Last Fall, YIMBY revealed renderings of the ODA-designed 32-story, 682-unit mixed-use building planned at 1800 Park Avenue, in East Harlem. Excavation is currently underway, but now its developer, Continuum Company, is planning to sell the development site, according to the New York Post. The property, located at the Harlem-125th Street stop on Metro North and the 4, 5 and 6 subways, is expected to go for $150 million. Current plans also include 80,000 square feet of retail space.
Renderings have surfaced of Six Sigma’s planned eight-story, six-unit condominium building at 435 West 19th Street, in Chelsea. According to Curbed, the existing five-story building will be converted and expanded, and Pei Partnership Architects is designing. Residential units will average over 4,000 square feet and will share a slew of luxury amenities.
At 455 West 19th Street, in Chelsea, a single-story warehouse is expected to be redeveloped into an 11-story, nine-unit mixed-use building, according to Curbed. The building will measure 27,480 square feet in total, which will include 1,145 square feet of old warehouse space retained on the ground floor. Units will average a condo-sized 2,925 square feet. NYC Prince LLC is the developer, and Paik Architecture is the architect of record.
Apex Real Estate Investments recently purchased the properties spanning 257-259 3rd Avenue, in Gramercy, expanding an assemblage that now includes 253-261 3rd Avenue. Now Alfa Development is in contract to acquire the development site for $69.6 million. Condominiums are most likely planned for the site, which boasts roughly 90,000 square feet of building potential. Demolition permits were filed in 2014 for the three-story building at Nos. 253-255, although none are on file for the three- and five-story buildings at Nos. 257-261.
Nelson Management Group and L+M Development Partners are conducting a top-down renovation of the 32-story, 318-unit former affordable housing tower at 150 West 225th Street, in Manhattan’s Marble Hill. The outdoor deck abutting Spuyten Duyvil Creek will receive an extensive overhaul, featuring green space and cabanas. Dubbed The Promenade, the majority of the units are currently rent stabilized, but units are allowed to be converted into market-rate rentals if vacated, according to the Daily News. Renovations should wrap by 2016.