In the summer of 2015, iStar Financial and Coney Island USA received the green light to begin renovation work on the dilapidated three-story, 56,300 square-foot Childs Building, an individual landmark, at 3052 West 21st Street, on Coney Island. The building will be anchored by a restaurant but will also have community space and a rooftop terrace. An interconnected 5,000-seat amphitheater is also planned on the adjacent lot. The New York Times now reports construction is finally underway on both the Childs Building and the performance venue, and the amphitheater’s metal framework can be seen taking shape. The complex is expected to be complete later this year. The developer are leasing the land from the city through a 10-year contract.
Simon Baron Development has acquired the two-story commercial property at 12 Franklin Street, in southern Greenpoint, for $24 million, according to The Real Deal. Located six blocks from the Nassau Avenue stop on the G train, the property is within the proposed Enhanced Business District, which would allow developers to trade light manufacturing space for extra office space in the North Williamsburg Industrial Business Zone. Before proposing to build anything, Baron is waiting to see how well the proposed rezoning works. Under current zoning, the property could accommodate a new 55,500 square-foot commercial building, or if community facility space is included, a 133,320 square-foot building.
The Jackson Group and A&H Acquisitions have sold the 1,630 square-foot development site at 71-53 Austin Street, in Forest Hills, to Austin Prop LLC for $8.7 million. According to Commercial Observer, the Little Neck-based investor plans to build a commercial building with a ProHealth urgent care medical facility. The vacant site can accommodate a new development of up to 20,000 square feet, although it appears a 12,000 square-foot building is planned. ProHealth signed a lease to occupy 75 percent of the project back in 2013. The site is located three blocks from the Forest Hills – 71st Avenue stop on the E, F, M, and R trains.
In Mayor Bill de Blasio’s State of the City speech given last Thursday, a significant mixed-use development initiative was proposed that would transform Governors Island, which measures 172 acres in the Upper Bay just off the southern tip of Manhattan, into a year-round community. According to Politico New York, the car-free island has 900,000 square feet of development potential on 33 acres, and the mayor is seeking to utilize it to build cultural, educational, and commercial properties. The project will be handed over to the Trust For Governors Island and a Request for Proposals (RFP) should be launched later this year. Construction could begin as soon as 2019, although the Hills, a 10-acre man-made park designed by West 8, is slated to open this summer. The National Park Service oversees two 19th century forts (22 acres) on the island and roughly 92 acres on the historic northern end is a U.S. National Historic Landmark.
In late 2013, YIMBY reported on applications for New York University Langone Medical Center’s planned Helen L. and Martin S. Kimmel Pavilion hospital expansion at 400-424 East 34th Street, located on the corner of the FDR Drive in Kips Bay. Now, Tectonic has photos of the structure and it’s 12 stories above street level and rising. The new hospital wing, which will connect to Tisch Hospital, will stand 21 stories in height and measure 830,000 square feet. The medical facility will feature single-bed inpatient rooms, procedural and operative rooms, conference rooms, and amenities like children’s play areas and a café. It will also share the same support services with the rest of the campus. Ennead Architects is designing and completion is expected in 2018.