Bankruptcy Sale

Total Page:16

File Type:pdf, Size:1020Kb

Bankruptcy Sale BANKRUPTCY SALE 13 BUILDING PORTFOLIO Williamsburg | Bushwick | Bed-Stuy | GreenwoodOffering MemorandumHts | 1 Brooklyn, NY INVESTMENT SALES TEAM INVESTMENT SALES TEAM Aaron Jungreis Founder and CEO Direct: 212-359-9901 Cell: 516-852-1342 [email protected] Greg Corbin President, Bankruptcy and Restructuring Direct: 212.359.9904 Cell: 917.406.0406 [email protected] Chaya Milworn Senior Director Direct: 212.359.9936 Cell: 917.804.7458 [email protected] Shaun Rose Director Direct: 212.359.9926 Cell: 917.523.7656 [email protected] Benjamin Sklar Associate Direct: 212.359.9925 Cell: 713.301.1576 [email protected] William Tavoulareas Head Analyst Direct: 212.359.9923 Cell: 561.212.5555 [email protected] Joel Nematzadeh Marketing Manager Direct: 212-359-9903 Cell: 516-884-5632 [email protected] Joshua Rashtian Analyst Direct: 212.359.9907 Cell: 516.606.0392 [email protected] Rosewood Realty Group 38 East 29th Street, 5th Floor New York, NY 10016 4 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 5 TABLE OF CONTENTS PORTFOLIO OVERVIEW ....................8 THE PROPERTIES ............................17 Williamsburg Properties ........................... 21 92 South 4th Street .................................. 24 834 Metropolitan Avenue ......................... 28 Williamsburg New Contruction ................ 32 Williamsburg Retail ................................... 38 Bushwick Properties ................................. 40 1125-1133 Greene Avenue ...................... 44 53 Stanhope Street ................................... 48 1213 Jefferson Avenue ............................. 52 Bedford-Stuyvesant Properties ................. 56 568 Willoughby Avenue ........................... 60 618 Lafayette Avenue ............................... 66 325 Franklin Avenue ................................. 70 Greenwood Heights Property .................. 74 263 18th Street ......................................... 78 Brooklyn New Contruction ....................... 82 Brooklyn New Contruction ....................... 88 CONTACT INFO ..............................92 6 6 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 7 BANKRUPTCYBANKRUPTCY SALE SALE PORTFOLIO OVERVIEW BUILDING�3 P ORTFOLIO BROOKLYN, NY 8 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 9 EXECUTIVE SUMMARY Rosewood Realty Group is pleased to present a portfolio of walk-up apartment buildings in a few of Brooklyn’s most transformed neighborhoods, including Williamsburg, Bedford-Stuyvesant, Bushwick & Greenwood Heights. The portfolio consists of 13 buildings totaling 40 apartments and 1 commercial unit, spanning 34,483 SF, with over 19,000 SF of air rights. The properties benefit from some operating efficiencies that include but are not limited to free market rents & favorable tax classes that result in very strong operating ratios. They are located in desirable Brooklyn residential neighborhoods that are in strong demand and as such command high rental rates. Further, there is a bundle of five buildings within the portfolio that are contiguous, allowing for managerial efficiencies. The North Brooklyn market has been experiencing population growth in recent years as development has continued and the work & play lifestyle has taken a foothold. There has been a spike in deliveries of office space in the market in recent years with more in the pipeline, resulting in growth in rental demand from such workers. When such a trend is coupled with the already dominant characteristics that have led to the market’s prominence, the future trend remains positive. 