Articles by Reid Wilson

57 Willoughby Street

Renovation Planned for Six-Story, 124,000-Square-Foot Office Building at 57 Willoughby Street, Downtown Brooklyn

1:00 pm on January 5, 2017 By Reid Wilson

Meadow Partners has acquired, for $54 million, the six-story, 124,000-square-foot commercial building at 57 Willoughby Street, located at the corner of Lawrence Street in Downtown Brooklyn. The new owner plans to renovate the property, which includes rebuilding the 9,450-square-foot ground-floor retail space and modernizing the office space on the floors above, Real Estate Weekly reported. The property also contains 96,000 square feet of air rights, The Real Deal first reported. A $50.2 million acquisition loan was secured for the purchase.

125-09 101st Street

Two Four-Story, Five-Unit Residential Buildings Planned at 125-09 101st Street, Richmond Hill

11:30 am on January 5, 2017 By Reid Wilson

Queens-based TNE Building has filed applications for two four-story, five-unit residential buildings at 125-09 and 125-11 101st Street, in Richmond Hill. The buildings will measure 4,905 square feet each. Across both, the residential units should average 743 square feet apiece, indicative of rental apartments. Jamaica-based Royal Engineering is the applicant of record. The 40-foot-wide, 3,737-square-foot lot is occupied by a single-story commercial-retail building. Demolition permits were filed in November.

121 Meserole Avenue

Four-Story, Two-Unit Mixed-Use Project Coming to 121 Meserole Avenue, Greenpoint

10:00 am on January 5, 2017 By Reid Wilson

An anonymous Midtown South-based LLC has filed applications for a four-story, two-unit mixed-use building at 121 Meserole Avenue, in the heart of Greenpoint. The project will measure 7,803 square feet. It will include 1,657 square feet of retail space, for an art craft stop on the ground floor, followed by two apartments across the second through fourth floors, plus an upper penthouse level. The apartments should average 2,028 square feet apiece, which means condominiums are likely in the works. Freeport, N.Y.-based Zambrano Architectural Design is the architect of record. The 1,905-square-foot site is occupied by a two-story structure. Demolition permits were filed in October.

Carl Weisbrod

Carl Weisbrod to Step Down from Roles at Planning Commission, Planning Department

7:00 am on January 5, 2017 By Reid Wilson

On the heels of the City Planning Commission voting to certify the proposed rezoning of Midtown East, kicking off the public review process, the Commission’s chairman, Carl Weisbrod, announced he will be stepping down from his position by the end of the month. Weisbrod will also retire from his position as director of the New York City’s Department of City Planning, the New York Times reported. Weisbrod, appointed by Mayor Bill de Blasio in 2014, has served a key role in implementing the current administration’s zoning policies, with a career in government and civic life spanning decades. City officials say Weisbrod will become the new chairman of the Trusts for Governors Island, a nonprofit organization tasked with leading development projects and overlooking daily operations on the island.

John F. Kennedy International Airport

$10 Billion Redesign Unveiled for John F. Kennedy International Airport

6:30 am on January 5, 2017 By Reid Wilson

Governor Andrew Cuomo has unveiled plans for a $10 billion redesign of John F. Kennedy International Airport, in Queens. Broadly, the goal of the project is to better interconnect the airport’s existing terminals and improve the flow of vehicles and people through reconstruction and expansion of roadways, Crain’s reported. There would also be a large parking garage at the center of the airport, possibly to be topped by green space. Mass-transit upgrades are also in store, including plans for a one-seat ride to Manhattan. The state’s Department of Transportation will head the construction pertaining to roadways and mass transit, while the airport is expected to be rebuilt under partnerships with airline companies and operators, including the Port Authority of New York & New Jersey.

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