A Chetrit Group development site that has long illustrated the consequences of the boom years in Williamsburg appears to finally be ready for construction, according to Brownstoner.
Permits were recently filed for the site, at 502 Metropolitan Avenue, for a 14-story mixed-used project with 234 residential units designed by Gene Kaufman.
The filing, which is pending zoning approval, calls for 156 enclosed parking spaces and at least 56,000 square feet of commercial space. Winick Realty, which had reportedly landed Duane Reade as an anchor tenant before the bust, is marketing the commercial part of the development.
The plans mark a substantial change from the original Meltzer/Mandl Architects-designed plan that included 140 rental units, 26,000 square feet of retail space and a 210-car parking garage. [Brownstoner]