Retail

ULURP Kicks Off For 23-Story, 335-Unit Mixed-Use Building At 2 Sherman Avenue, Washington Heights

11:00 am on January 21, 2016 By Reid Wilson

The Uniform Land Use Review Procedure (ULURP) has officially kicked off for the proposed 23-story, 335-unit mixed-use building at 2 Sherman Avenue, in the Fort George section of Washington Heights, located four blocks from stops on either the A or 1 trains. The project, developed by Washington Square Partners and Acadia Realty Trust, will include retail space and a community facility. According to Politico New York, the project will be the first to utilize Mayor Bill de Blasio’s Mandatory Inclusionary Housing program, which requires developers to rent 30 percent of the residential units at below-market rates in exchange for a rezoning. The mayor’s program is expected to be voted on over the next few months. If the program is not established, the developers will go ahead with the city’s current system, which would require 20 percent of the units to be affordable. An existing two-story commercial building must first be demolished.

Eight-Story Vernon Tower On Astoria Waterfront Rises To Second Level

6:00 am on January 21, 2016 By Vitali Ogorodnikov

The residential building at 31-43 Vernon Boulevard, on the East River waterfront in Queens, has risen to its second level. The project, known as Vernon Tower, is designed by PACS Architecture and developed by Michael Heletz of Vernon Tower LLC. The grey and white, panel-clad building will rise directly from the sidewalk to the pinnacle, with two-story setbacks at the corners. 1,409 square feet of retail will activate the ground level facing Vernon Boulevard.

Ground-Floor Retail Planned In 20-Story Office Building At 601 West 26th Street, West Chelsea

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

RXR Realty is planning to convert the ground floor of the Starrett-Lehigh Building – a 20-story, 2.3-million square-foot office building at 601 West 26th Street, in West Chelsea – into 50,000 square feet of retail space. The building, built in 1931 and designed by Cory & Cory, is an individual landmark and sits within the West Chelsea Historic District, which means the Landmarks Preservation Commission must approve the plans. According to Crain’s, new retail will span the full length of Eleventh Avenue between West 26th and 27th Streets. Verizon previously occupied the ground and second floors of the property along Eleventh Avenue but agreed to relocate within the building. An architecture firm has not been selected, although construction is tentatively expected to begin next year.

Landmarks Approves Changes to 1 Wall Street to Allow for Residential Conversion

8:00 am on January 20, 2016 By Evan Bindelglass

A big change for a Lower Manhattan landmark is one step closer to becoming a reality. On Tuesday, the Landmarks Preservation Commission approved modifications to 1 Wall Street, paving the way for its conversion from bank headquarters to residential condominiums with ground-floor retail.

Construction at 319 Schermerhorn Street. Photo by Tectonic.

Construction Update: 319 Schermerhorn Street Nearly Half Way Up, DoBro

7:00 am on January 19, 2016 By Evan Bindelglass

It was back in May of 2015 that YIMBY brought you a new rendering of the 21-story mixed-use development at the corner of Schermerhorn and Nevins streets in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can report that 319 Schermerhorn Street’s construction has nearly reached the half way mark.

Work at 38 West 33rd Street. Photo by Tectonic.

Scope Grows As Construction Underway At Torkian Group Project On West 33rd Street, Midtown South

7:00 am on January 15, 2016 By Evan Bindelglass

It was way back in September of 2014 that YIMBY reported on filings for a new residential building at 38-46 West 33rd Street (a.k.a. 38 West 33rd Street), in Midtown South. Then in June of 2015, we revealed a rendering of the project. In September, the Torkian Group development got financed by a $105 million loan. Now, the project’s scope is slightly bigger and construction is underway, which we can see in a pair of photos sent to us by our friend Tectonic.

Developer Closes On Mixed-Use Development Site At 615 Tenth Avenue, Hell’s Kitchen

6:30 am on January 15, 2016 By Reid Wilson

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.

11,000 Square-Foot Retail Project Planned At 2131 Hylan Boulevard, Grant City, Staten Island

1:00 pm on January 13, 2016 By Reid Wilson

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.

Chinatown Landmark At 66 Allen Street To Be Restored, Converted

8:00 am on January 13, 2016 By Evan Bindelglass

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.

Rendering of 99 Hudson Street, January 2015. Via City of Jersey City.

Jersey City’s Towering 99 Hudson Street Gets FAA Clearance

7:00 am on January 12, 2016 By Evan Bindelglass

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.

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