B+B Capital in the news

Details Revealed For Several New South Williamsburg Projects

[CURBED] by Jessica Dailey

The Dutch-inspired, Chinese-owned, long-in-the-works luxury development at 429 Kent Avenue, aka the Oosten, is far from the only new project rising in South Williamsburg. The neighborhood, generally considered to be south of Grand Street, is seeing something of a development boom. Several new residential buildings have opened in the last few years, and many more are on the way. There's the Domino megaproject, of course, but stories in the Post and Brownstoner reveal details about a few lesser-known developments as well. First up: 433 Kent Avenue, a huge eight-building project bound by Wythe Avenue and South 9th and South 11 streets. 'Stoner spotted the above schematic drawing on the site's construction fence. The seven-story development is rising directly next to 429 Kent, and it will bring an additional 188 units to the market. Construction is well underway, but the a Stop Work Order currently exists on the property.

Here's what the Post reveals:

B+B Capital's planned six-stpry building at 200 South Third Street will have 25 to 30 condos, and it should be complete by fall 2015.... [READ MORE]

Ilan Bracha developing a South Williamsburg condo

[THE REAL DEAL]: condominium building is coming to the site of a former parking lot in South Williamsburg.  The project is being developed by Ilan Bracha of B+B Capital, and also a founder of Keller Williams New York City, who recently closed on the property for $6.5 million. The project will rise six stories at 194-196 South Third Street, though it will go by the address 200 South Third Street, according to Curbed.  In total, the development is to have 45,000 square feet of condominiums, as well as indoor parking and a 15,000-square-foot art school on the first floor. No permits have been filed with the Department of Buildings just yet, according to Curbed. [Curbed] — Julie Strickland

Source: http://therealdeal.com/blog/2014/01/21/ila...