Mixed-Use

5 West 125th Street

Mixed-Use Building Gets Glassy At 5 West 125th Street, Harlem

6:00 am on August 11, 2015 By Reid Wilson

Excavation was well underway back in 2013, when YIMBY reported on a large commercial project planned at 5-15 West 125th Street, in central Harlem. Since then, the project’s scope has increased from four to six stories, and also now includes a residential component of 30 units. The block-thru building is expected to have 75,000 square feet of commercial space, spanning from the cellar to the third floor, and the shorter 125th Street side is now getting its façade, per Harlem+Bespoke. The taller end on 126th Street is rising at a slower pace. Rosenbaum Design Group is the architect of record.

818 60th Street

Six-Story, Eight-Unit Mixed-Use Project Planned At 818 60th Street, Sunset Park

4:00 pm on August 10, 2015 By Reid Wilson

An anonymous LLC has filed applications for a six-story, eight-unit mixed-use building at 818 60th Street, in southern Sunset Park, a block from the N train’s 8th Avenue stop. The building will measure 11,121 square feet in total, which includes 2,122 square feet of retail space on the ground and cellar levels, in addition to 2,017 square feet of community office space on the ground and second-floor levels. Shiming Tam — based a few blocks away in Borough Park — is the architect of record, and a two-story building must first be demolished.

606 West 30th Street

Developer Acquires Yet-To-Be-Rezoned Site At 606 West 30th Street, West Chelsea

12:00 pm on August 10, 2015 By Reid Wilson

Lalezarian Properties has acquired a warehouse at 606 West 30th Street, in West Chelsea, for $36 million. The site currently has roughly 30,000 square feet of development rights, and is zoned for retail or light manufacturing, but the developer is likely waiting on a rezoning that would allow for residential use. The site is located across from the High Line and Related’s multi-skyscraper Hudson Yards development. [The Real Deal]

581 Fourth Avenue

The Daten Group Planning 12-Story, 65-Unit Condo Building At 581 4th Avenue, Park Slope

6:00 am on August 10, 2015 By Reid Wilson

Late last year, YIMBY brought you news of Rabsky Group’s 12-story, 129-rental-unit building planned at 581 Fourth Avenue, in South Slope, and then renderings surfaced of the Karl Fischer-designed structure over the summer. Now, The Daten Group is paying $24 million for the assemblage, and the 12-story building will instead have 65 condominiums. Kutnicki Bernstein Architects is replacing Fischer, and demolition of the existing low-rise structures at 575-581 4th Avenue and 189-195 Prospect Avenue will begin in the fall. The original permits also included nearly 2,400 square feet of retail space. [The Real Deal]

80 South Street

80 South Street Assemblage Acquired For $390 Million By Chinese Developer, Financial District

3:00 pm on August 7, 2015 By Reid Wilson

A U.S. subsidiary of Beijing-based China Oceanwide Holdings has made a deal with Howard Hughes Corp. to purchase the development site at 80 South Street, in the Financial District, for $390 million, according to Crain’s. Along with the five-story building at 80 South Street, the assemblage includes the 10-story building at 163 Front Street. The site boasts 820,000 square feet of development rights, with residential space allowed to span 440,000 square feet while the remainder designated for some form of commercial space.

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