Manhattan

2211 Third Avenue

10-Story, 93-Unit Mixed-Use Building Breaks Ground At 2211 3rd Avenue, East Harlem

10:00 am on August 11, 2015 By Reid Wilson

At the beginning of 2015, YIMBY revealed renderings for HAP’s planned 10-story, 93-unit mixed-use building at 2211 Third Avenue, in East Harlem, and now the developer has broken ground on the project, Real Estate Weekly reports. In the 120,000 square-foot building, commercial-retail space on the bottom floors will measure 26,000 square feet. A community facility on the ground floor will also take up 1,000 square feet. Twenty percent of the apartments will be let at below-market rates, and Karl Fischer is designing.

144 Fulton Street

Crown Acquisitions Purchases Retail Property At 144 Fulton Street, Financial District

6:30 am on August 11, 2015 By Reid Wilson

Crown Acquisitions has purchased the three-story retail building at 144 Fulton Street, in the Financial District, for $25 million, according to New York Daily News. Plans for the property have not been disclosed, but the site is primed for redevelopment, and has some of the best transit access in New York, directly adjacent to the Fulton Center and just two blocks from the WTC Transit Hub.

5 West 125th Street

Mixed-Use Building Gets Glassy At 5 West 125th Street, Harlem

6:00 am on August 11, 2015 By Reid Wilson

Excavation was well underway back in 2013, when YIMBY reported on a large commercial project planned at 5-15 West 125th Street, in central Harlem. Since then, the project’s scope has increased from four to six stories, and also now includes a residential component of 30 units. The block-thru building is expected to have 75,000 square feet of commercial space, spanning from the cellar to the third floor, and the shorter 125th Street side is now getting its façade, per Harlem+Bespoke. The taller end on 126th Street is rising at a slower pace. Rosenbaum Design Group is the architect of record.

189 Avenue C

10-Story, 35-Unit Rental Building At 189 Avenue C Converted To Condos, East Village

12:30 pm on August 10, 2015 By Reid Wilson

The 10-story, 35-unit rental building at 189 Avenue C, in the East Village, is undergoing a condo conversion, according to EV Grieve. Douglas Elliman is marketing the units, and the first few are available for purchase and immediate occupancy. Existing tenants are not obligated to purchase their unit and can remain tenants without fearing eviction. Before the condos launched earlier this month, the building changed hands for $32.5 million.

606 West 30th Street

Developer Acquires Yet-To-Be-Rezoned Site At 606 West 30th Street, West Chelsea

12:00 pm on August 10, 2015 By Reid Wilson

Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]

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