Construction appears to be nearly complete now that façade installation has finished on the 53-story, 600-unit mixed-use building under development at 551 Tenth Avenue, located between West 40th and 41st streets in Midtown West. The latest photo was taken by NY Constuction Photography. The most recent building permits have the tower, dubbed 555TEN, measuring 712,416 square feet and standing 610 feet in height.
United American Land is currently converting the top five floors of the Offerman House, an eight-story commercial building and individual landmark at 248 Duffield Street in Downtown Brooklyn, into 121 residential units. The units will be rental apartments ranging from studios to three-bedrooms, the New York Times reported. The lower floors of the property are currently leased to retailers, including Nordstrom Rack and Old Navy. GreenbergFarrow is designing the conversion. Occupancy is expected in the spring of 2017.
An anonymous Floral Park, N.Y.-based LLC has filed applications for a six-story, 10-unit mixed-use building at 147-07 88th Avenue, in downtown Jamaica. The project will measure 13,578 square feet. It will feature a 484-square-foot retail space on the ground floor, followed by residential units on the second through sixth floors. The apartments should average 1,309 square feet apiece, which suggests condominiums are likely in the works. Manish S. Savani’s Jamaica-based architecture firm is the architect of record. A two-story building must first be demolished. Permits were filed to do so in August.
Midtown South-based HH Realty Equities acquired, for $6.8 million, the single-story, 10,750-square-foot vacant commercial building at 1101 Avenue M, located on the corner of Coney Island Avenue in the heart of Midwood. The new owners plan to develop a mixed-use project with retail and residential units, Commercial Observer reported. The 10,750-square-foot site can accommodate up to 43,000 square feet of development. Neither demolition permits nor new building applications have been filed. The Avenue M stop on the Q train is five blocks away.
Construction is now two stories above ground level on the six-story, 44-unit mixed-use project under development at 27-05 41st Avenue, located on the corner of 27th Street in the Queens Plaza section of Long Island City. The structure can be seen in an update by The Court Square Blog. The latest building permits indicate the building will measure 50,530 square feet and rise 60 feet in height, not including the bulkhead.