Brief

36-Story, 372-Unit Residential Building Rises At 225 East 39th Street, Murray Hill

6:30 am on February 4, 2016 By Reid Wilson

In 2014, YIMBY revealed renderings of the planned 36-story, 372-unit residential building at 225 East 39th Street (a.k.a. 222 East 40th Street), in Murray Hill, and then foundation work began last summer. Thanks to photos by Tectonic, we can see the structure is now 16 stories above street level and rising. When the building is completed in the spring of 2017, it will encompass 373,248 square feet, with 343,187 square feet being used as residential space. The rental apartments will average 922 square feet apiece, and amenities include a fitness facility, children’s playroom, lounges, a café, a library, a courtyard garden, and a 35th-floor rooftop deck. Twenty percent of the apartments will rent at below-market rates. Fisher Brothers is developing the project and Handel Architects is designing it.

Three Four-Story, Three-Unit Residential Buildings Planned At 135 Sackett Street, Columbia Street Waterfront District

6:00 am on February 4, 2016 By Reid Wilson

Elizabeth McDonald, doing business as an anonymous LLC, has filed applications for three four-story, multi-family residential buildings at 135-139 Sackett Street, in the Columbia Street Waterfront District, located seven blocks from the Carroll Street stop on the F and G trains. Each of the buildings will contain three residential units and will individually measure between 4,178 and 4,196 square feet. It appears each unit will spread across at least an entire floor, although each building also has a penthouse on the fourth floor. The penthouse space will probably be attached to the third-floor unit. Across the entire development, units should average 1,395 square feet apiece, so condos are definitely in the works. New Jersey-based Schneider Associates is the applicant of record.

Developers Plan 48,000 Square-Foot Retail Redevelopment At 410 West 207th Street, Inwood

4:00 pm on February 3, 2016 By Reid Wilson

In December, Taconic Investment Partners and Cogswell-Lee Development Group acquired the ground-lease of 410 West 207th Street, in Inwood. According to Commercial Observer, the developers plan to redevelop the property into commercial-retail space. The site is currently occupied by a single-story, 34,000 square-foot vacant supermarket, formerly a Pathmark. The structure will be renovated to accommodate a new 20,000 square-foot supermarket and multiple smaller retailers. In addition, a 14,000 square-foot retail annex will be built on a section of the parking lot. When construction is completed later this year, parking will be reduced from 200 to 120 car spaces. The property can accommodate a 240,000 square-foot residential development with retail space, although plans for such proposal are not finalized. It sits a stone’s throw away from the 207th Street stop on the 1 train.

Developer Plans Four-Story Office, Retail Conversion At 61-63 Crosby Street, SoHo

3:00 pm on February 3, 2016 By Reid Wilson

Chicago-based L3 Capital has acquired the four-story, 20,600-square-foot mixed-use property at 61-63 Crosby Street, in SoHo, for $42 million. The new owner plans to convert the building into office space, although the ground-floor will remain as retail space. The co-op building has seven apartments, which will all be vacated before the sale closes, according to The Real Deal. The property comes with 3,300 square feet of air rights, which could be used in an expansion. Any alterations to the buildings will have to be approved by the Landmarks Preservation Commission because they sit within the SoHo-Cast Iron Historic District Extension.

Two Three-Story, Three-Unit Residential Buildings Filed At 74-33 44th Avenue, Elmhurst

2:00 pm on February 3, 2016 By Reid Wilson

Property owner Zhen Zun Li has filed applications for two three-story, three-unit residential buildings at 74-31 – 74-33 44th Avenue, in Elmhurst, four blocks south of subway stops on the E, F, M, R, and 7 trains and caught at the intersection of Broadway and Roosevelt Avenue. Each structure will measure 4,146 square feet in total, and there will be 6,270 square feet of residential space across both buildings. That means full-floor units will average 1,045 square feet apiece. Chang Hwa Tan’s Flushing-based Tan Architect is the applicant of record. Demolition permits were filed last October to raze the existing three-and-a-half-story wood-frame house.

