425 East 161st Street [DNAinfo New York]: A nine-story, 58-unit “supportive housing building for homeless veterans and families” is slated for the vacant lots spanning 425-431 East 161st Street, in Morrisania. The $75 million building is expected to be completed “by the summer of 2017,” and MAP is designing.
740 8th Avenue [New York Daily]: Extell Development “has closed on the purchase” of a seven-story, 52,000 square-foot parking garage — located at 251 West 45th Street in Times Square — “for $45.78 million.” The lot is likely an addition to Barnett’s assemblage centered around 740 8th Avenue, where “most likely a hotel” of “monolithic” proportion will rise.
62 Box Street [Brownstoner]: Construction is up to the third floor of a planned six-story, six-unit residential building of 7,348 square feet at 62 Box Street, in northern Greenpoint. Roman Sorokko, of Versatile Engineering, is the architect of record, and completion is estimated for 2015.
96 Wythe Avenue [Crain’s New York]: Heritage Equity Partners “has secured a $40 million construction loan” for an eight-story, 150-key boutique hotel at 96 Wythe Avenue, in Williamsburg. Dubbed the Williamsburg Hotel, construction is already underway, and the structure “is slated for completion in the late summer or early fall” of 2015.
535 Carlton Avenue [Crain’s New York]: Greenland Holding Group and Forest City Ratner have begun excavation on the 19-story, 298-unit all-affordable residential building of 364,000 square feet set for 535 Carlton Avenue, in Prospect Heights. The building is one of 15 planned in a large-scale redevelopment known as Pacific Park, and COOKFOX is designing.
1448 Plimpton Avenue [DNAinfo New York]: The City broke ground on a seven-story, 61-unit affordable housing building — with “a 19,000 square-foot community space” that will be home to a local choir — at the corner of West 176th Street and Plimpton Avenue, in Highbridge. The building is expected “to be completed in 2016.”
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