Retail

Team Selected to Build 24-Story, 241-Unit Passive Affordable Residential Tower At 425 Grand Concourse, Mott Haven

6:00 am on April 29, 2016 By Reid Wilson

In June of 2015, YIMBY reported on the Request for Proposals (RFP) launched by the city’s Department of Housing Preservation and Development (HPD) for the development site at 425 Grand Concourse, in Mott Haven. Now, Mayor Bill de Blasio’s administration has selected a development team for the 30,000-square-foot site, located on the corner of East 144th Street, Politico New York reports. Trinity Financial and MBD Community Housing Corporation will build a 24-story, 241-unit mixed-use building. The 300,000-square-foot tower will contain only below-market rate rental apartments, in addition to a charter school, a medical facility, community space for cultural and social programs, and a supermarket. It will also be the largest Passive House project in the city. Garrison Playground, located immediately to the north, will be rehabilitated. The city is expected to finance the project, which must first journey through the city’s Urban Land Use Review Procedure (ULURP) process. ULURP is scheduled to begin in early 2017.

212-Unit Rental Conversion Approved for 15-Story Senior-Exclusive Building, 95 South Broadway, White Plains

10:00 am on April 28, 2016 By Reid Wilson

Back in December of 2015, Esplanade of White Plains Venture Partnership proposed converting The Esplanade – the 15-story, 120-unit senior-exclusive residential building – at 95 South Broadway, in White Plains, into 212 unrestricted market-rate rental apartments. Now, the property owners have received approval from the White Plains Common Council, Westfair reports. The apartments will come in studio, one-, and two-bedroom configurations. The 251,000-square-foot building will also feature 9,000 square feet of ground-floor retail space, and an additional 9,000 square feet of medical offices. Sullivan Architecture is designing the conversion. Construction is expected to begin in 2017, with work lasting between 15 and 18 months, which means completion should happen in 2018 or 2019. There are 16 people still residing in the building.

Four-Story, 13,000-Square-Foot Multi-Use Building Planned at 944 Home Street, Longwood

1:00 pm on April 27, 2016 By Reid Wilson

Long Island-based Lion State Management has filed applications for a four-story, 13,047-square-foot multi-use commercial building at 944 Home Street, in the Bronx’s Longwood neighborhood, located a block from the Freeman Street stop on the 2/5 trains. The ground and second floors will host 5,349 square feet of retail space, while the third and fourth floors will contain 5,023 square feet of community facility space, which will be used for medical offices. Suk Hwan Kim’s Flushing-based Design Group In H&K is the architect of record. The 2,675-square-foot site, at the corner of Southern Boulevard, is currently vacant.

Four-Story, 28,000-Square-Foot Retail Building Filed at 257-263 West 34th Street, Garment District

11:00 am on April 27, 2016 By Reid Wilson

In January, news broke that Cornell Realty Management was planning a four-story, 35,000-square-foot retail building at 257-263 West 34th Street, in the Garment District section of Midtown. Now, the developer has filed applications for the project with the Department of Buildings. The structure will actually measure 28,130 square feet above grade and will feature retail space on the cellar through the fourth floors. The fourth floor will also features an upper mezzanine level that that will be utilized as retail space. Michael Even’s NoMad-based ME Architect is the architect of record. The 44-foot-wide assemblage is currently occupied by three unrecognizably altered four-story commercial buildings. Demolition permits were filed in March to knock them down.

Six-Story, Eight-Unit Mixed-Use Building Planned at 5601 13th Avenue, Borough Park

3:00 pm on April 26, 2016 By Reid Wilson

Brooklyn-based Abraham Wieder has filed applications for a six-story, eight-unit mixed-use building at 5601 13th Avenue, located on the corner of 56th Street in southern Borough Park, two blocks from the 55th Street stop on the D train. The structure will encompass 18,366 square feet, with 2,352 square feet to be used for retail space on the ground floor. An additional 2,962 square feet on the second floor will be for a community facility, and the residential units on floors three through six should average 1,116 square feet apiece, indicative of family-sized apartments. Brooklyn-based Asher Hershkowitz is the architect of record. Demolition permits were filed in February for the site’s existing two-story brick house.

