Rendering of 74 Wallabout Street courtesy of Magnusson Architecture and Planning PC.
Developer asked the City to rezone manufacturing-zoned block in order to develop a seven-story building and a five-story extension for an adjacent religious school. On September 12, 2012 the City Council approved 74 Wallabout LLC’s proposal to demolish a low-rise warehouse building and build a seven-story mixed-use building at 74 Wallabout Street in South Williamsburg, Brooklyn. The warehouse sits on the western half of a block bounded by Wallabout Street, and Flushing, Franklin, and Kent Avenues. The Pointe Plaza Hotel (a converted industrial building) and the K-12 Yeshiva Bnos Ahavas Israel occupy the block’s western half. The new building will be 70 feet tall and include 120 rental units, 28,439 sq.ft. of ground floor retail space, and 60 underground parking spaces. 74 Wallabout LLC plans to make the apartments affordable to moderate income households. 74 Wallabout LLC also plans to sell a 5,000-square-foot portion of its property to the yeshiva, and build the school a 17,640-square-foot, five-story rear extension. To develop the project, 74 Wallabout LLC requested that the block be rezoned from M1-2 to R7-1 with a C1-5 commercial overlay.
