Brief

Office Conversion Underway At 14 53rd Street, Seven-Story Industrial Building In Sunset Park

2:00 pm on August 12, 2015 By Reid Wilson

Madison Realty Capital has closed on the seven-story, 400,000 square-foot industrial building at 14 53rd Street, in Sunset Park on the waterfront, for $82.5 million, according to Crain’s. The building, located four long-blocks from the R train’s 53rd Street stop, is being renovated to accommodate office and manufacturing tenants. The renovations will include exterior and interior upgrades, as well as a roof deck.

Development Site At 222 East 46th Street Placed On The Market, Midtown East

12:30 pm on August 12, 2015 By Reid Wilson

The Dupler Group is putting the land under a five-story office building at 222-226 East 46th Street, in Midtown East, on the market as a 99-year lease; the property is being valued at around $30 million. The site contains 72,000 square feet of development rights, and a developer could demolished the existing structure for a 33-story residential tower with as many as 96 rental units. Newmark Grubb Knight Frank is marketing the property, per The Real Deal.

52-Story, 600-Unit Residential Tower At 551 10th Avenue Gets Glassy, Midtown West

11:00 am on August 12, 2015 By Reid Wilson

YIMBY last reported on Extell Development’s 52-story, 600-unit mixed-use building at 551 Tenth Avenue, in Midtown West, back in October of 2014, and now Curbed has the latest photos of the project, courtesy of Tectonic. The structure has risen significantly since last fall, and glass is now wrapping around on all sides. Twenty percent of the rental units will be leased at below-market rates, and a 300-bed dormitory will be housed in the building’s base. SLCE Architects is designing, and completion is expected in the summer of 2016.

11-Story, 30-Unit Mixed-Use Building Planned At 140 15th Street, South Slope

10:00 am on August 12, 2015 By Reid Wilson

In December, an 11-story, 30-unit mixed-use building was filed at 140 15th Street, in South Slope, but was lost in the flood of other projects being filed before the year’s end. Then YIMBY revealed renderings of the project in May. Filings have not been approved yet by the DOB, but Boaz Gilad, the developer, is still actively filing for permits. The 36,747 square-foot building will feature 4,948 square feet on the ground floor for two retail units, and the residential units above will average 1,062 square feet. Feingold & Gregory Architects is the applicant of record. Demolition permits were filed in 2014 to remove two three-story townhouses and a retail building.

Icon Realty Planning Mixed-Use Building At 1538 2nd Avenue, Upper East Side

6:30 am on August 12, 2015 By Reid Wilson

Last year, YIMBY brought you news of Icon Realty’s planned 14-story, 12-unit mixed-use building at 1562 2nd Avenue, on the Upper East Side, and now the developer is planning another luxury residential and retail building at 1538-1546 2nd Avenue, a block to the south, between 80th and 81st Streets. According to the New York Post, demolition is underway to remove existing tenement buildings. Although applications are not on file for 1538 2nd Avenue, construction is expected to start in early 2016, or around the same time as their project at 1562 2nd Avenue.

Drawings Posted For 23-Story Mixed-Use Project At 100 University Place, Greenwich Village

6:00 am on August 12, 2015 By Reid Wilson

Nearly a year ago, YIMBY brought you news of Macklowe’s 23-story, 52-unit mixed-use building planned at 100 University Place, in Greenwich Village, and now schematic diagrams have surfaced of the building’s form, per Curbed. The 107,965 square-foot building will have 13,075 and 1,050 square feet of commercial and community space, respectively, spanning the ground floor. Condos will average 2,076 square feet each. SLCE Architects is serving as the architect of record, and the existing four-story building is getting prepped for demolition.

Three-Story, Three-Unit Residential Building Coming To 61-42 168th Street, Utopia

4:00 pm on August 11, 2015 By Reid Wilson

Whitestone-based property owner Robert Ranallo has filed applications for a three-story, three-unit residential building at 61-42 168th Street, in Utopia, four blocks from the QM4 bus stop at 164th Street/Horace Harding Expressway. The building will measure 3,568 square feet in total, which means full-floor units will average 1,190 square feet each. Great Neck-based Frank Petruso is the architect of record, and demolition began earlier this year to remove the site’s former two-story home.

Six-Story, Six-Unit Condo Project Under Construction At 64 East 1st Street, East Village

3:00 pm on August 11, 2015 By Reid Wilson

In April of 2014, YIMBY brought you news of the six-story, six-unit residential building planned at 64 East 1st Street, in the East Village, and now the first steel beams have been erected at the site, per EV Grieve. The building will measure a total 13,100 square feet, and duplex condominium units will average 2,185 square feet; the unit on the sixth floor will also include a seventh floor penthouse. Ekstein Development is behind the project, and GF55 Partners is designing.

Residential Plans Explored For 20 Broad Street, 27-Story Office Building In The Financial District

2:00 pm on August 11, 2015 By Reid Wilson

Vornado Realty Trust is exploring the idea of converting the 27-story, 473,000 square-foot office building at 20 Broad Street, in the Financial District, into residential units, according to Crain’s. Vornado may decide to keep the building as office space, but could also purchase and demolish the building once New York Stock Exchange vacates the building next year; their lease of 381,000 square feet expires in August. Currently, Vornado ground-leases the property.

Seven-Story, 32-Unit Building Underway At 1255 Bushwick Avenue, Bushwick

12:30 pm on August 11, 2015 By Reid Wilson

Roughly a year ago, YIMBY reported on filings calling for a seven-story, 32-unit residential building at 1255 Bushwick Avenue, in southern Bushwick, and now construction is beginning at the site, where only the façade of the former church stands. According to Brownstoner, the building will measure 21,897 square feet, so units will average a condo-sized 1,368 square feet. Brookland Capital is developing, while Issac & Stern Architects is designing.

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