A new player in New York’s real estate scene, Karp may soon be as big a name as Sterling or Kushner.
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Eli Karp’s Hello Living real estate development firm, possibly the fastest growing developer in Brooklyn, has filed for permits with New York City’s Department of Buildings to construct a 23 story residential building at in East Flatbush Brooklyn. This according to a report in The Real Deal.
Located at 1580 Nostrand Avenue at Albemarle Road, the new building will have 128, 856 square feet of residential space. There will be 153 units, spread over the building’s upper 21 floors. An ambulatory and diagnostic health care facility and medical office will be located in its ground and second floors.
The lot currently holds a one story garage.
Hello Living has already completed eight projects in Brooklyn and is planning on seven more.
One is at 2415 Albemarle Road, southeast of Prospect Park in Flatbush. That will be a 12 story 121 foot tall residential tower with 44 condominium units in the more affordable $200, 000 – $380, 000 price range.
There is also the row of townhouses the firm is building on a lot at the corner of Underhill Avenue and Pacific Street, in Prospect Heights. They bought the property last year, for $2.1 million. Hello Living hopes to break ground on the project this summer for the townhouses, which will offer large, private terraces with outdoor kitchens, in addition to underground parking and highly insulated triple paned glass windows.
His 834 Sterling Place, located between Nostrand and Rogers Avenues in Crown Heights, when completed, will have 46 units.
Based in Prospect Heights, Brooklyn, Hello Living was founded in 2005 by Eli Karp.
Hello Living states that it represents a new trend in urban living that has gained praise for its fresh approach and breathtaking designs. Brooklyn’s Pacific Street and Washington Ave are full of their developments. These architecturally-distinctive structures make up the HELLO community, consisting of six unique condominium buildings with some convenient shared amenities. The structures were designed to create spaces where neighbors, family and friends can come together and simply enjoy life.