247 Bedford Avenue [Brooklyn Daily Eagle]: Apple has “signed a lease” for 20,000 square feet at the two-story building located at 247 Bedford Avenue, in Williamsburg. The site’s owner is renovated the building to eventually sport “a reddish brick façade punctuated by high arches,” and construction is expected to wrap “in April 2015.”
286 Ashland Place [The Real Deal]: Two Trees Management has “raised $168 million in financing” for their already under construction 32-story, 379-mixed-use building at 286 Ashland Place, in Fort Greene. Set to wrap by mid-2016, “43,000 square feet of retail [and] 50,000 square feet of cultural space” will be included in the base.
147-07 94th Avenue [DNAinfo New York]: CPEX has listed the roughly 35,000 square-foot development assemblage spanning 147-07 – 147-37 94th Avenue — in Jamaica — “for sale for $24 million.” The site currently has multiple low-rise structures, including a three-story factory building, and boasts “more than 420,000 square feet of buildable space.”
LaGuardia Airport Redevelopment [Crain’s New York]: LGA Central Terminal Consortium (which includes Goldman Sachs, KPF, among others),and LaGuardia Gateway Partners (which includes Citigroup, Wells Fargo, and Skanska, among others) are the finalists “vying to win the $3.6 billion job to rebuild LaGuardia Airport’s main terminal building.” A development team is likely to be chosen in January.
114 East 25th Street [The Real Deal]: MetroLoft has purchased the 12-story, roughly 42,000 square-foot building — located at 114 East 25th Street, in Rose Hill — from Extell Development for $36.5 million. The new owner will receive the building vacant, and plans call for a residential conversion.
45-08 23rd Street [The Court Square Blog]: Schematics have been posted on-site at 45-08 23rd Street — in Long Island City — where a three-story, four-unit residential building of 6,000 square feet is to rise. The site has been cleared, and excavation is imminent.
For any questions, comments, or feedback, email [email protected]