Permits have been filed for a seven-story residential building at 2332 Loring Place in University Heights, The Bronx. Located at the intersection of West Fordham Road and Loring Place North, the corner lot is a few blocks west of the Fordham Road subway station, serviced by the 4 train. Jay Martino of the Stagg Group is listed as the owner behind the applications.
Scaffolding and black netting shrouds nearly all of 685 Fifth Avenue in preparation for a 100,000-square-foot office-to-condominium conversion. The project will also add ten floors atop the existing 20-story structure, which sits at the corner of Fifth Avenue and 53rd Street. Developed by Michael Shvo’s SHVO in partnership with BLG Holdings and Deutsche Financial, the finished building will stand 350 feet tall and contain 69 condominiums managed by Mandarin Oriental Hotel Group. Marin is the architect of record and designer for the $135 million project with March & White handling the interior designs. Brookfield Properties is in charge of marketing the Fifth Avenue retail space, which is still home to the Coach, Stuart Weitzman, and Tag Heuer flagship stores.
Permits have been filed for a nine-story mixed-use building at 1073 Summit Avenue in Highbridge, The Bronx. Located between West 165th Street and West 166th Street, the through lot is closest to the 167th Street subway station, serviced by the 4, B, and D trains. Stagg Group is listed as the owner behind the applications.
Construction will soon be completed at 730 Hicks Street, a three-story condominium development located in Red Hook, Brooklyn. From developer Shiraz Sanjana, the building comprises 16,000 square feet and will contain 15 residences.
Work is underway to prepare 685 Fifth Avenue for a 100,000-square-foot office-to-condominium conversion. The first batch of scaffolding has been assembled on the northern profile of the address, and a green scaffold board runs along the top of the retail section. The 20-story building will eventually be a 30-story building, with ten additional floors to be built atop the current roof parapet. The residential component will comprise 69 condos, to be managed by Mandarin Oriental Hotel Group. SHVO is the property developer and has partnered with BLG Holdings and Deutsche Financial to spend $135 million on the expansion and conversion of the property, which will stand 350 feet tall and rise 30 stories when complete. Marin was the architect of record and the design architect, with March & White handling the interior design. Brookfield Properties is in charge of marketing the Fifth Avenue retail space.
