Back in May, YIMBY reported on applications for a 21-story, 71-unit mixed-use building at 145 Madison Avenue, between East 31st and 32nd Streets in Midtown South. According to DNAinfo, Kahen Properties will rent 21 of the residential units at below-market rates, which would satisfy the inclusionary housing bonus and increase the project’s allowable FAR. The latest filings call for a 59,085 square-foot structure, which includes 2,779 square feet of retail on the ground floor and residential units averaging 793 square feet each. The Stephen B. Jacobs Group is the architect of record. Permits have been approved to demolish the existing six-story commercial building.
David Smilow, doing business as an LLC based in Union Square, has filed applications for a six-story, three-unit mixed-use building at 25 Bleecker Street, in NoHo. The project will measure 6,758 square feet and includes a 1,074 square-foot retail portion on the ground floor. The residential units will surely be condominiums, averaging 1,895 square feet apiece. One unit will take up the second and third floors, another will occupy the fourth floor, and a third will span the fifth, sixth, and penthouse levels. Michael Haverland, who is also based in Union Square, is the architect of record. An existing three-story townhouse must first be demolished.
In mid-2014, YIMBY reported on applications for a 13-story, 24-unit mixed-use building at 32-06 Astoria Boulevard, in central Astoria, located a stone’s throw away from the N/Q trains’ stop on the same street. Lambros Houliaras, head of Astoria-based Double T Corp., recently scaled down the project and is now planning a six-story, 27-unit building. The 26,016 square-foot structure would include 4,273 and 743 square feet of retail and medical offices, respectively, on the ground floor. Beginning on the second floor, residential units would average a rental-sized 778 square feet apiece. The building will feature a rooftop terrace, and Long Island-based Constantine Efstathiou is the architect of record.
Herman Weiser, doing business as a Brooklyn-based LLC, has filed applications for a four-story, five-unit mixed-use building at 687 Myrtle Avenue, in northwestern Bedford-Stuyvesant. Located four blocks north of the G train’s stop at Bedford-Nostrand Avs., the 6,036 square-foot project will include 1,681 square feet of ground-floor retail space. Residential units begin on the second floor and will average 871 square feet apiece. One of units on the fourth floor will also feature a fifth-floor penthouse, and Greenwich Village-based De-Jan Lu Architect is the applicant of record. An existing two-story townhouse must first be demolished.
Property Markets Group and the Hakim Organization have purchased the roughly 34,000 square-foot property at 42-50 24th Street, in the Queens Plaza section of Long Island City, for $69 million. The site boasts approximately 270,000 square feet of development rights that could go towards a mixed-use project. The property is currently occupied by a taxi company and their old single-story building, although plans for the future have not been disclosed, per The Real Deal. The same developers recently topped out their 44-story, 391-unit mixed-use project a block to the north at 23-10 Queens Plaza South.