Retail

30-02 39th Avenue

First Look at 10-Story, 428-Unit Residential Building Under Development at 30-02 39th Avenue, Long Island City

Late last year, new details emerged of the 10-story, 428-unit residential building planned at 30-02 39th Avenue (a.k.a. 30-17 40th Avenue), in northern Long Island City, located directly below the 39th Avenue stop on the N/Q trains. Now, YIMBY can reveal the 39th Avenue façade of the project, thanks to a rendering posted on-site and spotted by JFBautista via the YIMBY Forums. The structure will encompass 413,138 square feet. It will have 3,181 square feet of ground-floor retail space and its residential units should average 679 square feet apiece. The units will be rental apartments ranging from studios to two-bedrooms. Its 22,000 square feet of amenities include storage space for 319 bikes, an underground parking garage, a fitness center, an entertainment room, a lounge, a gathering room, laundry facilities, a green house, and a rooftop pool and sundeck. Developer Lightstone Group secured $75 million in financing in April for the project, and recently secured $30 million more, Commercial Observer reports. Gerner, Kronick + Valcarcel (GKV Architects) is behind the design. Excavation began last November, and completion is expected in late 2017.


42-10 27th Street

Foundation Work Ongoing for 20-Story, 110-Unit Mixed-Use Building at 42-10 27th Street, Long Island City

Back in September of 2015, piling work was underway for the 20-story, 110-unit mixed-use building planned at 42-10 27th Street, in the Queens Plaza section of Long Island City. Now, foundation work is underway at the site, with the first rebar sprouting from the ground, The Court Square Blog reports. Per the latest permits with the Department of Buildings, the 20-story, 212-foot-tall project will encompass 137,812 square feet. It will feature 8,645 square feet of ground-floor retail and its residential units should average 741 square feet apiece, indicative of rental apartments. Amenities include private residential storage, storage for 55 bikes, a parking garage on the second floor, and recreational areas on the 19th and 20th floors. Lions Group NYC is the developer, while Flushing-based Raymond Chan is the architect. Completion is expected in 2017.


Ellipse

43-Story, 376-Unit Residential Tower Rises on 14th Street in Newport Section of Jersey City

Back in December of 2015, YIMBY reported on the groundbreaking of the planned 43-story, 376-unit residential tower, dubbed Ellipse, at the end of 14th Street in the Newport section of Jersey City. Now, the structure is four stories above street level, as seen in photos by JC_Heights via the YIMBY Forums. The new 444-foot-tall building will encompass 592,800 square feet and will include a retail component on the lower levels. The residential units will be rental apartments. LeFrak is developing the project, and Arquitectonica is behind its design. Completion is expected sometime in 2017.



247 Bedford Avenue

Construction Wrapping on Two-Story, 20,000-Square-Foot Apple Store at 247 Bedford Avenue, Williamsburg

In late 2014, Apple signed a 20,000-square-foot lease at 247 Bedford Avenue, in Williamsburg, located at the corner of North 3rd Street, four blocks from the Bedford Avenue Station on the L train. Then in April of 2015, the former two-story corner building was razed to its foundation to be rebuilt as a new two-story structure. Brownstoner now reports much of the exterior construction is complete, with work currently focused on the interior. Marin Architects P.C. is the architect of record. RedSky Capital and Waterbridge Capital acquired an assemblage of buildings on the block, including 247 Bedford Avenue, for $66 million in 2012. While Apple is setting up shop at 247 Bedford Avenue, the developers are moving forward with renovations on the adjacent two-story, 27-unit mixed-use building at 159 North 3rd Street. As for the Apple store, opening can probably be expected later this year.


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