Commercial

206 Kent Avenue

Trader Joe’s Leases Space In Planned Office Building At 206 Kent Avenue, Williamsburg

Trader Joe’s has leased 18,000 square feet in Alliance Private Capital’s planned 45,000 square-foot mixed-use commercial building, which will include offices on the upper levels, at 206 Kent Avenue, a block in from the East River in Williamsburg. According to Crain’s Business, the grocery store will take space on the ground and basement levels. New building applications have not yet been filed, but the lot is currently vacant; the site’s former two-story warehouse was demolished in 2013.


Clubhouse At Ferry Point Park

Nearly 19,000 Square-Foot Clubhouse Filed At Ferry Point Park, Throggs Neck

The NYC Parks Dept. has filed applications for the clubhouse in Ferry Point Park, at 300 Hutchinson River Parkway, located in Throggs Neck. The Trump Organization is developing the single-story structure, which will measure 18,830 square feet, and will include multiple bar/grills, dining rooms and a pro shop. Renderings of the Hart Howerton-designed structure were revealed a few weeks ago, and completion is scheduled for the first half of 2016.


541 West 21st Street

Eight-Story Commercial Building At 541 West 21st Street Hits the Market

The eight-story, 65,000 square-foot warehouse at 541 West 21st Street, in West Chelsea, has been placed on the market as a redevelopment site. The property could be worth more than $65 million, according to Crain’s Business. The commercial property is primed for a hotel or office conversion. Property owner Erno Bodek has tasked Meridian Investment Sales and Rosewood Realty Group with marketing the property.


Staten Island Mall

418,000 Square-Foot Staten Island Mall Expansion Approved

Last Summer, YIMBY brought you news of General Growth Properties’ plans to expand the 1.2 million square-foot Staten Island Mall, at 2655 Richmond Avenue, by 418,000 square feet. Perkins Eastman is designing, and the first renderings of the expansion were released in February. Now, per Commercial Observer, the City Planning Commission has approved the project, and updated renderings are available. Construction will begin once the DOB green-lights the building permits, and completion is expected in 2017.


2440 Fulton Street

Developer Acquires 2440 Fulton Street, Site With Commercial Potential, Ocean Hill

Abe Leser’s Mapleton Group has acquired the two-story, 115,000 square-foot commercial building at 2440 Fulton Street, in Ocean Hill — within walking distance of Broadway Junction and LIRR’s East New York station — for $33 million. The property has 40,000 square feet of available air rights, but could accommodate a new commercial building of 155,000 square feet if demolished. Plans for the site have not yet been disclosed, according to The Real Deal.


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