Retail

Former renderings of 1075 West Side Avenue - Rendering of West Side Square - Marchetto Higgins Stieve

Avenir, Three-Building, 486-Unit Mixed-Use Project at 1072 & 1075 West Side Avenue, Approved by Jersey City

Late last month, the Jersey City Planning Board approved Amerestate Holdings’s plans for three new mixed-use buildings, ranging from three to eight stories in height, at 1072 West Side Avenue and 1075 West Side Avenue, located along Broadway in the Marion section of Jersey City. Approval was also granted to combine the development assemblage into a single property, Jersey Digs reported. Across the entire project, dubbed Avenir, 486 residential units are planned in addition to 25,452 square feet of retail space. The stretch of West Side Avenue between Broadway and Fayette Avenue will be de-mapped and transformed into a public plaza. Amenities include a 384-car parking garage and rooftop terraces. The single-story building that was once home to Puccini’s Restaurant, a single-story former textile factory, and a four-story apartment building must first be demolished. Marchetto Higgins Stieve Architects is behind the design. The Journal Square PATH station is located eight blocks away.

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206 Kent Avenue

New Developers Acquire Site Of Planned Commercial Project at 206 Kent Avenue, Williamsburg

Two anonymous entities have acquired, for $33 million, the vacant 22,640-square-foot development site at 206 Kent Avenue, in northern Williamsburg, Commercial Observer reported. That’s the property bound by Kent and Metropolitan avenues and River and North 3rd streets, located a block in from the East River. The previous owner, Alliance Private Capital Group, was planning a 45,000-square-foot mixed-use commercial building with retail space on the ground floor and office space above. In fact, the grocery store Trader Joe’s signed a lease last year for 18,000 square feet of space across the ground and cellar levels. It hasn’t been confirmed if the new owners plan to follow through with the same project. New building applications haven’t been filed.


Seaport Landing

Four Nine-Story Mixed-Use Buildings Planned at 129 Beach 116th Street Assemblage, Rockaway Park

Brooklyn-based Marcal Group is planning to develop four mixed-use buildings – each rising nine stories in height – on an assemblage of development sites located between Beach 115th and 117th streets, in Rockaway Park. That’s a neighborhood along the Rockaways in southern Queens. Dubbed Seaport Landing, the entire project will encompass 240,000 square feet of residential space and 23,000 square feet of ground-floor retail, the Rockaway Times reported. The total number of apartments, all condominiums, wasn’t disclosed, but at least 158 of them will be sold at affordable rates to seniors. The building at 157 Beach 115th Street will contain 58 affordable units and the one at 160 Beach 117th Street will contain 100 affordable units. The two facing Beach 116th Street will be market-rate buildings. Most of the assembled properties are vacant with the exception of 129 Beach 116th Street, which is currently occupied by a single-story commercial building, acquired in 2015 for $5 million. Demolition permits haven’t yet been filed. The Rockaway Park-Beach 116th Street stop on the A train and Rockaway Park Shuttle is two blocks away.


38 West 33rd Street. Photo by nyc1 via the YIMBY Forums.q

41-Story, 223-Unit Mixed-Use Building Rising at 38 West 33rd Street, Midtown South

Construction is now two stories above street level on the 41-story, 223-unit mixed-use building under development at 38-46 West 33rd Street, in Midtown South. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user nyc1. The new building will encompass 220,724 square feet and will top out at 465-feet-tall. There will be 5,721 square feet of ground-floor retail space, followed by residential units averaging 818.6 square feet apiece, which is indicative of rental apartments. The residential amenities are listed in YIMBY’s update in January, when foundation work was underway. The Torkian Group is the developer and Stephen B. Jacobs Group is behind the architecture. Completion is expected in 2017.


810 Fulton Street

New Developer to Build 12-Story, 363-Unit Mixed-Use Building at 810 Fulton Street, Fort Greene

RXR Realty has acquired, for $28.7 million, the leasehold of the development site at 810 Fulton Street, in southern Fort Greene, from GFI Development, Crain’s reported. The previous developer’s plans for a 12-story, 363-unit mixed-use building, filed back in 2014, are what the new developer intends to construct. The city has approved an air rights transfer that will allow the project to grow from seven stories (as-of-right) to 12. The Buildings Department is still in the process of giving those plans the green light, according to the latest filings. The most recent permits indicate the structure will measure 328,047 square feet. Of that, 32,358 square feet will be ground-floor retail, followed by rental apartments on the floors above. The units should average 815 square feet apiece and 20 percent (73 units) will rent at below-market rates. GFI technically worked on the a part of the project’s foundation before the 421-a expired, which means RXR can still benefit from the tax break. Aufgang Architects is behind the design. Construction will resume in the fall, with completion expected by 2019.


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