City Speeds Up Building Approval Process [Crain’s New York]: The De Blasio Administration has changed the construction approval process, which will allow developers to start ULURP without first securing building permits. In addition, City Planning is adding 31 positions to help speed up paperwork.
79 Nassau Street [The Real Deal]: Lexin Capital has closed on a pair of low-rises in the Financial District, at 75 and 79 Nassau Street. Current plans call for renovation, though the buildings could be part of a larger assemblage that may be redeveloped.
345 Carroll Street [Brownstoner]: Sterling Equities is proceeding with plans for a 32-unit, five-story luxury residential building at 345 Carroll Street, in Gowanus. GLUCK+ is designing, and the structure will be clad with grey stone-work, and equipped with a number of terraces; construction “is expected to wrap in fall 2015.”
33 East 74th Street [Design Boom]: Daniel E. Straus is redeveloping and converting multiple rowhouses into ultra-luxurious condos at 33 East 74th Street on the Upper East Side. The building is receiving a face-lift, interior renovations, and a vertical expansion.
22 Caton Place [Brownstoner]: Hudson Companies is currently building a seven-story, 73-unit structure at 22 Caton Place in Windsor Terrace. Designed by Kiss+Cathcart Architects, the brick façade has yet to be revealed, but concrete and rebar are at the fourth floor.
55 Wythe Avenue [Crain’s New York]: Developer Zelig Weiss recently acquired an $18.35 million loan for his planned hotel between North 12th and 13th Streets, along the eastern side of Wythe Avenue, in Williamsburg. Called the Level Hotel, the building is set to have 183 rooms, and will span 320,000 square feet.
152 Elizabeth Street [Bowery Boogie]: Sumaida + Khurana — who previously bought the four-story brick building at Little Italy’s 152 Elizabeth Street for $21 million — have filed plans for a vertical expansion that would rise seven stories, totaling 27,090 square-feet. Interior work has begun.
33 Caton Place [Brownstoner]: The 126-unit, 8-story residential building — known as The Kestrel, at 33 Caton Place in Windsor Terrace — is currently receiving window panels that match the multi-colored brick work. Completion is expected later this year.
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