Normandy Real Estate Partners and Princeton Holdings LLC have acquired the 160,000 square-foot low-rise industrial property at 333 Johnson Avenue in East Williamsburg for $26.75 million. The complex will be converted into a mixed-use commercial complex, featuring offices and retail. DNAinfo also reports the inclusion of a 40,000 square feet of outdoor space, and completion is expected in early 2016.
DNAinfo reports Cayuga Capital acquired the single-story warehouse building at 321 Starr Street, at the northern tip of Bushwick, for $9 million, and plans to expand the building to accommodate multiple commercial tenants. MetroRock Climbing is already expecting to open a 23,000 square-foot facility in the building in spring of 2016, and future tenants will be revealed later on.
Foot Locker has leased 36,000 square feet of retail space at 1460 Broadway — dubbed 8 Times Square — a 16-story commercial building in Midtown, reports the New York Post. The building is currently being renovated and repositioned in phases by Himmel+Meringoff and The Swig Company, and MdeAS Architects is designing. WeWork is leasing 180,000 square feet of office space above, and renovations are expected to be finished in 2016.
The property owner of the vacant triangular lot at 1698 Boston Road, in Charlotte Gardens, just east of Crotona Park, has filed applications for a single-story, nearly 5,500 square-foot commercial building. Draft Master Engineering is the architect of record.
Developer Bruce Ratner has revealed his plans to redevelop Nassau County’s Coliseum site in Uniondale, on Long Island. Plans call for the renovation of the stadium, which will seat 13,000, and 3.4 million square feet of office, retail and hotel development, reports the LI Herald. On the west end of the site, two four-story office buildings will line the street. At the north and south ends, nine-story hotel buildings are planned, and construction is slated to begin in August.