Commercial

Reveal for Nine-Story Multi-Use Commercial Building Planned at 38-01 Queens Boulevard, Long Island City

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

In December 2015, Curbcut Urban Partners and Platinum Realty Associates acquired, for $12.07 million, the two-story industrial building at 38-01 Queens Boulevard, in the Dutch Kills section of Long Island City. A rendering of the planned nine-story, 146,000-square-foot multi-use commercial building has now been revealed, via the Wall Street Journal. The project will include office space, retail, and a large amount of community facility space that will be able to accommodate medical offices, nonprofits, and other community-related tenants. The commercial building will also feature amenities like a rooftop deck and terraces. The developers plan to both lease and sell, as commercial condos, the space in the building. SBLM Architects is responsible for the design. Demolition permits were filed in January to knock down the existing building.

Four-Story, 28,000-Square-Foot Medical-Retail Building Filed at 54-08 74th Street, Maspeth

3:30 pm on April 29, 2016 By Reid Wilson

Flushing-based leasee Grand Centurion Construction has filed application for a four-story, 28,231-square-foot multi-use commercial building at 54-08 74th Street, in eastern Maspeth, located three quarters of a mile from the Grand Av-Newtown stop on the M/R trains. The structure will feature 7,903 square feet of ground-floor retail space. The second through fourth floors will contain 11,044 square feet of medical space. The project will include a 2,200 square-foot parking garage in the cellar. Maspeth-based Architects Studio is the architect of record. The 7,903-square-foot lot, at the corner of Grand Street, is currently occupied by a single-story auto-service business. Demolition permits have not yet been filed.

New Developer to Construct Five-Story Office Expansion Atop 20-Story Commercial Building at 685 Fifth Avenue, Midtown

1:00 pm on April 29, 2016 By Reid Wilson

Earlier this week, YIMBY reported on applications to expand, by five stories, the 20-story, 115,000-square-foot multi-use commercial building at 685 Fifth Avenue, located on the corner of East 54th Street in Midtown. It was previously reported that Michael Shvo was in contract to acquire, from property owners General Growth Properties and Thor Equities, 90,000 square feet of office space (the entire office portion). That deal has since fallen through, and now, Gulaylar Group is in contract for the office space, according to The Real Deal. As part of the deal, the new owner will also develop the five-story office expansion. The sale is expected to close later this year. The lower portion of the building is currently undergoing a retail redevelopment. Its 23,400 square feet was leased to Coach in February and will become the retailer’s flagship store.

Single-Story, 4,000-Square-Foot Former Military Building Could Get Commercial Conversion, Fort Wadsworth

4:00 pm on April 27, 2016 By Reid Wilson

The National Park Service has issued a Request for Proposals (RFP) for Building 109, a long-vacant, one-and-a-half-story, 4,063-square-foot structure in Fort Wadsworth, located on Staten Island just south of the Verrazano-Narrows Bridge. The proposal seeks to attract a developer that would transform it into commercial space, according to DNAinfo. Potential uses include office space, community facility space for a non-profit, or commercial-retail space. Proposals are due on June 15. It was once used by military personnel. Much of the former military instillation is now federal public park space. The site is a piece of the Gateway National Recreation Area, which is maintained by the National Park Service.

Four-Story, 13,000-Square-Foot Multi-Use Building Planned at 944 Home Street, Longwood

1:00 pm on April 27, 2016 By Reid Wilson

Long Island-based Lion State Management has filed applications for a four-story, 13,047-square-foot multi-use commercial building at 944 Home Street, in the Bronx’s Longwood neighborhood, located a block from the Freeman Street stop on the 2/5 trains. The ground and second floors will host 5,349 square feet of retail space, while the third and fourth floors will contain 5,023 square feet of community facility space, which will be used for medical offices. Suk Hwan Kim’s Flushing-based Design Group In H&K is the architect of record. The 2,675-square-foot site, at the corner of Southern Boulevard, is currently vacant.

