Retail

42-10 27th Street

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

2:00 pm on May 23, 2016 By Reid Wilson

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

11:00 am on May 23, 2016 By Reid Wilson

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

6:30 am on May 23, 2016 By Reid Wilson

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.

141 Willoughby Street

ULURP Underway for 49-Story, 270-Unit Mixed-Use Tower Proposed at 141 Willoughby Street, Downtown Brooklyn

11:00 am on May 20, 2016 By Reid Wilson

In 2014, Savanna acquired, for $28 million, the three-story commercial building at 141 Willoughby Street, in Downtown Brooklyn. Then in August of 2015, the developer submitted filings to rezone the property in order to build a 44-story, 270-unit mixed-use tower. The city’s Uniform Land Use Review Procedure (ULURP) is now underway, with the latest step resulting in Community Board 2’s Land Use Committee disapproving the rezoning, the Brooklyn Daily Eagle reports. The project itself has grown slightly since initially being filed. Proposed at the latest hearing was a 49-story, 270-unit mixed-use building. Eighty-one of the units would rent at below-market rates. The base of the building would feature two stories (plus the cellar) of retail, followed by seven stories of office space. Morris Adjmi Architects is designing. The latest step in ULURP is merely a recommendation. The proposal will now go before the entire Community Board 2. If the rezoning is granted, Savanna would also acquire from the city, for $4.8 million, a small, triangular park located to the north of the site. It has 47,718 square feet of development rights and would permanently remain as a park.

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