350 East 86th Street

Extell To Expand Assemblage With 350 East 86th Street Purchase, Upper East Side

10:00 am on August 19, 2015 By Reid Wilson

Extell Development is in contract to purchase the single-story grocery store at 350 East 86th Street, on the Upper East Side, for $100 million, Crain’s reports. The developer also owns neighboring sites, and can build a 20-story, 230,000 square-foot condominium building, with 200 units and retail space. The acquisition is expected to close next year, also when Gristedes’ lease expires. Extell’s plans have yet to be disclosed, and assemblage could be expanded with further acquisitions.

Landmarks Wants Reduced Scale On Park Slope Pavilion Theater Project

8:00 am on August 19, 2015 By Evan Bindelglass

The concept of retaining Park Slope’s Pavilion cinema in a new, smaller form while converting the rest of the building and demolishing the neighboring one-story building for apartments was welcomed by the Landmarks Preservation Commission on Tuesday. However, the current proposal could not pass muster. Put simply, it was seen as out of scale by many of the commissioners. The sentiment was shared by the public.

Read More
141 Willoughby Street

44-Story, 270-Unit Mixed-Use Building Proposed At 141 Willoughby Street, Downtown Brooklyn

6:30 am on August 19, 2015 By Reid Wilson

Savanna has filed applications for a variance to build a 44-story, 310,000 square-foot mixed-use building at 141 Willoughby Street, in Downtown Brooklyn. In exchange for the rezoning, 30 percent of the building’s 270 residential units would be set aside as affordable. At the base, 28,000 square feet of retail space would span the ground and second floors, in addition to 34,000 square feet of office space on the third and fourth floors, according to The Real Deal. An existing three-story building must first be demolished.