10 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 11 Property Details 12 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 13 PROPERTY DETAILS Lot Building Year Tax R.E. Taxes Address Block/Lot Neighborhood Stories Residential Commercial Zoning Air Rights Dimensions SF Built Class Tentative (21/22) 325 Franklin Avenue 01954-0004 Bedford-Stuyvesant 30 ft x 82.5 ft 4,050 3 4 1 R6A, C2-4 1968 2A 3,366 $11,885 53 Stanhope Street 03254-72 Bushwick 25 ft x 100 ft 1,848 2 2 0 R6 1901 1 4,225 $2,306 M1-2/R6, 02443-0010 Williamsburg 23 ft x 100 ft 4,140 3 3 0 1899 1 1,449 $8,994 92 South 4th Street MX-8 618 Lafayette Avenue 01789-0022 Bedford-Stuyvesant 18.75 ft x 100 ft 1,944 3 4 0 R6B 1931 2A 1,800 $4,303 834 Metropolitan Ave- 02916-0017 Williamsburg 25 ft x 100 ft 2,136 3 3 0 R6B, C2-4 1910 1 2,875 $5,129 nue 03285-1, 93, 1125-1133 Greene Ave- Bushwick 50 ft x 100 ft 10,975 3 10 0 R6 2013 1 1,176 $39,165 nue 92, 91 & 90 1213 Jefferson Avenue 03382-0048 Bushwick 20 ft x 100 ft 2,250 2 3 0 R6 1905 1 2,600 $4,887 568 Willoughby Ave- 01767-0034 Bedford-Stuyvesant 20 ft x 100 ft 4,290 4 6 0 R6B 1899 2A $9,000 nue 263 18th Street 00443-0071 Carroll Gardens 20 ft x 97.83 ft 2,267 2 5 0 R6B 1901 1 1,644 $6,733 Total 33,900 SF 40 Units 1 Units 19,135 SF $92,402 14 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 15 BANKRUPTCYBANKRUPTCY SALE SALE THE PROPERTIES BUILDING�3 P ORTFOLIO BROOKLYN, NY 16 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 17 PORTFOLIO FINANCIAL ROLLUP Effective Gross Operating Net Operating Address Income Expenses Income 325 Franklin Ave 130,211 37,657 92,554 53 Stanhope St 61,104 13,711 47,393 92 South 4th St 121,410 31,937 89,473 618 Lafayette Ave 107,445 26,801 80,644 834 Metropolitan Ave 166,440 33,787 132,653 1125-1133 Greene Ave 376,485 128,521 247,964 1213 Jefferson Ave 102,315 28,419 73,896 568 Willoughby Ave 156,180 58,923 97,257 263 18th St 130,245 35,145 95,100 Total $1,351,835 $394,900 $956,934 18 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 19 ABOUT BROOKLYN BANKRUPTCYBANKRUPTCY SALE SALE WILLIAMSBURG PROPERTIES BUILDING�3 P ORTFOLIO BROOKLYN, NY 20 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 21 WILLIAMSBURG The subject is located in the Williamsburg neighborhood of borough of Brooklyn, New York City. Brooklyn is the largest of the five boroughs of New York City in terms of population, with a population of approximately 2.6 million people. The land area of the borough is 73 square miles. If Brooklyn were its own city, it would be the fourth largest city in the country. Williamsburg is in northern Brooklyn and is generally bounded by the neighborhoods of Greenpoint to the north, Bushwick and Maspeth, Queens to the east, and Clinton Hill and Bedford-Stuyvesant to the south. Williamsburg is bordered to the west by the East River. Williamsburg is located immediately across the East River from the Lower East Side in Manhattan. The area has direct vehicle access to Manhattan via the Williamsburg Bridge and direct subway access via the L train. Williamsburg consists of three distinct areas: Northside, Southside, and South Williamsburg. Starting in the early 1980’s, artists looking for relief from rising rents in the East Village and Lower East Side took advantage of the inexpensive vacant loft spaces left vacant by former factories and warehouses in Williamsburg. For several years, the burgeoning artist population moved into the area, settling predominantly in the Northside neighborhood. Eventually, with escalating housing costs throughout the city, the area became more inviting to Manhattanites who sought rents that were less expensive than in Manhattan in an increasingly desirable area. Artists and young professionals soon absorbed most of the area’s loft buildings, which were converted to residential uses. Over the past 20 years, Williamsburg became one of New York City’s most active locations for residential rental and condominium developments as the neighborhood gentrified and became a popularalternative to Manhattan for young professionals. After significant new development in the early and mid-2000s, projects stalled in 2008 or 2009 during the recession. However, by 2010 significant new development in the neighborhood started again, and the market has rebounded strongly from the lows of 2009. 