Eight-Story, 36-Unit Mixed-Use Project Rises at 24-12 42nd Road, Long Island City

1:00 pm on April 26, 2016 By Reid Wilson

Back in May of 2015, YIMBY revealed renderings of the planned eight-story, 36-unit mixed-use building at 24-12 42nd Road, located in the Queens Plaza section of Long Island City. Excavation work began at the site last summer, and now construction work is underway on the ground floor, The Court Square Blog reports. The structure will encompass 49,050 square feet, of which 4,328 square feet will be designated for ground-floor retail space. The residential units above will be condominiums and should average 817 square feet apiece. Amenities include private storage space, bike storage, an outdoor recreational area on the second floor, and a rooftop terrace. Ampiera Group is the developer, while Jon K. Yung’s Flushing-based MY Architect is behind the design. Completion can probably be expected in 2017.

330-Unit Residential Conversion Underway at Edison’s Former Battery Factory, 177 Main Street, West Orange, New Jersey

6:30 am on April 26, 2016 By Reid Wilson

Earlier this month, crews began construction on the vacant and dilapidating Edison Storage Battery Company Building – a six-story, 400,000-square-foot former nickel-iron battery factory – located at 177 Main Street, in West Orange, New Jersey. That’s in Essex County. The building is being converted into 330 rental apartments and 18,500 square feet of retail space, according to the New York Times. It’s the first phase of a 21-acre mixed-use mega-development, called Edison Village, being developed by Bloomfield, N.J.-based Prism Capital Partners, Dune Real Estate Partners, and Greenfield Partners. All of the building’s 800 windows will be replaced, as the exterior of the building is being restored to a historical standard. There will be 20 penthouse duplexes, and amenities include a pool and a fitness center.

Five-Story, 12-Unit Mixed-Use Building Filed at 597 Marcy Avenue, Bedford-Stuyvesant

3:00 pm on April 25, 2016 By Reid Wilson

Brooklyn-based Waterfront Property Management has filed applications for a five-story, 12-unit mixed-use building at 597 Marcy Avenue, in northern Bedford-Stuyvesant, located two blocks from the Myrtle-Willoughby Avs. stop on the G train. The structure will encompass 17,888 square feet, and will include 3,150 square feet of ground-floor retail space. There will also be 3,400 square feet of doctors’ offices on the second floor. The residential units will be located on the third through fifth floors, averaging 889 square feet apiece. Amenities include 3,454 square feet of recreational space in the cellar, in addition to storage space for 12 bicycles. Maspeth-based Genaro R. Urueta is the architect of record. Demolition permits were filed in 2014 to remove the existing single-story building.

Redesigned Retail Space, Five-Story Office Expansion for 20-Story Commercial Building at 685 Fifth Avenue, Midtown

10:00 am on April 25, 2016 By Reid Wilson

General Growth Properties and Thor Equities have filed to expand, by five stories, the 20-story, 115,000-square-foot multi-use commercial building at 685 Fifth Avenue, located on the corner of East 54th Street, in Midtown. The property’s commercial square footage – 109,543 square feet – will remain the same, because a portion of the space on the lower levels will be utilized to build the vertical expansion. As a result, the structure will see an increase in height from 227 feet to 292 feet. Coach has already secured a lease to take 23,400 square feet of retail space on the first few floors for its new flagship store, The Real Deal reports. Midtown South-based Marin Architects is the architect of record. In June of 2014, GGP and Thor acquired the building for $460 million, and it was reported last November that Michael Shvo is in contract to acquire the building’s existing 90,000 square feet of office space for north of $100 million. It doesn’t appear the future office space on floors 21 through 25 was part of the deal with Shvo.

Reveal for Seven-Story, 45-Unit Mixed-Use Project Planned at 150 Rivington Street, Lower East Side

6:30 am on April 25, 2016 By Reid Wilson

Earlier this year, applications were filed to demolish the former Streit’s Matzo Factory to the ground floor. The developer wants to build a seven-story, 45-unit mixed-use building with 10,219 square feet of ground and cellar-level retail space from the remnants, at 148-154 Rivington Street, on the Lower East Side. Renderings of the project have now been revealed by the New York Times, which can also report that apartments will be condominiums with one- and two-bedroom configurations. The amount of retail space has also been increased to 13,000 square feet. Cogswell Lee Development (the development arm of Cogswell Realty) is the developer, and GLUCK+ is behind the design. Demolition of the factory is expected to commence in the coming weeks.

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