Mixed-Use

196 Orchard Street

Excavation Begins On 10-Story, 83-Unit Mixed-Use Project At 196 Orchard Street, Lower East Side

Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.


125 Metropolitan Avenue

Seven-Story, 95-Unit Mixed-Use Project Planned At 125 Metropolitan Avenue, Williamsburg

Over a year ago, YIMBY reported on filings for a seven-story, 75-unit residential and retail development at 84 North 3rd Street, in northern Williamsburg. Now, Hudson Companies has landed $47 million in loans to acquire the land and to fund their development, which spans 84-94 North 3rd Street and 112-125 Metropolitan Avenue. The project will actually be two buildings totaling 95 residential units, with 20% set aside for affordable housing, according to Commercial Observer. One building will be six stories and the other seven, and 15,000 square feet of ground-floor retail is expected. Marvel Architects is designing, and ABS Partners Real Estate owns a 50% stake in the property. Completion is slated for late 2017.


S.S. United States

990-Foot-Long S.S. United States Could Be Turned Into Office & Entertainment Complex, Red Hook

John Quadrozzi Jr., owner of the Gowanus Bay Terminal, at 699 Columbia Street in Red Hook, is proposing to sail the deteriorating 990-foot-long S.S. United States to his dock and transform the ship into office space and entertainment facilities, according to The Brooklyn Paper. The vessel has 12 decks and roughly 500,000 square feet of usable floor space, and would be self-sustaining, energy-wise, using solar, wind, and waste energy. The project could cost as much as $200 million, and Quadrozzi is currently in discussions with developers, investors, and government officials.


164-11 Highland Avenue

Four-Story, 10-Unit Mixed-Use Project Coming To 164-11 Highland Avenue, Jamaica Hills

Rey Nieto, head of a Queens-based LLC, has filed applications for a four-story, 10-unit mixed-use building at 164-11 Highland Avenue, in Jamaica Hills, six blocks from the E and F trains’ stop at Parsons Boulevard. The building will measure 12,427 square feet in total, which includes a 3,094 square-foot community facility on the basement level. Residential units above will average 933 square feet. Fei Zeng’s Flushing-based Z&T Engineering is the applicant of record, and demolition on an existing two-story home began earlier this month.


517 West 29th Street

Redevelopment Of Six-Story Warehouse At 517 West 29th Street Planned, Chelsea

Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.


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