Landmarks


325 Henry Street

New Rendering Of Four-Story, Eight-Unit Mixed-Use Project At 325 Henry Street, Cobble Hill

Back in December of 2014, YIMBY reported on the Landmarks Preservation Commission approval of the four-story, eight-unit mixed-use building at 112 Atlantic Avenue, in northern Cobble Hill (within the Cobble Hill Historic District), after initial plans for the site were rejected the month before. Curbed NY now has a new rendering of the project, which is reportedly now under construction and using the address 325 Henry Street. The latest filings describe a 25,244-square-foot structure with 6,000 square feet of ground-floor retail space. The condominium units will begin on the second floor and should average a very spacious 2,169 square feet apiece. There will also be six bike storage spaces and an eight-car automated parking garage in the cellar. BKSK Architects is designing, and Avery Hall Investments and OTL Enterprises are the developers. Completion is probably expected later this year or in 2017.


275 West 10th Street

13-Story, 42-Unit Condominium Conversion Refinanced At 275 West 10th Street, West Village

Back in June of 2014, Starwood Capital Group and Naftali Group filed applications to convert the 13-story, 145-unit rental building at 275 West 10th Street, in the West Village, into 38 condominium units. Now, the developers have secured a $65.9 million loan for the project, dubbed the Shephard, according to The Real Deal. The property sits within the Greenwich Village Historic District Extension, so any exterior alterations to the structure would have to be approved by the Landmarks Preservation Commission. As filed, the building will see its residential space reduced from 139,547 to 136,948 square feet. The condominium units will average a very spacious 3,604 square feet apiece, some of which include penthouse and duplex units. Amenities include a library, a spa, a recreation room, and a fitness center. Beyer Blinder Belle is the design architect and Gachot Studios is the interior designer. The conversion is expected to be complete in 2017.


Smaller Addition to 1143 Fifth Avenue Still A No-Go At Landmarks

Back in November, we reported on a proposal to take a seven-story residential building at 1143 Fifth Avenue, between East 95th and 96th streets in the Carnegie Hill Historic District, and enlarge it to 13 stories. That really didn’t go over well with neighbors and preservationists, and the Landmarks Preservation Commission didn’t approve it. Last Tuesday, a new proposal, one that would have the existing one-story addition rebuilt as a two-story addition, also did not pass muster with the commissioners.

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Construction Underway At Bottega Veneta’s 740 Madison Avenue Boutique, Upper East Side

Construction of the 24,000-square-foot Bottega Venetta boutique store is in full swing at the intersection of Madison Avenue and East 64th Street. The retailer will occupy 740 Madison Avenue along with 23 and 25 East 64th Street. It acquired the property from the Wildenstein family of international art dealers in the fourth most expensive lease of 2014, with an estimated rent of $8 million. Sitting one block east of Central Park and a few blocks north of the Billionaires’ Row rising along 57th Street, the site is within the Upper East Side Historic District, meaning that the developer had to engage in a delicate design and approval process before starting work on the three 19th century buildings.

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