Tishman Realty is planning a $65 million renovation on the four-story, 240,000-square-foot commercial-retail building at 247 West 42nd Street, in the Times Square section of Midtown. The 400-foot-long structure, which includes the retail space under the Westin Hotel at the corner of Eighth Avenue, will receive a more streamlined and modern façade, with billboard advertisements. The property owner plans to keep some existing tenants while replacing others, Crain’s reported. Construction is expected in 2018, with occupancy anticipated in 2019.
An anonymous Midtown South-based LLC has filed applications for a four-story, two-unit mixed-use building at 121 Meserole Avenue, in the heart of Greenpoint. The project will measure 7,803 square feet. It will include 1,657 square feet of retail space, for an art craft stop on the ground floor, followed by two apartments across the second through fourth floors, plus an upper penthouse level. The apartments should average 2,028 square feet apiece, which means condominiums are likely in the works. Freeport, N.Y.-based Zambrano Architectural Design is the architect of record. The 1,905-square-foot site is occupied by a two-story structure. Demolition permits were filed in October.
Construction has topped out on the 10-story, 428-unit mixed-use building under development at 30-02 39th Avenue, in the Dutch Kills section of Long Island City. Progress on the structure, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the project encompasses 413,138 square feet and rises 123 feet to its main roof. There will be 3,181 square feet of retail space on the ground floor, followed by 428 residential units across the ground through 10th floors. The apartments should average 679 square feet apiece, indicative of rentals. The Lightstone Group is the developer and Gerner, Kronick + Valcarcel (GKV Architects) is the architect. Completion is expected later this year.
It’s been a little over four months since we checked in on the construction at 153 Remsen Street, in Brooklyn Heights. Now, scaffolding removal is underway at the 19-story, 60-unit building between Clinton and Court streets. The progress can be seen thanks to a photo sent to YIMBY by prolific construction chronicler Tectonic. Quinlan Development and Lonicera Partners are the developers. Navid Maqami’s S9 Architecture is responsible for the design.
The Lightstone Group is now exploring market demand for a 244-unit condominium tower at its Financial District development site at 130 William Street. The developer is abandoning previous plans, filed in March 2015, for a 50-story residential-hotel tower, The Real Deal reported. The latest building applications at the Department of Buildings have been amended to reflect the change in plans. Although the number of units don’t match reports, the latest filings detail a 61-story, 188-unit tower with 15,373 square feet of retail across the cellar through second floors. The structure would measure 386,588 square feet and rise 750 feet in height. Goldstein, Hill & West Architects is the architect of record.