L3 Capital files plans for retail building at Williamsburg site, part of assemblage acquired from RedSky valued at $145M

L3 Capital, on July 26, filed a permit application for construction of a 7,496-square-foot retail building at 204 Bedford Avenue in Williamsburg, Brooklyn. Domenic Lanni, co-founder and managing principal at L3 Capital, filed the plans.

L3 Capital acquired the parcel from RedSky Capital along with 13 others valued at $145 million earlier this year.

BlackRock, RedSky’s mezzanine lender, acquired the properties in a deed-in-lieu of foreclosure action first, before forming a joint venture with L3 Capital, according to a report from The Real Deal.

The plan call for the construction of a 35-foot-tall, two-story building and were filed with the New York City Department of Buildings under job number B00520142.

The project is described in the filing as: New Building.

The cellar and both floors of the building will be used for retail space, per the plans filed. The roof will have recreation space in conjunction with the second floor retail space.

The architect listed is David Grider Architect.

Direct link to Acris documents. LINK

Direct link to DOB NOW Public Portal. LINK