Helm Equities Cooper LLC has placed their single-story retail building at 85-95 Cooper Street, in Inwood, on the market for $4.25 million, according to DNAinfo. GFI Realty Services is marketing the site, which boasts 13,132 square feet of development potential, the equivalent of a seven-story building on the property.
Earlier this year, YIMBY revealed renderings for the first phase of Essex Crossing, a multi-site mixed-use project on the Lower East Side being developed by L+M Development, Taconic Investment and BFC Partners. Bowery Boogie now reports excavation has begun on the first building, located at 242 Broome Street, where a SHoP-designed 14-story, 55-unit mixed-use building is planned. Splitsville Lanes will occupy the basement, and other retail space is also expected on the ground floor.
A committee assigned to propose changes for Midtown East’s zoning is expected to submit plans with the City by June 30th, hopefully facilitating a rezoning that would be formally crafted by the Department of Planning. The rezoning may give developers a boost in FAR in return for funding transit improvements. Also, developers may be able to transfer air rights from landmarked buildings to other properties within the district as-of-right, according The Wall Street Journal.
The 26-story, 350-dorm-unit Passive House building in the works at Cornell Tech Campus, on Roosevelt Island below the 59th Street Bridge, is now under construction, according to The New York Times. The 270,000 square-foot building, designed by Handel Architects, would be the tallest Passive House building in the world upon completion in 2017. Hudson Companies, Cornell Tech and Related Companies are developing, and the entire $2 billion campus should be built out over the next two decades.
In February, YIMBY brought you news of Greystone & Co.’s planned 12-story, 75-unit mixed-use building at 69 East 125th Street, in northern East Harlem. Now Harlem+Bespoke has an on-site rendering of the project, which will feature 5,640 square feet of retail space, per applications approved in May. Kutnicki Bernstein Architects is designing, and completion is expected in June 2017, per signage. Existing four- and single-story structures, which were filed for demolition in February, must first be removed.
