Construction has topped out on the 23-story, 120-unit mixed-use building under development at 56 Fulton Street, located on the corner of Cliff Street in the Financial District. Progress on the structure, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the 128,540-square-foot tower stands 237 feet to its main roof, or 272 feet to the top of its bulkhead. There will be 5,865 square feet of retail space on the ground floor, followed by rental apartments, averaging 797 square feet apiece. Twenty percent of the apartments, or 24 units, will rent at below-market rates through the affordable housing lottery. The Parkland Group and Socius Development Group are the developers. Goldstein, Hill & West Architects is behind the design and completion is expected next year.
Woodside-based Sanvito Realty Holding Corp. has filed applications for a seven-story, 19-unit mixed-use building at 25-28 Broadway, located in the heart of Astoria. The project will measure 19,415 square feet and rise 74 feet in height to its roof. It will feature 2,365 square feet of retail space on the ground floor, followed by a 10-car parking garage up to the second floor. The residential units, on floors three through seven, should average 704 square feet, indicative of rentals. Jamaica-based RCGA Architects is the architect of record. The 52-foot-wide, 5,277-square-foot site consists of two lots, one of which is occupied by a two-story office. The other is vacant. Demolition permits have not been filed for the existing structure.
A groundbreaking ceremony has been held for the 28-story, 280-unit mixed-use tower under development at 587 Main Street, in downtown New Rochelle, in southern Westchester County. The project is a redevelopment of the abandoned two-story Loew’s Theater, Westfair reported. The theater’s façade will be preserved and restored, while the performance space will be converted into a 10,000-square-foot black box theater. In addition, the base will include 17,000 square feet of commercial space and a 234-car parking garage. The residential units in the tower will be rentals. RXR Realty, Brause Realty, and ABS Partners Real Estate are the developers. Paulus, Sokolowski and Sartor (PS&S) is the architect and completion is expected in late 2018.
The City Council has voted to approve a 15-story, 400-unit mixed-use development planned at 127 East 107th Street, located on the southern end of East Harlem. The vote essentially represents the completion of the city’s Uniform Land Use Review Procedure (ULURP) for the project, which awaits Mayor Bill de Blasio’s signature. The project, dubbed Lexington Gardens II, will encompass 411,725 square feet and will be built on much of the block bound by East 107th and 108th streets and Park and Lexington avenues.
BK Developers and RYBAK Development have acquired, for $11.5 million, the development site at 88 Withers Street, located on the corner of Leonard Street in northern Williamsburg, Real Estate Weekly reported. The site boasts plans, green-lighted by the Department of Buildings in 2015, for a nine-story, 33-unit mixed-use project measuring 39,815 square feet. The new building would include 2,768 square feet of ground-floor retail space, followed by residential units on the third through ninth floors. The apartments should average 938 square feet apiece, which means either condominiums or rentals could be in the works. Platt Byard Dovell White Architects is the architect. When YIMBY visited the site in the spring, the site’s former single-story warehouse had been demolished.