Downtown

100 Norfolk Street

Cantilever Takes Shape for 12-Story, 38-Unit Mixed-Use Building at 100 Norfolk Street, Lower East Side

Construction is now ongoing on the eighth-floor cantilever of the 12-story, 38-unit mixed-use building under construction at 100 Norfolk Street, on the Lower East Side. Steel beam construction can be seen in photographs via a Bowery Boogie update. The structure will eventually measure 53,949 square feet, with 11,244 square feet designated as commercial-retail space on parts of the ground through third floors. The residential units, ranging from studios all the way up to a five-bedroom penthouse, will be condominiums and should average 1,124 square feet apiece. Amenities include a fitness center, a yoga room, a common rooftop deck, a garden lounge, private residential storage, and bike storage. Adam America Real Estate, the Naveh Shuster Group, and the Horizon Group are the developers, while ODA New York is behind the architecture. The structure has grown four stories since YIMBY’s last update in December 2015. Completion is expected before 2017.

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11 Beach Street

Construction Wrapping on 10-Story, 27-Unit Residential Conversion at 11 Beach Street, TriBeCa

Construction is now wrapping on the transformative 27-unit conversion underway at the 10-story former office building at 11 Beach Street, in TriBeCa. YIMBY can now bring you a photo of the nearly completed project, courtesy of prolific photographer Tectonic. The apartments, which will be condominiums, should average a spacious 3,976 square feet apiece. They will range from three- to five-bedrooms, some of which will come in townhouse-style and penthouse configurations. Amenities include a fitness center, a children’s playroom, an inner courtyard, a landscaped roof deck, and storage space for 14 bikes. Some of the apartments will also feature their own pool. YIMBY revealed renderings of the BKSK Architects-designed project in 2014. Thomas Juul-Hansen is crafting the interiors and HFZ Capital is the developer. Occupancy can probably be expected in the coming months.

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432 East 14th Street

12-Story, 155-Unit Mixed-Use Complex Proposed at 432 East 14th Street, East Village

Benenson Capital Partners and Mack Real Estate Group have proposed a 12-story, 155-rental-unit mixed-use complex at the site of the former Peter Stuyvesant Post Office, at 432 East 14th Street in the East Village. The developers have applied for a variance with the Board of Standards and Appeals in attempt to build four stories higher than zoning allows, DNAinfo reported. The latest permits with the Buildings Department reflect the proposal. If the variance is granted, 9,131 square feet of retail space would be located on the ground and cellar levels. The residential units should average 743 square feet apiece, with 31 of them to rent at below-market rates. Amenities include bike storage space, private residential storage, a fitness center, laundry facilities, and multiple other “recreational rooms.” If the variance isn’t granted, YIMBY assumes the developer will move forward with previously filed plans, which call for an eight-story, 114-unit complex. SLCE Architects is the architect of record. Earlier this year, the first rendering was revealed of the eight-story project.

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125 Greenwich Street

Foundation Complete for 88-Story, 273-Unit Mixed-Use Tower at 125 Greenwich Street, Financial District

Foundation work is now complete at 125 Greenwich Street, in the Financial District, the site of a planned 88-story, 273-unit mixed-use tower being developed by SHVO (headed by Michael Shvo), New Valley, and Bizzi & Partners Development. The concrete pit is now ready to make way for the tower portion, as seen in a photo by ILNY that was posted to the YIMBY Forums. The exact dimensions of building are not known, as the permits at the Buildings Department have yet to be amended, but we know it will rise 898 feet above street level (per Curbed NY) and will encompass roughly 450,000 square feet. There will be 20,000 square feet of retail space in its base and 16,000 square feet of residential amenities, including multiple terraces throughout the tower. The residential units will also be condominiums, ranging from studios to a triplex penthouse. Rafael Viñoly Architects is behind the design. Earlier this year, the developers were in the process of securing financing through various sources. Completion is expected in 2018.

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