YIMBY Today

50 Clinton Street50 Clinton Street, image from Isaac & Stern

50 Clinton Street [Bowery Boogie]: In the wake of disapproved building applications, Icon Realty is testing the real estate waters of their development site at 50-62 Clinton Street in the Lower East Side. Massey Knakal Realty Services is marketing the property that Icon Realty is wishing to develop into a seven-story, 37-unit building. The existing one-story structure should be ready for demolition this winter.

568 Broome Street [The Real Deal]: Agime Group LLC has purchased a small church from Extell Development at 568 Broome Street in Hudson Square, as well as an adjacent walk-up at 572 Broome from a different owner. Extell owns other lots on the block, including 32 Dominick Street, that would be ripe for development and have been recently rezoned.

37-10 24th Avenue [The Real Deal]: New Generation Development has filed permits to construct a 13-story hotel at 37-10 24th Street in an industrial area of Astoria. The previous one-story warehouse was demolished last year. The hotel would stand 188 feet tall, spanning 46,000 square-feet and holding 122 hotel rooms.

17 John Street [Curbed]: Prodigy Network has selected a design for their crowd-funded vertical expansion of 17 John Street in the Financial District. The eight-story glass addition will be designed by Winka Dubbeldam, and Pierre Levesque will be designing the public spaces. Interior renderings reveal spacious floor-plans and comprehensive views.

429 Kent Avenue [Commercial Observer]: Xinyuan Real Estate Co. has recently secured a $165 million construction loan for their $250 million, seven-story development, dubbed Oosten. Located on a two-acre plot of land at 427-431 Kent Avenue in Williamsburg, the 219-unit, block-encompassing building will feature “rooftop gardens, some private yards and a large enclosed common courtyard.”

644 East 14th Street [EV Grieve]: Demolition permits have been filed for the one-story structure at 644 East 14th Street in East Village that would make-way for The Rabsky Group’s mixed-used building of 15 stories.

350 East Houston Street [EV Grieve]: The State has seized the gas station occupying 350 East Houston Street and 251 East 2nd Street for the nonpayment of taxes. Months ago, Hakimian Property filed plans for a 45-unit, nine-story residential building. The NY Times reported that construction would begin when Mobil’s lease expires, possibly allowing verticality sooner than expected.

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The Chatsworth Horizon
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