Mixed-Use

Madison Equities In Contract For Development Site At 45 Broad Street, Financial District

6:00 am on August 4, 2015 By Reid Wilson

In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.

Four-Story, 10-Unit Mixed-Use Building Filed At 25-34 Steinway Street, Astoria

2:00 pm on July 31, 2015 By Reid Wilson

Mark Misk, head of Nikomar Homes, has filed applications for a four-story, 10-unit mixed-use building at 25-34 Steinway Street, in central Astoria, located 10 blocks from the N/Q train’s 30 Avenue stop. The building will measure 14,280 square feet in total, featuring 4,755 square feet of retail space on the ground floor; residential units will average an accommodating 952 square feet each. Chris Papa’s CVP Architect is the applicant of record, and an existing two-story building must first be demolished.

New Building Likely Planned At 2255 Broadway, Upper West Side

6:00 am on July 31, 2015 By Reid Wilson

The three-story commercial building spanning 2251-2259 Broadway, at West 81st Street on the Upper West Side, is expected to be demolished to make way for a new development, according to West Side Rag. The retail tenants are currently in the relocation process, and developer Alchemy Properties is leasing the property from the owner. Building applications and demolition permits have not been filed yet, although the property’s unused air rights were subdivided from the existing structure in April.

Six-Story, 10-Unit Mixed-Use Project Planned At 4016 7th Avenue, Sunset Park

3:00 pm on July 30, 2015 By Reid Wilson

Ritz Realty NY Corp. has filed applications for a six-story, 10-unit mixed-use building at 4016 7th Avenue, in northern Sunset Park, three blocks from the D train’s 9th Avenue stop. The building will total 9,330 square feet, and will include 1,140 square feet of community facility space on the ground and cellar levels. Beginning on the second floor, residential units will average 820 square feet. Jung Wor Chin is the architect of record, and the existing two-story, two-unit townhouse must first be demolished.

Three-Story, Four-Unit Mixed-Use Building Filed At 150-30 12th Avenue, Whitestone

2:00 pm on July 30, 2015 By Reid Wilson

Property owner Andy Ho, operating under an anonymous LLC, has filed applications for a three-story, four-unit mixed-use building at the vacant lot of 150-30 12th Avenue, in northern Whitestone. The building will measure a total 8,490 square feet, which includes 4,100 square feet of retail/office space on the ground and cellar levels, and an 1,225 square-foot school on the second level. The four residential units will average 792 square feet, and Angelo Ng + Anthony Ng Architects Studio is the applicant of record.

Seven-Story, 49-Unit Mixed-Use Building Coming To 32-35 Linden Place, Flushing

11:00 am on July 30, 2015 By Reid Wilson

Last year, YIMBY reported on filings for a 48-unit mixed-use development — broken up into eight small buildings — at 32-35 Linden Place, in downtown Flushing, but now the developers, Latimer & Linden Management Corp., have filed for a single structure. A seven-story, 49-unit building is now planned, and 11,187 square feet of heath care facilities will take up the ground and second floors. The residential units, averaging 672 square feet each, will take up floors three through seven. Peter Casini is the new architect of record. The site’s single-story predecessor was demolished in 2008.

1580 Nostrand Avenue Hits Market, Site Of Hello Living’s Planned 23-Story Ziggurat, Flatbush

6:00 am on July 30, 2015 By Reid Wilson

Last summer, YIMBY reported on applications for a 23-story, 153-unit mixed-use building at 1580 Nostrand Avenue, in Flatbush, and then we revealed renderings of the project this past March. But developer Hello Living has now placed the site on the market for $28 million, according to the Daily News. The 173,546 square-foot structure has been approved by the DOB, and the site’s former single-story warehouse was demolished earlier this year.

Five-Story, Two-Unit Mixed-Use Project Filed At 728 Prospect Place, Crown Heights

2:00 pm on July 29, 2015 By Reid Wilson

Dafna Development Group has filed applications for a five-story, two-unit mixed-use building at the vacant lot of 728 Prospect Place, in western Crown Heights, equidistant from subways stations serviced by the 2/3/4/5 and A/C trains. The building will total 4,440 square feet in total, with 1,425 square feet of retail space on the ground floor. Two duplex units will split the upper four levels, penthouse included. Suresh Manchanda’s L&C Associates is the architect of record.

Development Site Assembled At Fulton Street & Flatbush Avenue, Downtown Brooklyn

6:30 am on July 29, 2015 By Reid Wilson

RedSky Capital recently acquired the three-story commercial building at 585 Fulton Street, in Downtown Brooklyn, for $13 million, and now owns the entire triangular block spanning 565-591 Fulton Street and 398 Flatbush Avenue Extension (excepting the four-story building at 571 Fulton Street). The assemblage currently has 280,000 square feet of development rights, but if No. 571 is acquired, that figure would increase to 330,000 square feet, according to The Real Deal.

Air Rights Assembled For 29-Story, 238-Key Hotel At 560 7th Avenue, Midtown

6:00 am on July 29, 2015 By Reid Wilson

Soho Properties, MHP Real Estate Services and Hampshire Hotels Group have closed on the purchase of 19,772 square feet of air rights for their planned 29-story, 384-foot mixed-use commercial building at 560 7th Avenue, in Midtown (at 40th Street), according to Commercial Observer. A 238-key Dream Hotel is planned, which will also feature retail space on the ground & second floor, and restaurants on the third floor and cellar level. Stonehill & Taylor Architects is designing, and demolition of the existing six-story building is expected to commence by the end of this year.

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Mixed-Use

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