22 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 23 92 South 4th Street, Brooklyn, NY 11211 EXPENSES Revenue Residential $127,800.00 Vacancy & Collection Loss (5%) $(6,390.00) Effective Gross Income $121,410.00 Operating Expenses R.E. Taxes Tentative (21/22) $8,994.00 Water & Sewer $1,480.76 Fuel $3,000.00 Electric $750.00 Insurance $1,650.00 Repairs, Maintenance, & Misc. $5,435.13 Cleaning $5,074.66 Payroll $1,910.32 Management Fee (3%) $3,642.30 Block/Lot 02443-0010 Total Expenses $31,937.17 Neighborhood Williamsburg Net Operating Income $89,472.83 Lot Dimensions 23 ft x 100 ft Building SF 4,140 Stories 3 RENT ROLL Residential 3 Tenant Unit Type Monthly Annual Commercial 0 Rachel Mann, Arielle Mann 1 Residential 3,050 36,600 Zoning M1-2/R6, MX-8 Salem, Carrie 2 Residential 3,700 44,400 Year Built 1899 Occupied 3 Residential 3,900 46,800 Tax Class 1 Air Rights 1,449 TOTAL 10,650 127,800 R.E. Taxes Tentative (21/22) $8,994 24 | 13 Building Portfolio, Brooklyn, NY 92 South 4th Street, Brooklyn, NY 11211 LOCATION MAP ZONING MAP Bedford Ave N 10th St Station N 9th St Frost St Metropolitan Ave N 7th St N 3rd St N 8th St Withers St N 4th St N 5th St East River N 1st St Roebling St Havemeyer St S 1st St N 6th St WILLIAMSBURG Kent Ave Wythe Ave Metropolitan Ave River St Station Williamsburg Brg Hope St Grand St Ainslie St Berry St S 5th St Union Ave Bedford Ave ¦¨§278 Driggs Ave Hope St S 4th St RoeblingS St2nd St S 3rd St Grand St Marcy Ave S 6th St S 4th St S 5th St ¦¨§278 Havemeyer St Borinquen Pl Broadway S 1st St S 2nd St Rodney St S 8th St S 5th St Keap St Hooper St S 3rd St Bedford Ave Marcy Ave S 4th St S 9th St Station S 5th St S 10th St Driggs Ave Roebling St Hewes St BIRDS-EYE-VIEW TAX MAP S 4TH ST BERRY ST 26 | 13 Building Portfolio, Brooklyn, NY Offering Memorandum | 27 834 Metropolitan Avenue, Brooklyn, NY 11211 EXPENSES Revenue Residential $175,200.00 Vacancy & Collection Loss (5%) $(8,760.00) Effective Gross Income $166,440.00 Operating Expenses R.E.
Recommended publications
  • Rosin &Associates
    BROOKLYN BRIDGE PARK ASSESSMENT ANALYSIS AS OF FEBRUARY 9, 2016 FOR MR. MARTIN HALE PEOPLE FOR GREEN SPACE FOUNDATION INC. 271 CADMAN PLAZA EAST STE 1 PO BOX 22537 BROOKLYN, NY 11201 BY ROSIN & ASSOCIATES 29 WEST 17TH STREET, 2ND FLOOR NEW YORK, NY 10011 DATE OF REPORT: FEBRUARY 9, 2016 © ROSIN & ASSOCIATES 2016 29 West 17th Street, 2nd Floor ROSIN & ASSOCIATES New York, New York 10011 Tel: (212) 726-9090 Valuation & Advisory Services February 9, 2016 Mr. Martin Hale People For Green Space Foundation Inc. 271 Cadman Plaza East Ste 1 PO Box 22537 Brooklyn, NY 11201 Re: Brooklyn Bridge Park Assessment Analysis Dear Mr. Hale, As requested, we have reviewed the following in order to determine the plausibility of the parameters set forth therein: 1. “Financial Model Update: Public Presentation” presented to the public by Brooklyn Bridge Park Corporation (BBPC) report for Brooklyn Bridge on dated July 9, 2015. 2. Analysis of Brooklyn Bridge Park completed by Barbara Byrne Denham, titled “Report on Brooklyn Bridge Park’s Financial Model” dated July 2015. Rosin & Associates was hired to perform a market analysis of Brooklyn Bridge Park and the surrounding areas in order to determine if the market supports the BBPC model’s assessment base, which features in the Denham Analysis as well as Denham’s own research set forth in her report. It has been a pleasure to assist you in the assignment. If you have any questions concerning the analysis, or if Rosin & Associates can be of further service, please contact us at (212) 726-9090. Respectfully submitted,
