Articles by Reid Wilson

436 Albee Square

28-Story, 150-Unit Mixed-Use Building Rises At 436 Albee Square, Downtown Brooklyn

In November of 2014, YIMBY revealed renderings of the planned 28-story, 150-unit mixed-use building at 436 Albee Square, in Downtown Brooklyn, located only a few blocks from stops on roughly a dozen subway lines. The Department of Buildings granted permits in March 2015, and since then the building has risen three stories above street level, as seen in photos by Tectonic. The latest filings have the project measuring 155,100 square feet in total and including 23,740 square feet of commercial-retail space on the cellar through third floors. The residential units will begin on the fourth floor and should average 793 square feet apiece. ODA New York is designing and Yoel Schwimer is the developer. Completion in 2017 seems probable.


27-07 43rd Avenue

Nine-Story, 108-Key Hyatt Hotel Rises At 27-07 43rd Avenue, Long Island City

In the summer of 2015, the nine-story, 108-key Hyatt Hotel being developed at 27-07 43rd Avenue, in the Court Square section of Long Island City, was a single-story above street level. The Court Square Blog now reports the project is seven stories up. The new building will encompass 59,411 square feet and will have 49,589 square feet of commercial space. That works out to hotel rooms averaging a relatively spacious 450 square feet apiece. There will be a dining area on the ground floor and a gym, meeting rooms, and office rooms in the cellar, according to the Schedule A. Flushing-based Michael Kang is the architect of record and Prakash Patel, doing business as an anonymous LLC, is the developer. Completion is expected later this year.


One Penn Plaza as seen from the southwest. Photo by Evan Bindelglass.

One Penn Plaza, Two Penn Plaza To Get Major Renovations, Interconnection, Midtown

Following the state’s plan to upgrade and expand Pennsylvania Station, Vornado Realty Trust has announced plans to renovate and interconnect 57-story One Penn Plaza and 29-story Two Penn Plaza, completed in 1972 and 1968 respectively, into a massive 4.2-million-square-foot office complex. The two buildings are located directly adjacent to and above Penn Station, in Midtown, between West 31st and 34th streets and Seventh and Eighth avenues. According to The Real Deal, the renovation project would improve desirability and tenant mobility and allow for new retail and amenity opportunities. Two Penn Plaza would get a new floor-to-ceiling glass façade and One Penn Plaza would receive “a more conventional upgrade.” Start and completion dates have not been disclosed, and a designer has not yet been revealed.


340 Flatbush Avenue Extension

New Details For 73-Story Mixed-Use Supertall At 340 Flatbush Avenue Extension, Downtown Brooklyn

Last month, YIMBY reported on applications for JDS Development and Chetrit Group’s planned 73-story, 1,066-foot-tall residential tower at 340 Flatbush Avenue Extension, in Downtown Brooklyn, and now the New York Times has new details on the project, as well as an updated rendering. The tower portion would be connected to the Dime Savings Bank building at 9 DeKalb Avenue, an individual landmark, and would require the demolition of part of the structure. That means the Landmarks Preservation Commission would have to approve alterations to the bank building. The first hearing is scheduled for March 15. The interior of the 97,000-square-foot bank building, which is also an interior landmark, is expected to be transformed into retail space.

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106 West 56th Street

Reveal For 26-story, 90,000-Square-Foot Office Building At 106 West 56th Street, Midtown

Earlier this week, news broke that Savanna and Hong Kong-based Atom Assets were planning a 26-story, 90,000 square-foot office building at 106 West 56th Street, in Midtown, and now Real Estate Weekly has a rendering of the project. As reported earlier, the new building will feature boutique office space geared towards smaller business tenants. The Perkins Eastman-designed project will feature multiple terraced setbacks and floor plates of varying sizes, ranging from 5,000 square feet on the lower levels to 2,000 square feet towards the top. The developers received an acquisition loan from United Overseas Bank to purchase the existing nine-story office building. Demolition will begin in early 2017 and completion is expected in 2019.


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