Retail

129 Beach 116th Street

Developer Purchases Mixed-Use Development Site At 129 Beach 116th Street, Rockaway Park

An anonymous LLC affiliated to Brooklyn-based Marcel Group has purchased the relatively large block-thru development site at 129 Beach 116th Street, in Rockaway Park, located a block south of the Rockaway Park – Beach 116th Street stop on the A and Rockaway Park Shuttle trains. According to DNAinfo, the developer paid $5 million for the site, which is currently home to a vacant single-story structure. The property could accommodate an eight-story, 114,000 square-foot mixed-use building with up to 16,000 square feet of retail space.


660 Madison Avenue

Partial Residential & Hotel Conversion For 22-Story Building At 660 Madison Avenue, Lenox Hill

The Safra family’s JSRE Acquisitions has filed applications to convert part of the 22-story, 475,000 square-foot mixed-use commercial building at 660 Madison Avenue, in Lenox Hill between East 60th and 61st Streets, into residential and hotel units. Beginning on the 10th floor, there will be 54 dwelling units added in total. The hotel portion will be located from floors 10 through 15, although it’s not specified how many of the 54 dwelling units will be part of the hotel. Regardless, the remaining units will be residential and will be located throughout floors 10 through 22. Roof terraces already exist on many of the floors and the top two floors will consists of duplex units.

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205 Smith Street

Reveal For Two-Story, 19,800 Square-Foot Retail Project At 205 Smith Street, Boerum Hill

Late in 2014, filings were submitted to expand the single-story, 9,916 square-foot commercial building at 205 Smith Street, in Boerum Hill, to 19,832 square feet, thanks to the addition of a second floor. Brownstoner now has a rendering the project, which will be entirely retail and reportedly the new home of a supermarket. Jackson Group, Aurora Capital Associates, and ACHS Management are developing, while Think Architecture & Design is the architect of record. A completion date has not yet been disclosed.


220-10 Northern Boulevard

Three-Story, 40,000 Square-Foot Retail Building Planned At 220-10 Northern Boulevard, Bayside

RKF has been tapped to market the retail space in the planned three-story, 39,620 square-foot commercial development at 220-10 Northern Boulevard, in southern Bayside, according to Real Estate Weekly. The building will be be exclusively retail, with each floor boasting between 11,000 and 12,000 square feet of leasable space. A basement level will contain roughly 4,900 square feet of space. The retail structure will sit on the corner of 223rd Street and a connected 220-car parking garage will extend eastward up the sloped lot. A Burger King restaurant will first have to be demolished.


159 Ludlow Street

Reveal For Two-Story Retail Building At 159 Ludlow Street, Lower East Side

Late last summer, YIMBY reported on applications for a two-story, 2,126 square-foot retail building at 159 Ludlow Street, on the Lower East Side, and now Bowery Boogie has the project’s reveal, which will take the form of a glassy structure. Hesky Haim and Continental Worsteds are the developers, and DXA Studio is designing the project, which it calls the ‘glass box’. The building appears to include some form of rooftop garden, and will be available as event space. The lot is currently vacant and construction is expected to begin in 2016.


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