    [Show full text]
  • Public Design Commission Conceptual Presentation on Open
    PUBLIC DESIGN COMMISSION FINAL REVIEW JANUARY 19, 2021 WILLOUGHBY SQUARE OPEN SPACE NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION HARGREAVES JONES LANDSCAPE ARCHITECTURE GARRISON ARCHITECTS // DELTA FOUNTAINS // TILLETT LIGHTING LANGAN // WESLER-COHEN ASSOCIATES // PAUL COWIE & ASSOCIATES // CRAUL LAND SCIENTIST NORTHERN DESIGN // SITEWORKS // MILROSE CONSULTANTS THE ORATORY CHURCH OF ST 4 METROTECH CENTER DELI BONIFACE CHURCH (1ST FL) (JP MORGAN CHASE & CO) FLATBUSH AVENUE BROOKLYN BROOKLYN SAVANNA DEVELOPMENT (141 WILLOUGHBY STREET) Manhattan New Jersey WILLOUGHBY WILLOUGHBY STREET SQUARE Brooklyn AVA DOBRO Staten Island BROOKLYN POINT MIXED USE - RESIDENTIAL/COMMERCIAL BRIDGE STREET DUFFIELD STREET ALOT WILLOUGHBY FLATBUSH AVENUE GOLD STREET / ALBEE SQUARE (W HOTELS) SQUARE CITY NTS East Brooklyn SHERATON Bridge BROOKLYN River Park Cadman Navy Plaza Flatbush Ave Ext Yard Flushing Ave Clark St Cadman Plaza W Commodore Barry Park 227 DUFFIELD 230 DUFFIELD ST STREET Pierrepont St Brooklyn-Queens Expwy Tillary St (TOWNHOUSE) Johnson St HOTEL INDIGO CITY POINT (299 DUFFIELD STREET) (7 DEKALB AVENUE) Henry St Myrtle Ave Clinton St Ft Greene Gold St Duffield St Bridge St Willoughby St Park OFFERMAN Vanderbilt Ave ONE WILLOUGHBY SQUARE WILLOUGHBY Bklyn BUILDING MIXED USE - SCHOOL/OFFICE Fulton St Long Island Hospital SQUARE University Center Dekalb Ave Adams St Smith St BRIQ Hoyt St (237 DUFFIELD STREET) Bond St Atlantic St Nevins St THE AZURE (436 ALBEE SQUARE) Brooklyn-Queens Expwy NEIGHBORHOOD 1000’ SITE N RESIDENTIAL MIXED-USE SCALE: NTS
    [Show full text]
  • Eric L. Adams'
    Borough President Adams joined the family of the late Dr. John Elefterakis and community leaders in cutting the ribbon for the dedication of Dr. John’s Playground in his memory across from PS 277 LATEST INITIATIVES Gerritsen Beach School in Gerritsen Beach. On Thursday, May 3rd, Borough President Adams fully publicly-financed municipal elections. Council would display information online for both the tenant and Photo Credit: Erica Sherman/Brooklyn BP’s Oce announced the impact of his $1 million capital budget Member Albanese has campaigned across New York City for owner to view freely. In response to the legislation’s investment in Fiscal Year 2019 (FY19) of PB, a democratic a more robust public financing system, and Borough introduction, which he originally called for in 2016, Borough process in which local residents directly decide how to President Adams armed that this would be his priority on President Adams stated, “take it from The New York Times’ spend part of a public budget, which increased the number the new commission in testimony he submitted in March to own words yesterday: there is an eviction machine churning of community-driven projects funded in council districts the City Council’s Committee on Governmental its way through New York City. We’ve been playing catch up that encompass more than 60 percent of Brooklyn. Tens of Operations. Rather than New York City’s existing limited to these bad actors because we’ve been using an abacus in an thousands of Brooklyn residents cast ballots at locations matching funds system, Borough President Adams advocat- iPhone era.
