CW Realty Management has entered into contract to acquire, for $45 million, the development assemblage at 187-201 Kent Avenue and 48-50 North 3rd Street, located three blocks in from the East River in northern Williamsburg. The plan is for a 140,000-square-foot mixed-use building with retail space and rental apartments, The Real Deal reported. Retail will be located on the ground and cellar levels, and there will also be a parking garage. The number of units is unknown at this time. The 23,150-square-foot assemblage is currently occupied by one- and two-story warehouses, one of which is currently used as event space. Demolition permits haven’t been filed.
A 33-story, 179-unit mixed-use building has reached its peak at 520 West 30th Street. Construction officially topped off on August 18th, according to a spokesperson for the developer, Related Companies. Photos posted to the YIMBY forums by JC_Heights and Tectonic show that structure’s frame is being filled out and installation of the glassy facade appears about halfway complete.
Since it was two stories above street level in early June, the 21-story, 95-unit mixed-use building under construction at 221 West 29th Street, in northern Chelsea, has topped out, as seen in photos posted to the YIMBY Forums. The structure measures 105,337 square feet and rises 210 feet above street level, not including the bulkhead. There will be 671 square feet of retail space, big enough for a single store, followed by residential units on the second through 21st floors. The apartments will be rentals, averaging 828 square feet apiece, of which 19 (20 percent of the total) will rent at below-market rates through the affordable housing lottery. CBSK Ironstate — a team comprised of SK Development, CB Developers, and Ironstate Development — is the developer. Goldstein, Hill & West Architects is behind the architecture. Occupancy is expected in 2017.
Queens Village-based Atari Realty has filed applications for an eight-story, five-unit mixed-use building at 571 Classon Avenue, located in the southwestern corner of Bedford-Stuyvesant. The project will measure 10,623 square feet. It will contain 1,149 square feet of ground-floor retail space, followed by full-floor-plus residential units on the second through eighth floors. The apartments should average 1,248 square feet, indicative of condominiums. Gerald J. Caliendo’s Briarwood-based architecture firm is the architect of record. The 2,264-square-foot property is currently vacant. The Franklin Avenue-Fulton Street stop on the A and C trains and Franklin Avenue Shuttle is around the corner.
An over century-old little building on the Upper West Side will officially bite the dust. On Tuesday, the Landmarks Preservation Commission approved the demolition of the three-story building at 466-468 Columbus Avenue, and the construction of a new mixed-use building in its place.