Yoel Goldman’s Williamsburg-based All Year Management has revealed its plans for its city-block-sized development site at the former Rheingold Brewery complex in Bushwick, Brooklyn, NY, and they’re big.
THE REAL DEAL reports that the firm will build a 1 million-square-foot, 800 to 900-unit rental complex on the block bounded by Stanwix and Melrose streets and Evergreen and Flushing avenues, to be called Bushwick II.
THE REAL DEAL says that the ODA New York-designed building will feature a complex system of interconnecting courtyards and common spaces, including coffee shops, art galleries, lounges and fitness areas, according to the architecture firm. The building’s 60,000-square-foot roof will house an urban farm, as well as additional recreation and exercise space. A nearly 18,000-square-foot park will run through the building’s center.
All Year assembled the site in two separate purchases. It bought 123 Melrose Street from Princeton Holdings’ Yosef Tabak and Read Property Group’s Robert Wolf in November for $68.5 million. Then, in April, it picked up the adjacent 28 Stanwix Street from the same sellers, paying $72.2 million.