Retail

Developers Close on Acquisition of 19 East Houston Street, Site of Approved Six-Story Commercial Project, SoHo

10:00 am on May 27, 2016 By Reid Wilson

Back in October of 2014, developers of the planned six-story, multi-use commercial building at 19 East Houston Street, in SoHo, met with city and community officials and agreed to limit the project’s retail space to under 10,000 square feet, as well as widen the sidewalk. That was after the City Planning Commission already approved the proposal with more retail in August of 2014. Last week, Madison Capital and Vornado Realty Trust closed on the purchase of the triangular, 6,174-square-foot development site for $25.8 million from the New York City Economic Development Corporation (NYCEDC), the Wall Street Journal reports. The latest building permits indicate a 98-foot-tall, 41,267-square-foot building is planned. The commercial space will be broken up between 11,500 square feet of retail space on the cellar through second levels, and 22,751 square feet of boutique office space on the third through sixth floors.

28-Story 436 Albee Square Now at About Two-Thirds Height, Downtown Brooklyn

7:30 am on May 27, 2016 By Evan Bindelglass

When we last checked in on the ODA New York-designed mixed-use development at 436 Albee Square, in Downtown Brooklyn, it was about three stories above ground. Now, it’s about three months later and, thanks to photos sent to us by our friend Tectonic, we can see the project has risen to about 20 stories above ground, on its way to a final height of 28 stories.

Complete Models Revealed of 22-Story, 52-Unit Mixed-Use Tower Planned at 21 East 12th Street, Greenwich Village

6:30 am on May 27, 2016 By Reid Wilson

Back in March of 2016, YIMBY brought you the first renderings of the 22-story, 52-unit mixed-use building planned at 21 East 12th Street (a.k.a. 100 University Place), in Greenwich Village. Now, complete models of the building, crafted by Radii Inc., have been posted to the YIMBY Forums. The new tower will encompass 122,272 square feet. There will be 13,075 square feet of retail on the ground and cellar levels, in addition to 1,050 square feet of community facility space also on the street level. The residential units, which will be condominiums, should average 2,076 square feet apiece. Amenities include a parking garage in the sub-cellar, storage for 27 bikes, a fitness center, a lounge, and an outdoor terrace on the second floor. William Macklowe Company is the developer, while Annabelle Selldorf Architects is designing the building. SLCE Architects is serving as the architect of record. The site’s former four-story building was demolished earlier this year.

5 Pointz-Replacing Two-Towered, 1,115-Unit Mixed-Use Project Rises to Street Level at 22-44 Jackson Avenue, Long Island City

11:00 am on May 26, 2016 By Reid Wilson

Back in July of 2014, YIMBY revealed renderings of the two-towered, 1,115-unit mixed-use development underway at 22-44 Jackson Avenue, located in the Court Square section of Long Island City. Following the demolition of the 5 Pointz warehouse, excavation began in August of 2015 for the new buildings, followed by foundation work in November later that year. Now, a portion of the site closest to Jackson Avenue is at street level and beginning to rise, as seen by photos via Curbed NY and The Court Square Blog. The northern and southern towers, which will be connected by a common two-story base, will rise 48 and 41 stories respectively.

Renovations Planned at 575 Fifth Avenue, a 35-Story, 360,000-Square-Foot Office Tower in Midtown

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

Property owners Beacon Capital Partners and MetLife (the insurance company) are planning to execute a $25 million renovate on their 35-story, 533,695-square-foot multi-use commercial building at 575 Fifth Avenue, located on the corner of East 47th Street in Midtown. Planned is a redesigned lobby, new exterior and interior elements such as a building canopy, signage/advertising, and lighting, and new amenities such as a 6,000-square-foot conference center and a lounge, Real Estate Weekly reports. The 360,000-square-foot office portion already connects to the building’s three stories of retail and restaurants via an atrium. Barneys New York recently signed on to 72,000 square feet at the tower, and Westpac Banking Corporation and Northwood Investors each have leased 15,000 square feet. The building was developed in 1983.

