Retail

90-02 168th Streets

Shopping Complex Plans Nixed At 90-02 168th Street, Downtown Jamaica

6:00 am on March 2, 2016 By Reid Wilson

Back in 2013, the Greater Jamaica Development Corporation (GJDC) and Blumenfeld Development Group signed an agreement to build a 160,000-square-foot retail complex accompanied by a 550-space parking garage across two vacant lots in downtown Jamaica, specifically at 90-01 168th Street and 90-02 168th Street. Then early last year, the developers said they would build an additional 105,000 square feet of retail space and an affordable residential building. DNAinfo now reports the 2013 deal has terminated, effectively halting any plans for the sites. At this point, the GJDC plans to release a new and updated Request for Proposals (RFP), that will more than likely include affordable housing, for both properties later this spring. Both lots are currently being used for surface parking.

1 Nassau Place

Developer Plans Mixed-Use Residential Complex At 1 Nassau Place, Tottenville

3:00 pm on February 29, 2016 By Reid Wilson

Midtown-based Bridgewater Capital has acquired the vacant 38.8-acre swath of land at 1 Nassau Place, on Staten Island’s South Shore neighborhood of Tottenville, for $30 million. According to The Real Deal, the developer plans to rezone the property, likely through the Urban Land Use Review Procedure (ULURP), to build a multi-building residential complex with roughly 220,000 square feet of big-box retail space. Under current zoning, the property could accommodate 3.5 million square feet of industrial or commercial space (in the form of office and retail). Bridgewater hopes to have a partner in the residential component, which would include senior units, and is currently negotiating with New Hyde Park-based Kimco Realty to partner in the retail portion. The site is located directly north of the Nassau station on the Staten Island Railway.

207 West 75th Street

Reveal For Seven-Story, Five-Unit Mixed-Use Project At 207 West 75th Street, Upper West Side

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

Back in July of 2014, YIMBY brought you renderings of the proposed 14-story, 10-unit residential building at 207 West 75th Street, on the Upper West Side. The project required a special permit from the Board of Standards and Appeals, but the developer was unsuccessful in obtaining a variance and the site was eventually unloaded for $13.25 million in 2015. The new developer, Opal Holdings, has since filed applications to expand the existing two-story building into a seven-story, five-unit mixed-use one. Real Estate Weekly now reports a $14.8 million construction loan has been secured for the 20,000-square-foot project. There will be 5,000 square feet of retail on the ground and cellar levels, and full-floor apartments beginning on the second floor. The sixth and seventh floors will contain a five-bedroom duplex penthouse featuring a terrace. Jeffrey Cole Architects is designing.

33 Park Avenue

44-Story, 448-Unit Residential Tower Rises To 35th Floor At 33 Park Avenue, Jersey City

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

In February of 2015, YIMBY revealed renderings of the two-tower, 900-unit residential development at 33 Park Avenue, in eastern Jersey City’s Liberty Harbor section. A few months after our post, Fisher Development broke ground on the first tower of the project, which includes a 44-story, 448-unit building with retail space in its base. Now, photos by Tectonic reveal that the structure is roughly 35 stories above street level and rising. Curtain wall installation has also begun on the four-story base podium. The other tower will also eventually stand 44 stories but will contain 452 residential units. Retail space in both components will total roughly 15,000 square feet. The apartment towers are being designed by Perkins Eastman and completion of the first tower is expected in 2017.

180 Myrtle Avenue. Photo by Tectonic.

The Margo Nearly Complete at 180 Myrtle Avenue, DoBro

7:00 am on February 25, 2016 By Evan Bindelglass

It was nearly two years ago that YIMBY showed you renderings of the 15-story building being developed by John Catsimatidis’ Red Apple Group at 180 Myrtle Avenue in Downtown Brooklyn, dubbed the Margo. Since then the unit count has changed and the building is now nearly complete, with the façade in place, save for some work on the terraces. The realization of that latter fact comes courtesy of photos taken by our friend Tectonic.

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