YIMBY Today: GF55 Reveals Design for Residential Project at 64 East 1st Street on the Lower East Side, More

64 East 1st Street64 East 1st Street, rendering by GF55 Partners Architects

64 East 1st Street [Real Estate Weekly]: Last week, an on-site drawing was posted for MGM Property Group’s 64 East 1st Street, a six-story project in the East Village. Now, renderings have surfaced of GF55 Partners Architects’ design for the building, and “excavation work has just begun.”

314 Grand Street [The Real Deal]: Malachite Group has acquired the four-story, 35,000 square-foot commercial building at 314-320 Grand Street, on the Lower East Side, for $25.6 million. The broker in the deal stated “the building was ripe for residential conversion.”

170 Buffalo Avenue

170 Buffalo Avenue, rendering by John W Baumgarten

170 Buffalo Avenue [Brownstoner]: Centers Health Care has proposed converting the eight-story, 170,000 square-foot St. Mary’s Hospital — located at 170-180 Buffalo Avenue, in eastern Crown Heights — into “a 280-bed” nursing home. The owners have already filed ULURP and variance applications with the city.

51 White Street [Crain’s Business]: Cushman & Wakefield is marketing the five-story, 16,908 square-foot building at 51 White Street, in Tribeca, “for nearly $24 million.” The property is being marketed with the potential for residential conversion, and includes 6,365 square feet of unused development rights.

190 Bowery

190 Bowery, rendering via Massey Knakal

190 Bowery [Daily News]: Developer Aby Rosen has acquired the six-story, 35,617 square-foot building at 190 Bowery, in NoLita, paying $55 million. The building is likely to be converted into condos, but a mix of uses are possible.

511 West 18th Street [New York Post]: Related Companies “has hired Rem Koolhaas to design” their planned 250-foot-tall development project at 511-525 West 18th Street, in West Chelsea. The design, details, and a completion date have yet to be revealed.

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