Office Portion of 20-Story 685 Fifth Avenue Getting 90-Key Boutique Hotel Conversion & Expansion, Midtown

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

In April, news broke that Istanbul-based Gulaylar Group entered into contract to acquire the entire 90,000-square-foot office portion of the 20-story, 115,000-square-foot multi-use commercial building at 685 Fifth Avenue, on the corner of East 54th Street in Midtown. The deal includes the development rights to vertically expand the building by five stories. Those air rights were made available after property owners General Growth Properties and Thor Equities repositioned the building’s three stories of retail space, which now measures 23,400 square feet and is being made into Coach’s flagship store. Now, Gulaylar has disclosed plans to convert the office portion they are buying, along with the future expansion, into a 90-key boutique hotel, The Real Deal Reports. Five hotel chains, including Oetker Collection, AccorHotels, and LVMH’s Cheval Blanc, are currently in negotiations with the developer. The building’s remaining office tenant is moving out in August. Walter Marin’s Midtown-based Marin Architects is the architect of record for the expansion.

Site Prep Underway for 15-Story, 323-Unit Residential Complex at 241 West 28th Street, Chelsea

6:30 am on May 25, 2016 By Vitali Ogorodnikov

The ubiquitous forest green fence, a herald of impending construction, has gone up around a mid-block parking lot in Chelsea, at 241 West 28th Street. The 29,326-square-foot, 150-foot-wide lot, which stretches between West 28th and West 29th streets, and will accommodate twin 15-story, 165-foot-tall buildings, each one aligned along its respective street. The 314,013-square-foot complex is set to feature a 6,094-square-foot commercial component topped by 252,191 square feet of apartments. Given its 323-unit count, each apartment would average 781 square feet. The project is being developed by Edison Properties, with Hunter Roberts Construction Group as the general contractor.

Seven-Story, 12-Unit Mixed-Use Building Rises to Fourth Floor at 411 Ninth Avenue, Midtown West

6:00 am on May 25, 2016 By Reid Wilson

In July of 2015, YIMBY revealed renderings of the seven-story, 12-unit mixed-use building under development at 411 Ninth Avenue, located on the corner of West 33rd Street in Midtown West. Now, the project is under construction and currently four stories above street level, as seen in photos by our friend Tectonic. Dubbed Skylight House, the structure will encompass 21,246 square feet. It will feature 1,395 square feet of ground-floor retail space, followed by two residential units per floor beginning on the second. The units will be rental apartments and should average 920 square feet apiece. Amenities include storage space for 11 bikes and an outdoor terrace on the roof. Property owner James Papaionnou is the developer, while H. Thomas O’Hara’s Midtown-based HTO Architect is behind the design. Completion can probably be expected later this year or in early 2017.

11-Story, 44-Unit Condominium Building Tops Out at 251 First Street, Park Slope

11:00 am on May 24, 2016 By Reid Wilson

Earlier this year, the 11-story, 44-unit mixed-use building under development at 251 1st Street (a.k.a. 275 Fourth Avenue), in Park Slope, was several floors above street level. Now, the project has topped out and is receiving its façade elements, as seen in photos by our friend Tectonic. The development, which goes by 251 First, encompasses 82,045 square feet. The latest filings indicate it will feature 4,273 square feet of ground-floor retail space in addition to a 335-square-foot medical office. The residential units will be condominiums and should average 1,368 square feet apiece. Amenities include a stroller valet and storage room, a lounge, a library, fitness and yoga room, a children’s playroom, storage for 22 bikes, a pet washing and grooming station, laundry facilities, a landscaped courtyard, and a rooftop recreational area. The U.S. arm of Shenzhen-based developer Vanke Group is behind the project, while ODA New York is the design architect. Issac & Stern Architects is serving as the architect of record. Completion is expected later this year.

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

6:30 am on May 24, 2016 By Reid Wilson

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.

Pages: 123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100101102103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153154155156157158159160161162163164165166167168169170171172173174175176177178179180181182183184185186187188189190191192193194195196197198199200201202203204205206207208209210211212213214215216217218219220221222223224225226227228229230231232233234235236237238239240241242243244245246247248249250251252253254255256257258259260261262263264265266267268269270271272273274275276277278279280281282283284285286287288289290291292293294295296297298299300301302303304305306307308309310311312313314315316317318319320321322323324325326327328329330331332333334335336337338339340341342343344345346347348349350351352353354355356357358359360361362363364365366367368369370371372373374375376377378379380381382383384385386387388389390391392393394395396397398399400401402403404405406407408409410411412413414415416417418419420421422423424425426427428429430431432433434435436437438439440441442443444445446447448449450451452453454455456457458459460461462463464465466467468469470471472473474475476477478479480481482483484485486487488489490491492493494495496497498499500501502503504505506507508509510511512513514515516517518519520521522523524525526527528529530531532533534535536537538539

Fetching more...

Retail

What’s happening in your backyard?