    [Show full text]
  • Draft EIS ECF 80 Flatbush Avenue Part 4
    WILLOUGHBY STFLEET PL 2/5/2018 FLEET ST Fort Greene University Park Place FLATBUSH AVE EXTENSION DE KALB AVE HUDSON AVE Albee Square SOUTH PORTLAND AVE ASHLAND PL BOND ST SOUTH ELLIOTT PL HANOVER PL GROVE PL 230 Ashland Place POPS FULTON ST LIVINGSTON ST ST FELIX ST ROCKWELL PL Theatre for a New Audience Fowler Square VE TTE A FAYE Rockwell Place Bears LA SCHERMERHORN ST Community Garden Seating Sixteen Sycamores Area 2 Playground 300 Ashland Place Plaza FT GREENE PL STATE ST NEVINS ST FLATBUSH AVE HANSON PL North Pacific Plgd ATLANTIC AVE 3 AVE Atlantic PACIFIC ST Terminal Mall Plaza Barclay's Center DEAN ST Plaza 4 AVE E V A 5 BERGEN ST WYCKOFF ST Greenstreet Wykoff ST MARK'S PL Gardens Open Space Project Site 0 400 FEET Traffic Analysis Location Traffic Analysis Locations ECF 80 FLATBUSH AVENUE Figure 11-4 Chapter 11: Transportation Table 11-8 Traffic Level 2 Screening Analysis Results—Analysis Locations Incremental Vehicle Trips (Weekday) Intersection AM Midday PM Analysis Locations Fulton Street and DeKalb Avenue 0 0 0 Livingston Street and Bond Street 4 1 4 Schermerhorn Street and Bond Street 35 9 23 Flatbush Avenue and DeKalb Avenue 57 14 57 ✓ Flatbush Avenue and Fulton Street 72 19 92 ✓ Flatbush Avenue and Nevins Street 37 9 52 Livingston Street and Nevins Street 30 6 32 Schermerhorn Street and Nevins Street 61 13 51 ✓ State Street and Nevins Street 51 8 49 ✓ Atlantic Avenue and Nevins Street 32 7 36 Pacific Street and Nevins Street 10 0 7 DeKalb Avenue and Hudson Avenue 6 0 1 Hudson Avenue and Fulton Street 35 13 58 Flatbush
    [Show full text]
  • Find Dandelion Yellow Giveaway Packs at These Stores
    find Dandelion Yellow giveaway packs at these stores Store Name Address City Zip-code Phone No Store Name Address City Zip-code Phone No Aberdeen 3316 7th Ave SE Birmingham 35226 (205) 747-1654 Latham 675 Troy Madison 35758 (256) 690-5890 Abilene 3710 Ridgemont Dr Birmingham 35235 (205) 655-6950 Schenectady Rd Green 762 Arlington Rdg Birmingham 35242 (205) 408-7687 East Greenbush 625 3rd Ave Ext Mobile 36695 (251) 607-0265 Cuyahoga Falls 449 Howe Ave Decatur 35601 (256) 898-3036 Saratoga Springs 3031 Route 50 Montgomery 36117 (334) 356-6265 Macedonia 8282 Golden Link Blvd Dothan 36303 (334) 340-1112 Niskayuna 428 Balltown Rd Opelika 36801 (334) 705-0152 Stow 4200 Kent Rd Florence 35630 (256) 764-6924 Glenville 204 Saratoga Rd Oxford 36203 (256) 231-2900 ALABAMA ALABAMA Albany 2255 14th Ave SE Homewood 35209 (205) 994-7531 Albuquerque 8510 Montgomery Tuscaloosa 35404 (205) 462-1064 Wyoming Blvd NE Clifton Park 26 Crossing Blvd Huntsville 35802 (256) 650-3491 Colonie Northway 1440 Central Ave Huntsville 35806 (256) 922-0189 Anchorage NE 1200 N Muldoon Anchorage 99504 (907) 269-2100 Wasilla 1801 E Parks Hwy Wasilla 99654 (907) 631-7200 Rd Ste F Anchorage South 150 W 100th Anchorage 99515 (907) 267-7500 Ave Ste A ALASKA ALASKA Chandler West 3425 W Frye Rd Chandler 85226 (480) 281-0007 South Mountain 2140 E Baseline Rd Phoenix 85042 (602) 281-1119 Santan Deer Valley 16806 N 7th St Phoenix 85022 (602) 794-3601 Chandler South 3777 S ARIZONA AVE Chandler 85248 (480) 612-6101 Phoenix Spectrum 5715 N 19th Ave Phoenix 85015 (602) 308-3604 Flagstaff
    [Show full text]
  • A Specific Look Into Downtown Brooklyn's Albee Square Daniel Cartagena
