Brief

Seven-Story, 11-Unit Condominium Project Tops Out At 204 Forsyth Street, Lower East Side

10:00 am on March 18, 2016 By Reid Wilson

In February of 2015, YIMBY revealed renderings for the planned seven-story, 11-unit residential building at 204 Forsyth Street, on the Lower East Side. Bowery Boogie now reports the 24,960-square-foot project has topped out. The structure’s residential units will be condominiums and should average a spacious 1,779 square feet apiece. The units will come in two- and three-bedroom configurations, and amenities include a parking garage on the ground floor and bicycle storage and recreational space in the cellar. Charlie Saulson is the developer and Z Architecture is behind the design. Completion is expected later this year.

High-Profile Mixed-Use Development Site Up For Sale At 39-08 Janet Place, Flushing West Rezoning Area

6:30 am on March 18, 2016 By Reid Wilson

Property owners ABS Management & Development and Babad Management are now placing on the market the 3.7-acre vacant development site at 39-08 Janet Place (a.k.a 131-35 Roosevelt Avenue), in Downtown Flushing. The Real Deal reports the site currently offers 870,000 square feet of development rights. A five-tower, 450-unit mixed-use project was approved by the city before the 2008 financial crisis. It was going to be built by LEV Development Group and was designed by Ismael Leyva Architect, but it never got off the ground. Today, the plot is subject to the proposed Flushing West Rezoning, and, if established, would be located within the rezoning’s special waterfront district. That means a future development may require the construction of a waterfront promenade along Flushing Creek (although we don’t know if the rezoning means that the site would get more development rights). The site doesn’t have an asking price, although brokers expect the site to generate more than $120 million.

Two-Story Multi-Use Commercial Conversion Finished At 290 Grand Street, Lower East Side

4:00 pm on March 17, 2016 By Reid Wilson

Back in November of 2015, the two-story building at 290 Grand Street, on the Lower East Side, was being converted into 4,288 square feet of commercial space by its owner Cheuk Fan Cheung. Bowery Boogie now reports that construction has finished and scaffolding is being removed from the structure. The building is practically unrecognizable, as a completely new façade was installed as well as future storefronts and windows. The commercial space will be split between retail and office space. There will be three ground-floor retail units, and the second floor and cellar spaces will be leased to non-medical office tenants. Jianxiong Wang’s JW Engineering Consulting is the applicant of record. Opening will likely happen soon.

New Developer Takes Over Four-Story Hotel Conversion Of Battery Maritime Building At 10 South Street, FiDi

10:00 am on March 17, 2016 By Reid Wilson

Connecticut-based Stoneleigh Capital has reportedly signed a letter of intent with the New York City Economic Development Corporation to head the redevelopment of the four-story Battery Maritime Building, an individual landmark located at 10 South Street, in the Financial District. According to Politico New York, the new developer replaces the Dermot Company, who was selected in 2006 to transform the building into a hotel but never completed the project. The conversion is currently a little more than halfway complete. Once finished by the end of 2017, it will include a 60-plus-key boutique hotel, a restaurant and bar on the rooftop, and pubic space in the Grand Hall. Part of the building is still used to launch ferries to Governors Island. Rogers Partners originally designed the project, but when the project resumed after the last economic downturn it was subsequently re-designed for a new program by Ismael Leyva Architects, who also took the building through multiple agency approvals and finally into construction.

Two-Story, 362,000-Square-Foot Commercial Warehouse Filed At 46-06 57th Avenue, Maspeth

4:00 pm on March 16, 2016 By Reid Wilson

Charlotte, N.C.-based SunCap Property Group has filed applications for a two-story, 362,474-square-foot commercial warehouse at 46-06 57th Avenue, in the western industrialized section of Maspeth known as Haberman. The enormous building will stand 60 feet in height and will have a lobby, offices, a distribution area, and storage space on the ground floor. The second floor will contain a parking garage with 225 parking spaces. It’s not known who will operate in the warehouse, but the property owner currently operates a FedEx Ground distribution center at 29-01 Borden Avenue, in Long Island City. The new building is being designed by Long Island-based Baldassano Architecture. The 513,221-square-foot swath of land is currently vacant.

