Back in November, XIN Development, the U.S. branch of Beijing-based Xinyuan Real Estate, entered into contract to purchase the development site at 615 Tenth Avenue, between West 44th and 45th Streets in Hell’s Kitchen. Now, the developer has closed on the site for $57.5 million, and a mixed-use building with up to 90 condominium units is planned, according to The Real Deal. It will include mostly one- and two-bedroom residential units, as well as 20,000 square feet of retail space. The property is currently home to a Hess Express gas station, which must first be removed.
The former Renaissance catering hall at 2131 Hylan Boulevard, in Staten Island’s south shore neighborhood of Grant City, is slated for demolition, according to Staten Island Live. The vacant two-story structure and the adjacent single-story Duane Reade will be demolished for a retail center. The property could accommodate a two-story, 11,000 square-foot commercial buildings. Architectural plans will be drawn up once Winick Realty Group chooses a specific tenant. It will include on-site parking and will be accessible from all three street fronts.
The Landmarks Preservation Commission has given approval for the partial conversion and refurbishment of a portion of a landmark building in Chinatown. The building in question is 66 Allen Street (a.k.a. 315 Grand Street). Though the upper office floors will all become residential, totaling eight units, the existing ground floor retail will be retained. The approval was granted at the LPC’s session on Tuesday.
As 2016 will prove to be a pivotal year for the Manhattan skyline, a neighbor across the Hudson River is also seeing amazing growth. Just last month, ground was broken for the LeFrak Organization’s 444-foot-tall, 43-story, 376-unit tower in the Newport section of Jersey City. Now, we have word of an important step in the process constructing a much taller tower to the south near Exchange Place.
It was in September of 2014 that YIMBY brought you news of a planned 11-story, 73-unit mixed-use building at 25-24 Jackson Avenue (a.k.a. 5 Court Square) in Long Island City, at the corner of Thompson Avenue, just across the street from One Court Square. Now, we have an idea what it will look like, courtesy of renderings from Flushing-based MY Architect.