp and the Brooklyn-Queens Expressway, local architecture firm StudiosC has designed a modestly scaled, ground-up condominium at the corner of Bridge and Nassau Streets. Re-approved plans filed by the architect of record Karl Fischer detail an eight-story building with 12,000 square feet of gross floor area.
The formerly semi-industrial pocket between Clinton Hill and Bedford-Stuyvesant is among the most radically transformed areas of northern Brooklyn. In line with the voracious residential activity circling Pratt Institute, an 81-unit, five-story residential building has topped off at 10 Lexington Avenue. It will be known as Lexington Greene and is being developed by Williamsburg-based investor Joseph Brunner, who filed permits under the LLC 10 Lex Holdings in mid 2014. The development replaces a one-story cleaning and dyeing factory–home to the Colonial Laundry Company–that Brunner picked up in 2012 for $6,175,000.