Retail

509 Pacific Street

Reveal for Six-Story, 33-Unit Mixed-Use Condo Project at 509 Pacific Street, Boerum Hill

Back in April, the first partial renderings were revealed of the six-story, 33-unit mixed-use building planned at 509 Pacific Street, in Boerum Hill, located within two blocks of stops of on the 2, 3, 4, 5, B, D, N, Q, and R trains and Atlantic Terminal. Now, the first full rendering of the building, dubbed the Hendrik, has been revealed by the New York Times. The latest permits indicate the project will encompass 114,812 square feet. The ground and cellar levels will feature 26,000 square feet of retail, and the residential units above should average 1,680 square feet apiece. The apartments will be condominiums ranging from two- to four-bedrooms, with the smallest units measuring 1,200 square feet and the largest clocking in at 2,500 square feet. Nineteen of the condos will have outdoor terraces. Amenities will include a fitness center, a children’s playroom, a library, a lounge, a pet spa, bike and stroller storage, an underground parking garage, a rooftop terrace, and a central courtyard. Hopestreet is the developer, while Beyer Blinder Belle is the architect. Foundation work is reportedly underway, with completion scheduled for late 2017.


1800 Park Avenue

Developer in Contract to Acquire Mixed-Use Site at 1800 Park Avenue, East Harlem

Back in October of 2014, YIMBY revealed new renderings of the previously planned 32-story, 682-unit mixed-use project at 1800 Park Avenue, located between East 124th and 125th streets in East Harlem. Then last year, the project’s developer, the Continuum Company, decided to sell the site. Earlier this year, the Continuum defaulted on their loan on the property, and now the creditor, the Durst Organization, is in contract to acquire the site for nearly $100 million, The Real Deal reported. It wasn’t disclosed what Durst plans to do with the property. Continuum technically poured a part of the building’s foundation before the 421-a tax abatement expired, so the project remains eligible. Amended new building permits currently describe a 24-story, 670-unit project encompassing 694,000 square feet. Featured is 73,460 square feet of commercial space and 46,250 square feet of community facility space on the cellar through third floors. ODA New York is behind the project’s design.


280 Richards Street

Four-Story, 623,000-Square-Foot Commercial Complex Revealed, 280 Richards Street, Red Hook

Back in 2005, Thor Equities acquired, for $40 million, the 7.7-acre Revere Sugar Refinery site at 280 Richards Street, located south of Beard Street in Red Hook. The developer later demolished the refinery (the last photos of it can be found here), and has since been floating the idea of building a massive mixed-use project with residential units and commercial space. The developer is now moving forward with plans for a four-story, 623,000-square-foot commercial complex, Bloomberg reported. It will include 600,000 square feet of office space and will boast 100,000-square-foot floor plates. The project will also feature 23,000 square feet of retail and restaurant space, presumably on the ground floor, along with a central courtyard, rooftop terraces, and a public waterfront esplanade. Norman Foster’s London-based Foster + Partners is designing. The site is located 12 blocks from the Smith-9th Streets stop on the F/G trains.


Hunters Point South

Request for Proposals for Two Residential Portions of Hunters Point South Mega-Project, Long Island City

Back in February, we learned that the New York City Department of Education (NYCDOE) and the School Construction Authority (SCA) are planning a 600-student elementary school on block “F” of the Hunters Point South mixed-use, mixed-income mega-development, located in southwestern Long Island City. Now, the Department of Housing Preservation and Development (HPD) is preparing to launch a Request for Proposals (RFP) for two residential portions of the mega-project, one located on block “F” adjacent to the school, and the other on block “G,” Crain’s reported. Together, the two buildings are expected to include at least 750 residential units, of which 450 would rent at below-market rates. There would also be retail space and some form of community facility space. Proposals will be due in September, and a development team will be selected in early 2017.


737 Park Place

Four-Story, Two-Family Mixed-Use Building Coming to 737 Park Place, Crown Heights

Itamar Bruhim, doing business as an anonymous Floral Park-based LLC, has filed applications for a four-story, two-unit mixed-use building at 737 Park Place, in western Crown Heights, located five blocks from the Franklin Avenue stop on the 2/3/4/5 trains. The structure will measure 4,378 square feet, and 1,254 square feet of that will be dedicated to ground-floor retail space. Above, one unit will be hosted on the second and third floor, and a second unit will be located in the fourth floor and penthouse level. The apartments should average a spacious 1,612 square feet, which means condominiums must be in the works. Roman Sorokko’s Little Neck-based Versatile Engineering is the applicant of record. The 20-foot-wide, 1,513-square feet lot is currently vacant.


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