The first floor slabs for a new Margaritavile Resort at 560 Seventh Avenue are beginning to rise above the crowded tourist-congested streets and sidewalks of Times Square. The 29-story building will sit at the intersection of Seventh Avenue and West 40th Street. Coming to the property will be a three-story restaurant, an outdoor swimming pool with plentiful seating and beach-themed motifs, and a rooftop bar called the LandShark Bar & Grill. Sharif El-Gamal of Soho Properties is developing the site along with MHP Real Estate Services. The cost to build is expected to be around $300 million.
Leasing is beginning this week for The Enclave, aka 675 Monmouth Street, an upcoming six-story rental property on the border of Jersey City and Hoboken. BNE Real Estate Group, Hoboken Brownstone Company, and McKinney Properties are the three developers while The Marketing Directors is in charge of leasing and marketing for the property’s 260 residences.
The Brooklyn Navy Yard Development Corporation has revealed new renderings of Building 212, a five-story, mixed-use property within the expanding Navy Yard campus. In addition to manufacturing and office space, the 500,000-square-foot building will also house New York City’s first Wegmans supermarket.
Permits have been filed for a four-story mixed-use building at 3-28 Beach 63rd Street in Far Rockaway, Queens. Located via Beach Channel Drive, the through lot is two blocks west of the Beach 60 Street-Straiton Avenue subway station, serviced by the A train. Kinam Han of Honest and Quality Corp. is listed as the owner behind the applications.
Permits have been filed for a seven-story mixed-use building at 371 52nd Street in East Flatbush, Brooklyn. Located between Church Avenue and Snyder Avenue, the corner lot is about half a mile east of the Church Avenue subway station, serviced by the 2 train. Tian Lu of 5120 Realty Corp. is listed as the owner behind the applications.