    A specific look into Downtown Brooklyn’s Albee Square Daniel Cartagena Dekalb Market When driving along Flatbush ave one couldn’t help but notice these colored shipping containers stacked upon one another with the words Dekalb Market painted on them. Along with the colorful striped fencing the site made quite an impression. Upon entry one was engulfed into a space that felt alienat- ed from the standard vernacular of New York City. The space was designed as a courtyard that had been surrounded with containers that were had been retrofitted to have windows and doors to create a storefront vernacular. The stores were eclectic and varied from jewelry to clothing and even art. At one end there was equality. The site itself is called Albee Square, the more retail style storefronts but at the oth- it was named after Edward Franklin Albee. Al- er one would find an array of picnic tables and bee was a theatrical manager who, as the gen- food sellers that were all organic and healthy eral manager of the Keith-Albee theatre circuit, using the garden integrated in the site for was the most influential person in vaudeville their needs as well as to show, those interest- in the United States. Albee was president of ed, in how to cultivate and harvest in the city. the United Bookings Office from its forma- Dekalb Market was born out of two key issues; tion in 1900. In 1916 he organized a union, it is a large space in Downtown Brooklyn that the National Vaudeville Artists, thus gaining a has always been at the center of contestation near monopoly on both talent and production and its created a struggle between power and in U.S.
    [Show full text]
  • USA | Canada Reference Projects
    USA | Canada Reference Projects One Vanderbilt. New York. KPF Architects 1 Tvitec in the USA & Canada | Projects 2020 Contents United States & Canada MIDTOWN CENTER. 4 BROOKFIELD PLACE CALGARY 34 Reference Projects 2020 ONE MANHATTAN WEST 8 ONE SOUTH FIRST 37 VIRGIN HOTEL NEW YORK 12 ROCKEFELLER UNIVERSITY 38 Tvitec System Glass is an international glass manufacturer which after ten years of activity has become the first Spanish architectural glass HUNTER’S POINT 13 SURF CLUB. MIAMI FOUR SEASONS 40 transformer. The company and its 500 employees have developed into the world’s technology an innovation leader for insulating, safety and digital RESTON STATION 14 55 BLOOR. MANULIFE CENTER 41 printed glass. ONE MANHATTAN SQUARE 16 ONE DALTON ST. FOUR SEASONS 42 Tvitec was founded in 2008. Its main manufacturing center is located in Cubillos del Sil - León (Spain). Its organizational structure an investment 2000 ROSS STRET DALLAS 18 CAPITOL ONE. BLOCK C 45 plans are focused on turning Tvitec into one of the world’s largest hi- gh-performance architectural glass manufacturers for projects specia- 160 LEROY STREET 20 NATIONAL AIR MUSEUM . 45 lized in façade and building envelope on a global scale. Tvitec invoiced in 2017 over 100 Million Euros with an important increase in its turnover 2000 K STREET 22 LCBO TOWER. 46 with respect to the pevious year. The major part of these sales were generated in the international market. 50 WEST STREET 24 1441 L STREET 47 The Spanish high-performance glass manufacturer supplies its products CAPITOL CROSSING & OTHERS 26 NORSTROM FLAGSHIP NYC 48 for a large number of singular constructions in the United States and Canada.
