Retail

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.

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597 Marcy Avenue

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.

685 Fifth Avenue

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.

150 Rivington Street

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.

100 West 125th Street

Construction Wraps on Six-Story, 202,000-Square-Foot Retail Complex at 100 West 125th Street, Harlem

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

In July of 2015, YIMBY brought you a construction update on the the six-story, 202,361-square-foot commercial-retail project being built at 100 West 125th Street, located on the corner of Malcolm X Boulevard, in Harlem. That October, the structure topped out, and now, the building’s façade appears to be nearly complete, according to Harlem+Bespoke. All six floors, plus the cellar level, will be utilized as retail space, and a number of retailers have already signed leases in the building. Notable tenants include Whole Foods Market, American Eagle, Nordstrom Rack, Burlington Coat Factory, Raymour & Flanigan, Olive Garden, and TD Bank. Wharton Properties, headed by Jeff Sutton, is the developer, while Staten Island-based Gambino + LaPorta Architecture is behind the design. Opening can probably be expected in the coming months.

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