Over the summer, YIMBY revealed renderings for Related Companies’ planned 13-story, 47-unit residential building at 70 Vestry Street (aka 264 West Street), in Tribeca, and now the developer has landed $200 million in construction loans, provided by Bank of America. The building will measure 154,019 square feet in total, and includes roughly 800 square feet of retail space on the ground floor. Robert A.M. Stern is designing, while Ismael Leyva is serving as the architect of record. Demolition permits have already been approved to raze the site’s existing tenement and low-rise buildings.
Earlier this spring, YIMBY reported on the approval of the planned residential conversion of the 24-story 212 Fifth Avenue, in NoMad, and now the project is underway, according to The New York Times. Madison Equities, Thor Equities, and Building and Land Technology are developing, and 48 condominiums are being carved out of the structure, ranging from two to four bedrooms apiece. Helpern Architects is designing, and a spring 2016 delivery date is anticipated.
Early this year, the New York Daily News reported the landmarked three-story synagogue at 415 East 6th Street, in the East Village, was being partially converted into residential units, and now the structure’s penthouse addition is being constructed, per EV Grieve. The finished structure will stand five stories and measure 8,634 square feet, up from an original 6,344 square feet. The synagogue will continue to operate on the ground floor with 2,000 square feet, but three residential units are being built above, each averaging 2,115 square feet. East River Partners is developing, while Joseph Pell Lombardi is designing.
Demolition wrapped up on a former theater building at 100 Avenue A, in the East Village, late last year, where Ben Shaoul is planning a six-story, 29-unit mixed-use building. Now, the project is finally underway, and the structure is a story above street level, per EV Grieve. The building will total 27,693 square feet, and features 6,355 square feet of retail space on the ground and cellar levels. Residential units will average 736 square feet apiece, and Issac & Stern Architects are designing.
Wonder Works Construction Corp. is planning to add a fifth floor to the existing four-story townhouse at 357 West 17th Street, in southern Chelsea, and transform the building into a 12,000 square-foot mansion, the New York…