Property owner Robert Balter has tasked Eastern Consolidated to market the vacant three-story, 4,900 square-foot building at 216 Bowery, in Nolita, according to Commercial Observer. The property is being advertised as a development site, and a new building could measure 15,000 square feet. The marketing team estimates the building is likely to fetch north of $4.1 million.
Over the summer, Tribeca-based DDG broke ground on a 32-story tower at 180 East 88th Street, which will one day by the tallest building above 72nd Street, standing 521 feet to its pinnacle. Now, YIMBY has the first look at what the view from the upper reaches of the tower will entail. The building’s 48 condominiums will feature two-, three- and four-bedroom configurations, and a penthouse duplex will be located on the top two floors. Commercial space will also span 52,000 square feet in the base. HTO Architect is the architect of record, while DDG is designing in-house, and sales are expected to launch this fall.
Last year, Brack Capital Real Estate acquired the 12-story former factory building at 627 Greenwich Street, in the West Village, for $105 million, and now the developer is converting the building into 29 condominiums. The latest plans, filed this past summer, have the building measuring 117,594 square feet, which includes 9,257 square feet of retail space on the ground floor for three commercial units. The 29 condos will average 3,735 square feet apiece, and Issac & Stern Architects are designing.
The Amirian Group and Bridgeton Holdings have begun converting the former 10-story, 50,000 square-foot office building at 396 Broadway, in Tribeca, into a 171-key hotel, according to Crain’s. Rooms will start at $200 per night, which is reportedly below the city’s average of $231. DXA Studio is designing the conversion, and a soft opening is expected at the end of 2016.
Flatiron District-based Sinha Development has filed applications for a seven-story, 27-unit residential building at 336 East 112th Street, in East Harlem, four blocks from the 110th Street stop on the 6 train. The building will measure a total 21,658 square feet, which means units will average 802 square feet apiece. Tribeca-based TRA Studio Architecture is the architect of record, and the site’s former single-story building was demolished earlier this year.