Earlier this year, YIMBY reported on applications for a 29-story commercial building at 560 Seventh Avenue, between West 40th and 41st Streets near Times Square, and over the summer, the developer finished assembling the air rights. The Real Deal has the first glimpse of the planned Dream Hotel, which will include 167 units, per the latest filings. Retail space will total 15,463 square feet in the 118,508 square-foot building. Stonehill & Taylor Architects is designing and UAP North America is crafting a metal screen attachment for part of the three-story podium. Soho Properties, MHP Real Estate Services, and Hampshire Hotels Group are developing, and completion is expected in early 2018.
Aby Rosen’s RFR Realty has filed applications to convert and expand the 4.5-story building at 11 Bond Street, in NoHo, into a commercial property fit for a single retail tenant, according to Bowery Boogie. The 16,410 square-foot building, which also goes by 348 Lafayette Street, is currently a women’s shelter operated by the Center of Urban Community Services. Annabelle Selldorf is designing the project, which would require approval from the Landmarks Preservation Commission. Aby Rosen acquired the property for $26 million over the summer.
An over century-old commercial building in SoHo will see new life as a mixed-use building, thanks to the Landmarks Preservation Commission, which approved the conversion on Tuesday. 10 Greene Street, located between Canal Street and Grand Street, will become home to four residential units atop ground floor retail. There will also be restorative work and a rooftop addition.
On Thursday, the Landmarks Preservation Commission continued its effort to address its 95-item backlog. In the third of four sessions devoted to the effort, the first groups of properties in Manhattan received public hearings. Among the items in the first group of the day was the former IRT powerhouse on West 59th Street. Support for designation was almost universal, save for two representatives of the building’s current owner – Con Edison.
A year ago, Lalezarian Properties put a pair of four-story buildings on Charlton Street in Hudson Square on the market for $50 million. No one paid that hefty price, and now principal Kevin Lalezarian has decided to develop the site between Hudson and Greenwich Streets himself.