Back in June, Kuafu Properties was in contract to purchase the assemblage spanning 143-161 East 60th Street, on the northern edge of Midtown East, and now the Chinese developer has closed on the acquisition, according to Commercial Observer. The site has a nearly 20,000 square-foot footprint, and roughly 280,000 square feet of development potential. Kuafu plans to build a luxury residential tower with a large retail base, although the existing six low-rise buildings must first be demolished.
Joel Schwartz’s Brooklyn-based Southside Units has filed applications for a six-story, 11-unit residential building at 622 Myrtle Avenue, in northwestern Bedford-Stuyvesant, four blocks north of the Classon Avenue stop on the G train. The building will measure 9,408 square feet, which means units will average 855 square feet apiece. A retail unit will also be located in the cellar level, and Queens-based Julien Flander is the applicant of record. A three-story brick townhouse must first be demolished.
Earlier this year, YIMBY revealed the first few renderings of Extell Development’s 252 South Street, on the Lower East Side (in the Two Bridges neighborhood), and now Bloomberg Business has the full reveal for the 80-story tower. Dubbed One Manhattan Square, the building will have more than 800 condominiums, and will feature 50,000 square feet and 40,000 square feet of indoor and outdoor amenities, respectively. Foundation work is well underway, and completion is expected by early 2019. Adam Associates is the architect of record.
In mid-2014, YIMBY reported on applications for a 34-story, 78-unit residential building at 1711-1717 First Avenue/360 East 89th Street, on the Upper East Side, and then we revealed renderings of the project later that year. Now, foundation work is well underway, according to DNAinfo, and a crane can be seen operating on-site. Dubbed Citizen360, the building will feature condominiums ranging from one- to four-bedrooms, as well as 3,558 square feet of retail space on the ground floor. Anbau Enterprises is developing, SHoP Architects is designing, and occupancy is expected by the spring of 2017.
Late last year, YIMBY reported on applications for a seven-story, 23-unit mixed-use building at 97-30 64th Avenue, in Rego Park, two blocks from the subway stop at 63rd Drive on the M and R trains. Now, DNAinfo reports construction is underway, and a rendering has appeared at the site. The building will have condominiums, which will be on the smaller side, averaging 720 square feet. Community facility space will measure 4,000 square feet on the lower portion of the building. Rego Park-based Hang Chen, with CZK Realty LLC, are developing, and Flushing-based Tan Architect is designing.