Retail

30-Story, 225-Unit Mixed-Use Project Tops Out at 509 West 38th Street, Hudson Yards District

6:00 am on August 16, 2016 By Reid Wilson

Since hitting 22 stories in height back in June, the 30-story, 225-unit mixed-use tower under construction at 509 West 38th Street, in the Hudson Yards District, has topped out. The progress can be seen thanks to photos posted to the YIMBY Forums by user JC_Heights earlier this month. The 361-foot-tall tower encompasses 243,689 square feet. There will be 13,739 square feet of retail space across parts of the ground and second floors, along with 29,180 square feet of community facility space on parts of the ground through fifth floors. The residential units, rental apartments, should average 786 square feet apiece and 20 percent (46 units) will rent at below-market rates through the affordable housing lottery. Imperial Companies is the developer and BKSK Architects is behind the architecture. Completion is anticipated in 2017.

32-Story, 440-Unit Mixed-Use Tower Rises to 26th Floor at 86 Fleet Place, Downtown Brooklyn

7:30 am on August 15, 2016 By Reid Wilson

Construction is now underway on the 26th floor of the planned 32-story, 440-unit mixed-use building under development at 86 Fleet Place, in Downtown Brooklyn. The progress can be seen thanks to photos posted to the YIMBY Forums by user nyc1. The latest building permits indicate the 351-foot-tall tower will eventually encompass 427,346 square feet. It will host 10,813 square feet of commercial-retail space on the ground floor, followed by residential units averaging 871 square feet apiece. Since a leasing office is included, at least a number of the units will be rental apartments. The residential amenities are listed in YIMBY’s previous March update, when the structure was a single story up. John Catsimatidis’s Red Apple Group is the developer and Goldstein, Hill & West Architects is behind the architecture. Completion is expected in 2017.

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

6:30 am on August 15, 2016 By Reid Wilson

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.

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

6:00 am on August 15, 2016 By Reid Wilson

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.

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

7:00 am on August 12, 2016 By Reid Wilson

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

2:00 pm on August 11, 2016 By Reid Wilson

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.

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

1:00 pm on August 11, 2016 By Reid Wilson

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.

New Rendering Revealed of Two-Building Office Complex Planned at 270 Richards Street, Red Hook

7:00 am on August 11, 2016 By Reid Wilson

An overhead rendering has been revealed of the planned two-building, four-story (plus penthouse) office complex, dubbed Red Hoek Point and located at 270 Richards Street, the former site of the Revere Sugar Refinery in Red Hook. The rendering, published by Curbed NY, shows off the project’s outdoor spaces, which will include a central plaza, waterfront esplanade, and landscaped rooftop terraces. YIMBY reported on the project’s new building applications in June. The filings described an office complex encompassing 1,135,610 square feet, of which 645,103 square feet will be commercial space for offices and retail. Thor Equities, the developer, is planning a 1,112-car parking garage in the cellar, although a variance must first be obtained to build it. Ground-floor retail and restaurant space will measure 23,000 square feet. Sir Norman Foster’s London-based Foster + Partners is the design architect, while Adamson Associates Architects is serving as the executive architect. Groundbreaking is expected this fall.

Partial Medical Office Conversion Planned at Two-Story, 57,000-Square-Foot Property, 99-01 Queens Boulevard, Rego Park

6:00 am on August 11, 2016 By Reid Wilson

The Blumenfeld Development Group has purchased, for $31.2 million, the two-story, 56,916-square-foot mixed-use commercial building at 99-01 Queens Boulevard, in Rego Park, from Vornado Realty. The new owner plans to convert the property’s vacant portions into a medical facility for Mount Sinai Hospital, according to Real Estate Weekly. The hospital has already signed a lease with Blumenfeld. The property currently features retail space on the ground and cellar levels, followed by commercial-office space on the second floor. Existing tenants, which will remain in the building, include Bank of America, New York Sports Club, and DeVry College of New York. Completion of the conversion is expected in early 2017.

Six-Story, Five-Unit Mixed-Use Building Planned at 888 Lorimer Street, Greenpoint

1:00 pm on August 10, 2016 By Reid Wilson

Property owner Philipp Haemmerle, doing business as an anonymous Financial District-based LLC, has filed applications for a six-story, five-unit mixed-use building at 888 Lorimer Street, in southern Greenpoint. The project will measure 12,488 square feet. It will contain 776 square feet of retail space on the ground floor, followed by full-floor residential units above. The top floor unit will feature space on an upper mezzanine level, as well as a roof deck. Across the building, the units should average 1,541 square feet apiece, indicative of condominiums. The ground floor will also contain space for a single automobile. Sanford M. Berger’s Great Neck, N.Y.-based S.M. Berger Architecture is the architect of record. The 25-foot-wide, 3,900-square-foot property is currently vacant. The Nassau Avenue stop on the G train is around the corner.

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