Commercial Conversion Possible for Six-Story, 84,650-Square-Foot Industrial Building at 780 East 135th Street, Port Morris

6:00 am on April 22, 2016 By Reid Wilson

Bluestone Group, Altmark Capital, and Princeton Holdings have acquired, for $14.1 million, the six-story, 84,650-square-foot industrial building at 780 East 135th Street, in Port Morris, located five blocks from the Cypress Avenue stop on the 6 train. The previous owner was using the building as a storage facility, although the property is being delivered vacant. The new owners are considering converting it into creative office space or artists’ lofts, according to Commercial Observer. The exact plans for the structure have not yet been finalized or official disclosed.

Fmr. Landmark Catering Hall to Become Self-Storage, Retail, Gas Station at 33 Route 17 South, East Rutherford

10:00 am on April 14, 2016 By Reid Wilson

Morristown, N.J.-based Hampshire Real Estate Companies has acquired the 3.2-acre property at 33 Route 17 South, in East Rutherford, located just west of the Meadowlands. The site is currently occupied by the former Landmark, a 225,000-square-foot, three-room catering facility that closed its doors 2013, and a 55,000-square-foot industrial building. Hampshire Cos. plans to redevelop the property into a 100,000-square-foot self-storage facility, a retail store, and a gas station, according to NorthJersey.com. It’s not known if the existing structures are going to be demolished, although it’s possible that they could be converted to fit the new program.

Renovations Underway on Two-Story, 22,000-Square-Foot Commercial Building at 44-16 23rd Street, Long Island City

2:00 pm on April 13, 2016 By Reid Wilson

In February, news broke that the two-story, 22,254-square-foot commercial building at 44-16 23rd Street, in the Court Square section of Long Island City, was going to be transformed into retail space. The Hakimian Organization, which is ground-leasing the property for 99 years from its property owner, is now conducting gut-renovations on it, The Court Square Blog reported. Plywood fencing currently surrounds the structure, which is will receive both interior and exterior upgrades. The windows on both the ground and second floors will be restored to their original sizes, after they were reduced in size following a previous alteration. JRT Realty, who is the leasing agent, is considering securing a restaurant, retailer, gym, an office tenant, or a mix of the those. Woodside-based Topos Design is the architect of record. Completion can probably be expected later this year.

Six-Story, 70-Unit Residential Conversion Continues at 160 Imlay Street, Red Hook

2:00 pm on April 11, 2016 By Reid Wilson

In September of 2014, renderings were revealed of the six-story, 70-unit residential conversion of the warehouse at 160 Imlay Street, in Red Hook. Construction has been underway since 2014 on the 224,809-square-foot structure, and now the Daily Brooklyn Eagle has the latest update on the progress. The 70-foot-tall structure has yet to receive its windows, but it appears installation may be imminent. The condos should average a spacious 2,648 square feet apiece, and will come in one-, two-, and three-bedroom layouts. Roughly 39,500 square feet of commercial space will be located on the ground and second floors, along with amenities like bike storage, private storage space, a fitness center, and a small parking garage. Est4te Four is the developer, AA Studio is the design architect, and Jeffrey Cole Architects is the architect of record. Completion is expected in the spring of 2017.

Amenities Revealed for Three-Story Office Conversion Planned at 30-02 48th Avenue, Long Island City

11:00 am on April 11, 2016 By Reid Wilson

Back in July of 2015, news broke that Brickman Real Estate and Daniel Loeb were planning to convert the three-story, 160,000-square-foot warehouse at 30-02 48th Avenue, in the Dutch Kills of Long Island City, into office space. DNAinfo now has updated details on the conversion. The building, which will retain its name as The Bindery, will get a 4,000-square-foot lobby featuring space for four food vendors and a communal work area, in addition to amenities like bike storage, a fitness center, a food court, an art exhibit, a cocktail bar, and a roof deck. Filings indicate 69,167 square feet of factory space, spread across all three floors, will remain in the building, while 72,269 square feet will be designated as commercial space. Gut-renovations are expected to begin within the next few weeks. Fogarty Finger is the architect of record.

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