Retail

Reveal for 42-Story, 556-Unit Rental/Condo Tower Planned at 685 First Avenue, Murray Hill

6:30 am on May 20, 2016 By Reid Wilson

In August of 2015, YIMBY reported on applications for a 42-story, 550-unit mixed-use building at 685 First Avenue, located between East 39th and 40th streets in Murray Hill. Now, new details and renderings of the building have been revealed by the Wall Street Journal. The 459-foot-tall tower will actually contain 556 residential units and measure a whopping 828,000 square feet in its entirety. Two-thirds of the units will be rental apartments while the remaining one-third will be condominiums. Amenities include an underground 110-car garage, storage for 282 bikes, laundry facilities, a pool, a fitness center, a library, and recreational and assembly rooms. There will also be 10,088 square feet of ground-floor retail. Richard Meier & Partners Architects is behind the design, and Sheldon Solow is the developer. Excavation is reportedly underway, and completion is expected in 2018.

Ian Schrager at 215 Chrystie with west-facing windows behind him. Photo by Ilya S. Savenok/Getty Images for 215 Chrystie

Ian Schrager Shows Off Views From Hotel-Condo Project, 215 Chrystie Street, Bowery

8:00 am on May 19, 2016 By Evan Bindelglass

It was just over a month ago that developer Ian Schrager broke ground on his West Village condo project 160 Leroy. On Tuesday evening, he invited guests to come check out the views from another project of his – the hotel and condos under construction at 215 Chrystie Street, in Bowery.

27-Story Watermark Court Square at 27-19 44th Drive Rises One-Third of the Way to Its Final Height

6:30 am on May 19, 2016 By Vitali Ogorodnikov

Watermark Court Square, the 27-story luxury rental building at 27-19 44th Drive in Long Island City, has risen past its tenth floor, about a third of the way to its final 282-foot height. The LEED-certified building is developed by Twining Properties, with The Ashforth Company as an investment partner. TG Nickel & Associates is the general contractor for the project, which Handel Architects designed as a slender stack of floor-to-ceiling windows set within a grid of grey and dark brown brick. Completion is expected in 2017.

Rendering of 242 West 53rd Street. Via CetraRuddy.

Foundation Work Complete for 62-Story, 426-Unit Mixed-Use Tower at 242 West 53rd Street, Midtown

6:00 am on May 19, 2016 By Reid Wilson

YIMBY last brought you a construction update in December, when foundation work was underway, on the 62-story, 426-unit mixed-use tower planned at 242 West 53rd Street (a.k.a. 239 West 52nd Street), in Midtown between Eighth Avenue and Broadway. Since then, foundation work has largely wrapped up, as seen in photos by Vertical Gotham via the YIMBY Forums, which means construction can now proceed skyward. Residential units in the 542,276-square-foot, 675-foot-tall tower should average 1,024 square feet apiece. There will also be 16,514 square feet of ground floor retail space. Amenities will include a 90-car parking garage, storage space for 247 bikes, a fitness center, a swimming pool, a basketball court, a golf simulator, and a private entertainment area. There will also be outdoor terraces on the second, third, and 61st floors. Algin Management is the developer, while CetraRuddy is behind the design of the exteriors and interiors.

Twin Three-Story, Two-Unit Mixed-Use Buildings Planned at 2349 Coney Island Avenue, Sheepshead Bay

3:00 pm on May 18, 2016 By Reid Wilson

Brooklyn-based GY Properties has filed applications for twin three-story, two-family mixed-use buildings at 2349-2353 Coney Island Avenue, in Sheepshead Bay, located six blocks from the Avenue U stop on the Q train. From north to south, they will measure 6,439 and 6,498 square feet respectively. The ground floors in each structure will host 1,901 and 1,925 square feet of retail space. Across both buildings, the project’s four full-floor residential units should average 1,304 square feet apiece, indicative of condominiums. Danny Isla’s Long Island-based Isla Engineering Service Company is the applicant of record. The 40-foot-wide plot is currently vacant.

Seven-Story, Eight-Unit Mixed-Use Building Filed at 1010 Fulton Street, Clinton Hill

1:00 pm on May 18, 2016 By Reid Wilson

Midtown South-based Mike Shamash has filed applications for a seven-story, eight-unit mixed-use building at 1010 Fulton Street, in southern Clinton Hill, located two blocks from the Franklin Avenue stop on the C train and Franklin Avenue Shuttle. The structure will encompass 11,000 square feet, of which 1,665 square feet will be designated to ground-floor retail. Beginning on the second floor, the residential units should average 815 square feet, which means rental apartments are likely in the works. Three of the apartments will be duplexes. Long Island-based Shahriar Afshari is the applicant of record. The 20.5-foot-wide, 2,091-square-foot lot is currently vacant.

25 Bleecker Street, existing and proposed conditions.

Landmarks Approves Six-Story Mixed-Use Building to Replace Three-Story Structure at 25 Bleecker Street, NoHo

8:00 am on May 18, 2016 By Evan Bindelglass

A piece of old New York is set to be replaced by something new. On Tuesday, the Landmarks Preservation Commission approved a proposal to demolish the three-story structure at 25 Bleecker Street and replace it with a six-story (plus penthouse) mixed-use building with three residential units.

Greenpoint Savings Bank building annex, 807 Manhattan Avenue, proposed condition

Landmarks Okays Residential Conversion at Greenpoint Savings Bank, 807 Manhattan Avenue

7:00 am on May 18, 2016 By Evan Bindelglass

On Tuesday, the Landmarks Preservation Commission approved a proposal to convert a piece of the Greenpoint Savings Bank site at 807 Manhattan Avenue to residential use. The site is also bound by Cayler Street and Lorimer Street and sits in the Greenpoint Historic District.

Six-Story, 56-Unit Mixed-Use Rental Building to Get Renovations, 51 Irving Place, Gramercy

1:00 pm on May 17, 2016 By Reid Wilson

Springhouse Partners has acquired, for $55 million, the six-story, 56-unit mixed-use building at 51 Irving Place, located on the corner of East 17th Street in Gramercy. The 42,502-square-foot property contains about 10,000 square feet of commercial space, which is currently split between five retail units and a single office unit. The residential units above are rental apartments, most of which are market-rate. The new owners plan to conduct renovations, according to The Real Deal. Work will include upgrades to the façade and interiors, and the addition of residential amenities. The apartments will remain as rentals. The property could also accommodate a small expansion, as it contains 5,000 square feet of air rights, although such plans to build an expansion are not known. Springhouse Partners recently secured a $37 million mortgage to finance the acquisition.

39-Story, 640-Unit Mixed-Use Project Rises Above Street Level at 10 Huron Street, Greenpoint

6:00 am on May 17, 2016 By Reid Wilson

In August of 2015, YIMBY revealed new renderings of the 39-story, 640-unit mixed-use project planned at 10 Huron Street and 19 India Street (a.k.a. 145-155 West Street), in Greenpoint, located five blocks from the Greenpoint Avenue stop on the G train. Now the tower portion, at 10 Huron, is four stories above street level, while the foundation is complete where the six-story portion will go at 19 India, as seen in photos by NyConstructionPhoto. The entire complex will encompass 716,982 square feet. Across both buildings, there will be a total of 19,324 square feet of ground-floor retail space, in addition to a 3,802-square-foot medical office. The residential units should average 894 square feet apiece, of which 128 will be rented at below-market rates through the housing lottery.

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