In its first U.S.-based joint venture, Israeli contractor Danya Cebus Ltd. has teamed with New York City-based Hudson Meridian Construction Group LLC on a $33-million project to convert a three-story industrial warehouse landmark, located in the historic DUMBO section of Brooklyn, N.Y., into a 74-unit condo.
The project, set amid structures that date to the 19th century, will involve converting the 90,000-sq-ft building to a seven-story, 170,000-sq-ft structure while restoring the exterior landmarked facade. The interior of the building, which had housed artist studios, will include duplexes, penthouses and a townhouse, say the construction firms.