Office

Chelsea Market

Jamestown Converting Basement of Chelsea Market Into Retail Corridor, Chelsea

2:00 pm on May 31, 2016 By Reid Wilson

Jamestown is planning to convert the basement level of Chelsea Market – a 1.2-million-square-foot, multi-use commercial complex located on the block bound by Ninth and Tenth avenues and West 15th and 16th streets, at 75 Ninth Avenue in southern Chelsea – into retail space. The conversion of the basement would double the retail space of the property to 80,000 square feet, according to Crain’s. The basement would be made into a single corridor similar to how the ground floor is currently configured with retailers. The project is expected to take five years. After the retail expansion, and pending an anchor tenant, the owners plan to vertically expand the complex’s office space by roughly 300,000 square feet. The office plans passed the city’s Uniform Land Use Review Procedure (ULURP) in 2012.

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226 East Main Street

Medical Tech Development Firm’s New Single-Story Headquarters Opens At 226 East Main Street, Smithtown

10:00 am on May 31, 2016 By Reid Wilson

Medical and bio-tech product development consulting firm MIDI has finished construction on their new single-story office and research headquarters at 226 East Main Street, in Smithtown on Long Island, located nearly a mile from the neighborhood’s Long Island Rail Road station. The new building hosts MIDI’s corporate offices, its research, design, and engineering studios, and a prototyping lab. The structure also contains additional science and medical diagnostic spaces, including a Northwell Health imaging center. The $5 million facility was constructed by Stalco Construction and designed by Long Island-based nf architectural designs.

157 13th Street

Office Conversion Planned at Three-Story Industrial Building at 157 13th Street, Gowanus

1:00 pm on May 27, 2016 By Reid Wilson

Co-working and office space provider The Yard is converting the three-story, 24,800-square-foot former industrial building at 157 13th Street, in Gowanus, into modern office space. The company recently signed a lease for the entire property, according to Commercial Observer. After construction, the building will boast conference rooms, art installations, keycard access, a rooftop terrace, and a 1,900-square-foot café. The structure will also be restored and will see new windows, polished floors, exposed brick, and skylights. Completion is expected in November of this year. The property, located at the corner of Third Avenue, is located four blocks from the 4th Avenue-9th Street stop on the F/G/R trains.

19 East Houston Street

Developers Close on Acquisition of 19 East Houston Street, Site of Approved Six-Story Commercial Project, SoHo

10:00 am on May 27, 2016 By Reid Wilson

Back in October of 2014, developers of the planned six-story, multi-use commercial building at 19 East Houston Street, in SoHo, met with city and community officials and agreed to limit the project’s retail space to under 10,000 square feet, as well as widen the sidewalk. That was after the City Planning Commission already approved the proposal with more retail in August of 2014. Last week, Madison Capital and Vornado Realty Trust closed on the purchase of the triangular, 6,174-square-foot development site for $25.8 million from the New York City Economic Development Corporation (NYCEDC), the Wall Street Journal reports. The latest building permits indicate a 98-foot-tall, 41,267-square-foot building is planned. The commercial space will be broken up between 11,500 square feet of retail space on the cellar through second levels, and 22,751 square feet of boutique office space on the third through sixth floors.

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