    [Show full text]
  • Monthly Accident Details: January - October 2019
    Monthly Accident Details: January - October 2019 Incident Date Borough Address Number Street Fatalities Injuries EOC Final Description DOB Action ECB Violation Numbers DOB Violation Numbers Permit Permit No Incident Type Owner's Name Contractor Name 1/2/2019 Bronx 4215 PARK AVENUE 0 1 A DOB inspector reported that a worker in the cellar fell ECB Violation 35367408M 010319CE06WG01 Other Construction Related Incidents NOT ON FILE JOY CONSTRUCTION CORP approximately five feet from a ladder. The worker was sent to a hospital. An ECB Violation was issued for the improper use of a ladder. 1/2/2019 Queens 147-40 ARCHER AVENUE 0 1 The Site Safety Manager reported that an electrician No Dispatch NEW BUILDING 420654508 Other Construction Related Incidents HP JAMSTA HOUSING DEV. FUND CO CNY CONSTRUCTION LLC was preparing to pull wires through a pipe when he stepped backwards on the same floor and lost his balance. The electrician cut his left hand while trying to reach for something to grab to prevent himself from falling. The worker went to an urgent care center on his own to receive treatment. 1/3/2019 Brooklyn 1797 BROADWAY 0 1 A DOB inspector reported that a worker was guiding ECB Violation 35374959Y 010318CNEGS01 NB 32156883 Excavation/Soil Work 1797 REALTY ASSOCIATES W Developers Corp piles into place when a pile shifted and the worker suffered an injury to his right leg. The worker was in stable condition and was taken to an area hospital. The extent and severity of the worker's injuries were not known as of the time of inspection.
    [Show full text]
  • Mayor Bloomberg Highlights Some of the Many Free and Low- Cost Activities Available This Summer to New Yorkers and Their Families
    THE CITY OF NEW YORK OFFICE OF THE MAYOR NEW YORK, NY 10007 FOR IMMEDIATE RELEASE June 26, 2012 No. 245 www.nyc.gov MAYOR BLOOMBERG HIGHLIGHTS SOME OF THE MANY FREE AND LOW- COST ACTIVITIES AVAILABLE THIS SUMMER TO NEW YORKERS AND THEIR FAMILIES Call 311 or Visit NYC.gov for More Information on these Events and Many Others Mayor Michael R. Bloomberg today outlined some of the free and low-cost, family- friendly cultural activities occurring throughout the five boroughs this summer. There are countless opportunities for New Yorkers and visitors to experience the creativity that makes New York City a great place to live, work and visit. New York City offers hundreds of events, exhibits and performances that are free or low-cost to the public. Call 311 or visit NYC.gov for more information on these and other programs. “All year-round, New York City is the best place in the world to experience arts and culture, and this summer, free events will transform our neighborhoods into dynamic stages for performances, exhibitions, movies and more,” said Mayor Michael R. Bloomberg. “The City is proud to work with cultural organizations from across the five boroughs to provide access to dynamic creative programming for New Yorkers and the record number of tourists who will visit our city this summer.” FESTIVALS AND CONCERTS The Downtown Brooklyn Partnership presents “Performing the Streets” The Downtown Brooklyn Partnership and the Downtown Brooklyn Arts Alliance present “Performing the Streets.” On Fridays in June, visit Downtown Brooklyn for outdoor performances at Albee Square (Fulton St & Bond St) and Renaissance Plaza (between Jay St & Adams St, adjacent to the Marriott Hotel).
    [Show full text]
  • Brooklyn: the Bridge to the Future TABLE of CONTENTS • MARKETING REPORT • Q1 2016
    Brooklyn Offce North Brooklyn The What MARKETING and Residential Brooklyn Tech Triangle The Why REPORT Development South of Atlantic Ave The Result Q1 2016 Brooklyn: The Bridge to the Future TABLE OF CONTENTS • MARKETING REPORT • Q1 2016 Brooklyn: The Bridge to the Future 1 A boom in living and working in Brooklyn: What’s driving it? - 2 3 North Brooklyn: - Greenpoint | Williamsburg | Bushwick 4 - 5 6 Brooklyn Tech Triangle: - Dumbo | Downtown Brooklyn | Brooklyn Navy Yard 7 - 8 9 South of Atlantic Ave: What’s Next? - Gowanus | Red Hook | Sunset Park 10 - 11 The Result 12 13 Recent Sales | Contact | About GFI Realty Services - 14 140 BROADWAY 41ST FLOOR | NEW YORK, NY 10005 P: (212) 837.4665 | E: [email protected] INTRODUCTION • MARKETING REPORT • Q1 2016 1 A boom in living and working in Brooklyn: What’s driving it? Due to Brooklyn’s exponential year-over-year residential and retail growth, combined with the staggering number of units in the pipeline, it’s nearly impossible to ignore the development currently taking place in Brooklyn. With the explosive growth of the borough’s population, particularly among millennials, and the borough’s emergence as an incubator for TAMI (Technology, Advertising, Media and Innovation) companies, we are seeing waves of developers “crossing the bridge” as they seek new investment opportunities. his trend began in Northern Brooklyn, with Tthe emergence of neighborhoods such as Greenpoint, Williamsburg and Bushwick, Residential 2015 By end of 2016 and has moved south, particularly in water- Growth front neighborhoods, to the Navy Yard, Down- 2,700 5,000 town Brooklyn, DUMBO, Gowanus, Red Hook and Sunset Park.
