Curbed reports that a teaser site has been launched for the condominium conversion of the 30-story rental tower at 200 East 62nd Street, at the bottom of the Upper East Side. Currently dubbed The Wellington, O’Connor Capital Partners acquired the building in 2014 for $240 million and plans to market 115 condo units. Messana O’Rorke is designing, and opening is expected in the fall of this year.
Property owner Harry Tawil has filed applications for a seven-story, 34-unit residential building — likely rental apartments — for the lots spanning 59-63 West 104th Street, on the northern reaches of the Upper West Side. The building will measure just 22,510 square feet, and each unit would average 662 square feet if divided throughout the project equally. Mihai Radu is designing, and an existing four-story, 10-unit residential building at Nos. 61-63 must first be removed; No. 59 is currently a vacant lot.
DNAinfo has the first renderings of Upper Class Development’s planned seven-story, 42-unit mixed-use project at 810 Flushing Avenue, in northern Bushwick. YIMBY reported on applications filed in August of 2014, and a large amount of commercial and community space is being included on the first two levels. Demolition began on the site’s old single-story building in February, and completion of the new structure is expected in 2016.
Fortis Property Group, the owner of the Long Island College Hospital complex at 339 Hicks Street, in Cobble Hill, has proposed redeveloping the properties into 820 residential units, retail, and a medical treatment center, per Curbed. The 1 million square-foot-plus project includes 16-, 20-, 30- and 40-story towers, as well as seven new townhouses, and would require ULURP approval. A large amount of park space is also included, and FXFOWLE is designing.
National Resources has received $12.5 million in financing from CIT Real Estate Finance to begin construction of Phase II of The Pearl, on the southern end of Edgewater, New Jersey. Given what has already been built, three residential buildings of five or six stories are likely in the works; phase II will total 63 residential units, per Commercial Observer.