Two-Story Manufacturing-Office Project Coming To 169 Williams Avenue, East New York

3:00 pm on March 16, 2016 By Reid Wilson

Brooklyn-based property owner Yanes Gertrudis has filed applications for a small, two-story manufacturing building at 169 Williams Avenue, in northern East New York, located in the manufacturing district southeast of the Broadway Junction transportation hub. The 34-foot-tall building will measure 4,806 square feet in total. There will be 2,612 square feet of manufacturing space on the ground floor, and 2,000 square feet of office space on a mezzanine level and the second floor. Ross William’s Brooklyn-based W.D. Ross P.C. is the architect of record. The 25-foot-wide, 2,500 square-foot parcel is currently vacant.

Three-Story, Two-Unit Residential Project Planned At 2372 Boynton Place, Gravesend

2:00 pm on March 16, 2016 By Reid Wilson

Property owner Leon Chang has filed applications for a three-story, two-unit residential building at 2372 Boynton Place, in southern Gravesend, located a block from the Avenue X stop on the F train. The new building will encompass 4,500 square feet and will boast 3,873 square feet of residential space. One apartment will span the ground floor and the second will take up the second and third floors. If residential space is divided as such, the ground floor unit will measure 1,290 square feet and the second unit will measure a spacious 2,583 square feet. Jung Wor Chin Architect is the architect of record. The 25-foot-wide lot is currently occupied by a two-story, single-family, wood-framed structure. Demolition permits have already be filed to raze it.

Two-Story, 4,570-Square-Foot Restaurant Complete At 47 Prince Street, NoLIta

1:00 pm on March 16, 2016 By Reid Wilson

Back March of 2014, plans for a two-story, 4,570-square-foot commercial building were revealed at 47 Prince Street, on the corner of Mulberry Street in NoLIta. Now, Bowery Boogie reports the building is complete and construction fencing around the structure has been disassembled. The 25-foot-tall building will boast 2,450 square feet of commercial space for a restaurant. In addition to the ground floor, the eventual restaurant will also operate on a mezzanine level (which reads as the building’s second story). The kitchen, as well as bathrooms and storage space, will be located in the cellar. Neil Bender, doing business as an anonymous LLC, is the developer and Richard Pierce’s Terjesen Associate Architects is the architect of record. Perviously, Gene Kaufman was the designer, although filings reveal he was replaced.

Excavation Kicks Off At 12-Story, 49-Unit Condo Project At 160 Leroy Street, West Village

11:00 am on March 16, 2016 By Reid Wilson

Back in November of 2015, new details and renderings surfaced of the planned 12-story, 49-unit residential building at 160 Leroy Street, in the West Village, and YIMBY can now report that excavation is underway, as seen in a photo by Tectonic. Developers Ian Schrager, Vector Group, and Carlton Group secured $265 million in financing last month for the 184,935-square-foot project. The condominium units will average a very spacious 2,874 square feet apiece, with units ranging from 1,100 square feet to a 12,000-square-foot penthouse, and amenities include landscaped courtyards and gardens, a 70-foot swimming pool and spa, an entertainment lounge, a kids clubhouse, a gym, and an 834-square-foot restaurant. Herzog & de Meuron is the design architect, S9 Architecture & Engineering is serving as the architect of record, and Christian Liaigre is responsible for the interiors. Completion is expected in 2017.

Six Three-Story, Mixed-Use Buildings Coming To 106-02 Astoria Boulevard, East Elmhurst

10:00 am on March 16, 2016 By Reid Wilson

Property owner Stelios Banagos, head of Bay Restoration Corp. but doing business as an anonymous LLC, has filed applications for six small mixed-use buildings at 106-02 – 106-14 Astoria Boulevard, located between 106th and 107th Streets, in East Elmhurst. The buildings will stand three stories in height and will contain two residential units each, although size of the buildings will vary between 4,500 and 6,700 square feet apiece. The residential and commercial square-footage figures for each building are not entirely clear, although it appears across the entire development 6,227 square feet of ground-floor retail space and 12,379 square feet of residential space is planned. That means full-floor residential units will average 1,032 square feet apiece. Midtown-based Node Engineering & Consulting is the applicant of record. Three existing wood-framed houses must first be demolished. Demolition permits are currently on file.

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