New Look for East Williamsburg Rentals Rising at 123 Hope

Rendering of 123 Hope Street via Danya Cebus

Thursday, May 25, 2017 By CityRealty Staff, CityRealty contributor

Slate Property Group, in partnership with Mishkenot Urbanica, is redeveloping Williamsburg’s Quaker Sugar factory site into a 130-unit rental building. Scheduled to open in fall 2018, the building will rise to 7-stories, from a large parcel at the corner of Hope and Rodney. Per The Real Deal, Slate closed on the property in late 2015, filing construction permits and then acquiring it for $31.5 million in the early 2015. Since we first covered the development last September the design has been revised but the multi-family housing designers of Aufgang Architects continue to be in charge.

According to renderings published by developer Mishkenot Urbanica, 123 Hope Street (432 Rodney) will boast a pared-down factory aesthetic with a limestone-colored first floor and red brick above. Windows will be framed by green-colored mullions and the corners of the top floor will be cut away to provide outdoor space.

Zoning drawings submitted to the NYC DOB

The building is rising in the heart of Williamsburg and is a short walk from the Lorimer Street/Metropolitan Avenue subway, serving the L and G lines. Shared amenities will include a fitness center, a lounge, a common roof deck, a bike storage, and parking for 90 vehicles. Danya Cebus is the project builder and will complete the project in October 2018.

Google Earth aerial showing project location with older design; CityRealty

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New Look for East Williamsburg Rentals Rising at 123 Hope

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