One Manhattan Papaya King is no more, with demolition permits filed for the former single-story structure at 3 Saint Mark’s Place in the East Village in mid-March. Now, permits have been submitted for a five-story retail and office building in its stead. Saint Mark’s has a vibrant and thriving cultural legacy, featuring a diversity of retail and restaurants. This permit will bring a bit of modernization to the Third Avenue gate to the street. Real Estate Equities Corporation is responsible for the development.
Permits have been filed for a seven-story medical facility at 131-10 Avery Avenue in Flushing, Queens. The site is located next to Flushing Meadows Corona Park, ten blocks away from the Flushing-Main Street LIRR train station and the Main Street subway station, end of the line for 7 trains. The Avery Group will be responsible for the development.
The latest Upper West Side tower designed by Skidmore Owings and Merrill is sealing up. It has ten months since the 33-story residential building at 1865 Broadway topped out, and just now the façade has finally reached the top.
Permits have been filed for an 11-story mixed-use building at 165 Lexington Avenue in Kips Bay, Manhattan. The site is four blocks away from the 33rd Street subway station, serviced by the 6 trains. Lexington Partners, a private equities firm with $38 billion in total assets, will be responsible for the development.
One Wall Street is in the midst of a huge $1.5 billion makeover as the 51-story Art Deco gem is converted from office use into 566 residential units, topped with a triplex that may fetch $40 million. At street level, significant activity can be seen, as parts of the facade have been removed to make way for the retail section in the building that will bring a Whole Foods to the Financial District.