An Environmental Assessment Statement released by the NYC Department of City Planning reveals how proposals to rezone Manhattan’s SoHo and NoHo neighborhoods could permanently alter the area. The actions aim to expand allowable residential density for multifamily buildings, spur the construction of income-restricted and permanently affordable housing, and increase available community facilities. If approved, the upzone could spur the development of more than 3,200 new apartment units, 108,000 gross square feet of retail space, and 35,000 square feet of community facilities. Estimates for residential development include up to 940 affordable apartment units.
A new international supermarket and grocery store recently opened its doors at Greenpoint Landing, an expanding residential complex located on the shores of north Brooklyn. Known as Riverside Market, the new 24-hour retail store will occupy the lower levels of 7 Bell Slip between Newtown Creek and the East River.
The next URBY-branded development to debut in New Jersey will soon break ground in Downtown Newark. Led by developer L+M Partners, Newark URBY will eventually comprise 250 market-rate residences ranging from studios up to three-bedroom apartments and 4,000 square feet of ground-floor retail.
Almost all of the fenestration for the multi-story addition atop 100 Vandam Street is now complete and revealed from behind scaffolding in Hudson Square. Designed by COOKFOX and developed by Jeff Greene, the residential project involves the construction of 20 floors above a 132-year-old building that once operated as a coal power plant. The 300-foot-tall structure is located at the corner of Greenwich Street and Vandam Street.
Excavation is progressing for Disney’s 1.2 million-square-foot headquarters at 137 Varick Street in Hudson Square. Alternately addressed as Four Hudson Square, the site will give rise to a 22-story, 320-foot-tall superstructure designed by Skidmore, Owings & Merrill and developed in partnership with Silverstein Properties. Disney purchased the full-block parcel from Trinity Church Real Estate for $650 million, and Skanska completed demolition of the four structures on the site during the summer. Lendlease is in charge of constructing the new building.