It’s been a busy week for new development in western Flushing. Yesterday, YIMBY spotted plans for a hotel-residential-retail project in the part of the neighborhood that’s about to be rezoned, and today a different local builder filed plans for an eight-story, mixed-use building at 131-09 Fowler Avenue, close to Flushing Meadows Park and the Van Wyck Expressway.
Another vacant, city-owned lot in the South Bronx is about to sprout affordable housing. The city’s Department of Housing Preservation and Development filed plans to build a 12-story rental building at 443 East 162nd Street in Melrose, where activists have spent decades fighting for city services and housing that locals could afford.
Small market-rate developers in the Bronx have slowed down their plans for new buildings since the 421-a tax abatement program expired last month. But a few risk takers are still planning projects in the borough’s more established neighborhoods, like Bedford Park. Last week, developer Arben Mitaj filed plans for an eight-story market-rate building at 3053 Villa Avenue, between Bedford Park Boulevard and East 204th Street in Bedford Park.
Back in July of 2014, YIMBY brought you renderings of the proposed 14-story, 10-unit residential building at 207 West 75th Street, on the Upper West Side. The project required a special permit from the Board of Standards and Appeals, but the developer was unsuccessful in obtaining a variance and the site was eventually unloaded for $13.25 million in 2015. The new developer, Opal Holdings, has since filed applications to expand the existing two-story building into a seven-story, five-unit mixed-use one. Real Estate Weekly now reports a $14.8 million construction loan has been secured for the 20,000-square-foot project. There will be 5,000 square feet of retail on the ground and cellar levels, and full-floor apartments beginning on the second floor. The sixth and seventh floors will contain a five-bedroom duplex penthouse featuring a terrace. Jeffrey Cole Architects is designing.
The stunningly tall towers rising along 57th Street are taking the Manhattan skyline to a whole new level. Despite their relatively small footprints, some projects are actually replacing true architectural gems. Between the end of 2014 and the beginning of 2016, the LeFrak Organization and Vornado Realty leveled three pre-war buildings at 27-33 West 57th Street. Although the latest reports indicated a “seven star hotel,” final plans are still unknown. Given the site’s Billionaires’ Row location and proximity to Central Park, whatever gets built will most likely be very tall, and very expensive.