Three Small Buildings With Five Total Residential Units Coming To 95 Boulder Street, Woodrow, Staten Island

1:00 pm on February 3, 2016 By Reid Wilson

John Culotta, head of the Staten Island-based Boulder Building Corp., has filed applications for three small residential buildings at 93-97 Boulder Street, in the south shore neighborhood of Woodrow. All of the buildings will have three stories, although two will each measure 1,806 square feet and contain two units while the third building will be fit for one family and will measure 2,029 square feet. The residential space across the development will total 4,714 square feet, although four of the units will average much less space than the single-family home. Stanley Krebushevski’s Staten Island-based SMK Architect is the applicant of record. The 68.5-foot-wide lot is currently vacant and must first be subdivided.

215th Street Pedestrian Staircase Opens Following Its Reconstruction, Inwood

11:00 am on February 3, 2016 By Reid Wilson

The newly redesigned and constructed 215th Street staircase in Inwood – which connects pedestrians at Park Terrace East to Broadway and West 215th Street, sitting 50 feet below – is expected to open today after two years of construction. According to Curbed NY, WXY Studios designed the staircase, which is essentially being treated like public park space. The passageway features new vegetation, cobblestone paths, new stairs, and a bike channel. Two lampposts from the original staircase, built in 1911, were incorporated into the renovations since they’re designated city landmarks. The city’s Department of Design and Construction was behind the project.

Three-Story, Six-Unit Residential Building Planned At 3019 Corlear Avenue, Kingsbridge

10:00 am on February 3, 2016 By Reid Wilson

Brooklyn-based Horizon Construction Inc. has filed applications for a three-story, six-unit residential building at 3019 Corlear Avenue, in the North Bronx’s Kingsbridge neighborhood, located four blocks from the 231st Street stop on the 1 train. The project, totaling 5,798 square feet, will feature 4,177 square feet of residential space, which means units will average a rental-sized 696 square feet apiece. Sometime in the area’s past, the street was raised and many of the older homes now sit somewhat below grade. The site consists of one of those buildings, and permits were filed to demolish the existing 2.5-story house last December. Lower Manhattan-based Chi F. Lau Architect is the applicant of record.

New Renderings Of Six-Story, 82-Unit Mixed-Use Project Underway At 438 East 12th Street, East Village

6:30 am on February 3, 2016 By Reid Wilson

Last summer, excavation kicked off at 438 East 12th Street, in the East Village, where a six-story, 82-unit mixed-use building is under development by Douglas Steiner. Then in December, the developer secured a $130 million construction loan for the project. The Real Deal now reports the project has received approval from the Attorney General’s office, putting the valuation of the project’s 82 units at $215 million. When completed in 2017, the 151,943 square-foot building will have 8,376 and 961 square feet of ground-floor retail and medical offices, respectively. The units above will average 1,315 square feet apiece, and will come in one- to four-bedroom layouts. The amenities, located on the ground and cellar levels, will include a pool and spa, a gym, a library, and a children’s playroom, as well as courtyard and rooftop gardens. Perkins Eastman affiliate S9 Architecture is the designing architect and Paris Forino is designing the interiors.

Extell Acquires Mixed-Use Development Site At 530 Sixth Avenue, Greenwich Village

6:00 am on February 3, 2016 By Reid Wilson

Extell Development has acquired the four-story, 17,000 square-foot commercial building at 530 Sixth Avenue, located on the corner of West 14th Street in Greenwich Village. According to Crain’s, the site could accommodate 126,750 square feet of residential space in the form of a new building. Zoning also allows for commercial and community space, and retail would more than likely be included in a new building. The developer acquired the property for an undisclosed amount from the Duell family, who has already sold a number of other properties around Manhattan to Extell chief Gary Barnett. Development plans have not yet been disclosed and the building’s commercial tenants remain operative for the time being.

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