New renderings have been published of Essex Crossing‘s 150,000 square-foot bi-level market, dubbed Market Line, per Curbed. The food market will span under Norfolk and Suffolk Streets, on the Lower East Side, connecting to three separate buildings planned on different blocks within the development. The future location of the Essex Street Market will feature an above-grade, two-level promenade, in addition to 9,000 square feet of garden space. A slew of retail options will be made available, in addition to the previously disclosed attractions, including a Regal Cinema and bowling ally. SHoP is designing the Market Line component.
Jintun Yang, operating under an LLC, has filed applications for a six-story, eight-unit mixed-use building at 982 50th Street, in Borough Park, seven blocks from the Fort Hamilton Parkway stop on the D train. The building will measure 7,583 square feet, and includes 1,591 square feet for a daycare facility on the ground and cellar levels. Residential units will begin on the second floor and average 749 square feet. Brooklyn-based Shiming Tam is the architect of record, and a two-story townhouse must be demolished before construction begins.
Midtown Equities has tasked Cushman & Wakefield to market the development site at 205 Montague Street, in Downtown Brooklyn, for more than $200 million, according to Crain’s. The property boasts 300,000 square feet of development rights, and the developer has drafted plans for a 44-story residential tower as well as a 62-story version. A relatively small portion of commercial space is included in the base of the tower, where a five-story office and retail building currently sits. Midtown Equities acquired the site for $33 million in 2010.
Fortis Property Group is proposing to build an as-of-right 260,000 square-foot student dormitory on the corner of Henry and Amity Streets, in Cobble Hill, according to Politico. The developer acquired the Long Island College Hospital complex from SUNY for $240 million, and is currently seeking a rezoning for the property, which would include senior housing, park space, and a public school. Fortis has also drafted plans for an as-of-right 35-story residential tower in addition to the dormitory, which would have hundreds of beds. Fortis’ plans for a five-story medical facility and eight townhouses have already been filed with the DOB.
Over the summer, Silverstein Properties began demolishing the low-rise commercial building at 520 West 41st Street/514 Eleventh Avenue, in Midtown West, to make way for a 1,400-unit mixed-use development. Now, the developer has tasked CBRE to market and sell the property, which could potentially be worth close to $500 million, according to Crain’s. The project is currently being processed through ULURP, as a rezoning is required, and Silverstein eventually agreed to allot 375,000 square feet for affordable housing. YIMBY revealed the original proposal in July of 2014.