Commercial

Kingsbridge Armory

Delay In State Financing Holds Up Kingsbridge Armory’s Conversion Into Sports Complex, Kingsbridge Heights

Back in October of 2014, the Kingsbridge National Ice Center, led by Kevin Parker and Mark Messier, signed a 99-year lease with the New York City Economic Development Corporation (NYCEDC) to convert the vacant Kingsbridge Armory, at 29 West Kingsbridge Road in Kingsbridge Heights, into an ice sports facility. As planned, the 750,000-square-foot building, an individual landmark, will be converted to accommodate nine ice rinks, one of which will be a 5,000-seat arena, and 50,000 square feet of community facility space. Politico New York now reports the NYCEDC has extended the deadline by a month for the developer to obtain $158 million in construction financing, at which point it would turn over the lease to the developer to begin construction.


29 Norman Avenue

Single-Story, 23,000-Square-Foot Building Being Converted Into Multi-Use Commercial Space At 29 Norman Avenue, Greenpoint

The car company BMW is planning to convert the single-story, 23,000-square-foot warehouse at 29 Norman Avenue, in southern Greenpoint, located five blocks from the Nassau Avenue stop on the G train, into a multi-use commercial building. According to Bedford+Bowery, the property will feature a design studio for MINI (a car brand owned by BMW), a restaurant, creative office space, open public work space, and a gallery. The schedule A also includes an outdoor garden, and the property will reportedly host community events and performances. The conversion is being designed by Brooklyn-based nARCHITECTS. The building is being dubbed A/D/O, which stands for Amalgamated Drawing Office, and a targeted completion date has not been revealed.


360 Third Avenue

Restoration of Coignet Building Complete at 360 Third Avenue, Gowanus

Back in November of 2015, construction was well underway to restore the two-story, 3,000-square-foot former New York and Long Island Coignet Stone Company Building, also known simply as the Coignet Building, an individual landmark located at 360 Third Avenue, in Gowanus. Since then, construction of the new façade has finished and new windows have been installed. DNAinfo reports the project was also recently awarded the Lucy G. Preservation Moses Award by the New York Landmarks Conversancy. Whole Foods Market restored the exterior of the building and has placed the property on the market for $5 million. It could eventually be used as retail or community facility space, although the interiors still have to be gut-renovated. BL Companies is the applicant of record and Jablonski Building Conservation aided in the design process.


139 Ludlow Street

Construction Complete At Five-Story Ludlow House Club, 139 Ludlow Street, Lower East Side

Back in November of 2015, the expansion of the former three-story building at 139 Ludlow Street, on the Lower East Side, topped out at five stories, or 71 feet above street level. Bowery Boogie reports that the project is largely complete, now that the windows have been installed, exterior detailing has finished, and the scaffolding has been removed. The 16,500-square-foot commercial building, dubbed Ludlow House, will eventually house two restaurants and a members-only club, featuring event spaces, lounges, and screening rooms. Princeton Holdings is the developer and Lee Levine’s Hoboken, N.J-based Lee Levine Architects is the architect of record. Opening is expected within weeks, according The Lo-Down.


639 Eleventh Avenue

Reveal For Five-Story, 35,000-Square-Foot Maserati Dealership At 639 Eleventh Avenue, Hell’s Kitchen

Back in February of 2015, YIMBY reported on plans for a five-story, 35,000-square-foot commercial building at 639 Eleventh Avenue, located on the corner of West 47th Street, in Hell’s Kitchen. Now, the Wall Street Journal reports BNF Automotive Group has begun construction on the building, which will house Maserati’s new Manhattan flagship dealership. The structure will sport a rooftop terrace, high ceilings, and a glassy curtain wall. Foundation work is reportedly underway and completion is expected in February of 2017. BNF Automative Group signed a 49-year ground lease for the 5,042-square-foot property, which is owned by Samyon Ruvinsky. CAI Architecture is behind the design and Dome Architecture & Design Group is the architect of record.


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