    [Show full text]
  • Art Commission Meeting Agenda Monday, June 16, 2008
    Art Commission Meeting Agenda Monday, June 16, 2008 Public Meeting 1:25 p.m. Consent Items 23160: Reconstruction of Engine Company 63/Ladder 39/Battalion 15, including the construction of an addition, 755 East 233rd Street, Bronx. (Preliminary) (CC 12, CB 12) DDC 23161: Reconstruction of the entrance, Queensboro Hill Community Library, 60- 05 Main Street, Queens. (Final) (CC 20, CB 7) DDC 23162: Installation of 16 signs as part of a campus-wide wayfinding signage program, New York Presbyterian Hospital and Columbia University Medical Center, West 168th Street, St. Nicholas Avenue, West 165th Street and Riverside Drive, Manhattan. (Preliminary and Final) (CC7 & 10, CB 12) DOT 23163: Installation of four fenced-in planted areas, 15 Central Park West, Manhattan. (Preliminary and Final) (CC 6, CB 7) DOT 23164: Installation of a planted area, LaGuardia Center, 45th Street between Ditmars Boulevard and 23rd Avenue, Queens. (Preliminary and Final) (CC 22, CB 401) DOT 23165: Installation of 22 M-poles, 86th Street between Fourth Avenue and Fort Hamilton Parkway, Brooklyn. (Preliminary and Final) (CC 43, CB 10) DOT 23142: Installation of streetscape improvements, including the reconstruction of Albee Square, Fulton Mall, Fulton Street from Adams Street to Flatbush Avenue, Brooklyn. (Final) (CC 33, CB 2) EDC/DOT 23166: Reconstruction of the Arthur Avenue Retail Market, 2344 Arthur Avenue, Bronx. (Final) (CC 15, CB 6) EDC 23167: Construction of an environmental education center and rehabilitation of and addition to the current facility, including adjacent site work, New York Restoration Project’s Sherman Creek Campus, Sherman Creek Park, 10th Avenue, Harlem River Drive, Academy Street and Sherman Creek, Manhattan.
    [Show full text]
  • Protest & Comments in Response to NYISO Demand Curve
    UNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION ) New York Independent System Operator, Inc. ) Docket No. ER21-502-000 ) PROTEST AND SUPPORTING COMMENTS OF INDEPENDENT POWER PRODUCERS OF NEW YORK, INC. On November 30, 2020, the New York Independent System Operator, Inc. (“NYISO”) filed, pursuant to Section 205 of the Federal Power Act, proposed tariff revisions to its Market Administration and Control Area Services Tariff (“Services Tariff”), which define new installed capacity (“ICAP”) Demand Curves applicable for the 2021/2022 Capability Year and proposed the inputs and parameters for conducting the annual updates to determine the ICAP Demand Curves for the 2022/2023, 2023/2024, and 2024/2025 Capability Years, with the Federal Energy Regulatory Commission (“Commission”) in the above-captioned docket.1 Pursuant to Rule 211 of the Commission’s Rules of Practice and Procedure, 18 C.F.R. § 385.211, and the Commission’s Combined Notice of Filings #1, issued on November 30, 2020, Independent Power Producers of New York, Inc. (“IPPNY”)2 hereby protests, and comments on, the NYISO Filing. I. BACKGROUND AND EXECUTIVE SUMMARY On May 20, 2003, the Commission first approved ICAP Demand Curves for the NYISO ICAP market to replace a critically flawed capacity market structure that had led to severely 1 Docket No. ER21-502-000, New York Independent System Operator, Inc., 2021-2025 ICAP Demand Curve Reset Proposal (Nov. 30, 2020) (“NYISO Filing”). 2 IPPNY is a not-for-profit trade association representing the independent power industry in New York State. Its members include companies involved in the development and operation of electric generating facilities and the marketing and sale of electric power in New York.
    [Show full text]