Permits have been filed for a new 22-story commercial building at 124 East 14th Street, in Manhattan’s East Village. The site is the former retail space of the P.C. Richard & Son appliance shop, which closed their two-story, 20,000-square-foot location last winter. Since 2015, the city’s Economic Development Corp. has been soliciting proposals to redevelop the prime city-owned site, particularly those that include new office space for up and coming business tenants in creative and tech industries in the neighborhood.
New York City Economic Development Corporation
Construction is now underway on a Phase I of a sprawling, mixed-use development in Coney Island, Brooklyn. Located at 1709 Surf Avenue, the complex will eventually deliver 1,000 residential units, 150,000 square feet of retail space, and around 80,000 square feet of office area.
The groundbreaking ceremony has officially taken place for the construction of the Edenwald YMCA in The Bronx. The NYC Planning Commission approved construction for the building this May. Located at 1250 East 229th Street, the site is five blocks away from the Baychester Avenue subway station, serviced by the 2 and 5 trains. The New York City Economic Development Corporation (NYCEDC) is the developer.
The NYC Ferry system has announced two expanded routes which will now include the Lower East Side, Manhattan, and The Bronx. The expanded service arrives as a joint initiative with The New York City Economic Development Corporation (NYCEDC) and Hornblower, a private cruise and charter company that operates NYC’s ferry network.
New renderings are out for Bedford Union Armory’s redevelopment in Crown Heights, Brooklyn. BFC Partners and the nonprofit NYC Economic Development Corporation, whose mission is to spur economic growth in the city, will be developing the project jointly. The site is three blocks from the 2, 3, 4, and 5 subway trains at the Franklin Avenue station. Permits filed four months ago for a fifteen-story building are still pending approval.