Downtown

Developers Planning Six-Story, 100-Unit Condo Conversion At 45 Rivington Street, Lower East Side

10:00 am on March 1, 2016 By Reid Wilson

In November of 2014, the former 206-bed nursing home for AIDS patients (dubbed Rivington House) located at 45 Rivington Street, on the Lower East Side, closed its operations. Last year, there were reports that The Allure Group would turn the five-story, 150,000-square-foot building into a nursing home that would be available to all seniors, but now a team of developers has acquired the property for $116 million, according to The Real Deal. The team includes the U.S. branch of China Vanke Co., Slate Property Group, and Adam America Real Estate, and they plan to convert the building into roughly 100 condominium units. A completion date has not been disclosed.

28-Story Hotel, Residential Tower Tops Out At 215 Chrystie Street, Lower East Side

6:00 am on March 1, 2016 By Reid Wilson

In November, the 28-story, mixed-use building under development at 215 Chrystie Street, on the Lower East Side, was at the 16th floor, and now Bowery Boogie reports the tower has topped out. The 245,264-square-foot structure stands 314 feet above the street level and will include hotel and residential portions. The building’s lower portion will sport a 370-key Public Hotel, with retail and restaurant space located on the ground floor. The upper portion will feature 11 condominium units, each averaging a spacious 3,035 square feet. Ian Schrager and Witkoff are the developers with Herzog & de Meuron as the design architect and Handel Architects is the architect of record. Completion is expected later this year.

ULURP Underway For 13-Story, 63-Unit Mixed-Use Project At 255 East Houston Street, Lower East Side

10:00 am on February 29, 2016 By Reid Wilson

Back in August of 2015, YIMBY reported on applications for a 10-story, 53-unit residential building at 255 East Houston Street, on the Lower East Side, but now landlord Samy Mahfar is taking the project through Urban Land Use Review Procedure (ULURP) in order to build commercial-retail space. According to Bowery Boogie, the latest plans call for 13-story building on East Houston and an eight-story counterpart at 171 Suffolk Street. As proposed, the entire project would encompass 93,015 square feet and includes 7,240 square feet of ground-floor retail space. There would be a total of 63 residential units and 20 percent of them would be rented through the affordable housing lottery. Stephen B. Jacobs Group is designing and completion is tentatively scheduled for 2020. An existing four-story building must first be demolished.

First Look At 86-Story, 245-Unit Mixed-Use Supertall Tower At 45 Broad Street, Financial District

6:30 am on February 29, 2016 By Reid Wilson

Last month, news broke that Madison Equities and Pizzarotti-IBC are planning an 86-story, 245-unit residential tower at 45 Broad Street, in the Financial District, and now The Real Deal has the first look at the 1,100-foot building. CetraRuddy is designing the project, and the renderings are being used in EB-5 materials, which means the design is likely preliminary. The developers are seeking to raise $75 million in financing through the program. The first five floors, or roughly 50,000 square feet, will be dedicated to commercial space, and the residential units will come in studio, one-, two-, and three-bedroom configurations. The project’s 20,000 square feet of amenities will include a pool, a fitness center, an outdoor garden, and lounges with entertainment areas. New building applications and a groundbreaking are expected later this year, with completion slated for 2018. AMS Acquisitions is another partner in the project.

Six-Story, Five-Unit Mixed-Use Building Filed At 193 Henry Street, Lower East Side

1:00 pm on February 26, 2016 By Reid Wilson

Property owner Daniel Wise, doing business as an anonymous LLC, has filed applications for a six-story, five-unit mixed-use building at 193 Henry Street, on the Lower East Side, located two blocks from the East Broadway stop on the F train. The development will encompass 8,610 square feet and would replace a dilapidated four-story, 25-foot-wide townhouse, for which demolition permits were recently filed. There will be 1,355 square feet of ground-floor retail space and a small 384-square-foot medical office in the cellar. The full-floor residential units begin on the second floor and will average a specious 1,374 square feet apiece, indicative of condos. The structure will be topped by a rooftop terrace and recreation space. Think Architecture and Design is the architect of record.

25-Story Mixed-Use Office Building Now Planned At 68-74 Trinity Place, Financial District

6:30 am on February 25, 2016 By Reid Wilson

Back during the summer of 2015, YIMBY brought you an update on the ongoing demolition of the five-story structure at 68 Trinity Place and the 25-story building at 74 Trinity Place, in the Financial District. Property owner Trinity Church has long sought to build a 500-foot-tall mixed-use condominium building at the site, but those plans have now been scrapped in favor of a 25-story, 145,000-square-foot mixed-use building with office space rather than apartments. According to The Real Deal, there will be 98,000 square feet of community facility space for the religious organization, fit with classrooms, a fitness center, a café, and meeting rooms. The office space will begin on the 10th floor. Pelli Clarke Pelli Architects, who designed the latest residential proposal, will again be responsible for the design of the office plans.

Six-Story, Six-Unit Condominium Project Tops Out At 64 East 1st Street, East Village

1:00 pm on February 24, 2016 By Reid Wilson

In April of 2014, YIMBY reported on applications for a six-story, six-unit residential building at 64 East 1st Street, in the East Village, and construction began began on the project in August of 2015. EV Grieve now reports the structure has topped out. It now stands 60 feet above street level and measures a total 14,884 square feet. Each floor will contain a single condominium, except the ground-floor unit will have to share the floor with the residential lobby, and the sixth-floor unit will actually be a duplex apartment featuring a seventh-floor penthouse and private terrace. On average, the units will measure 2,183 square feet apiece. Dubbed 64 East, GF55 Partners is the designing the project and MGM Property Group is developing it. Completion can probably be expected later this year.

Seven-Story, 37-Unit Residential Building Rises At 50 Clinton Street, Lower East Side

3:00 pm on February 23, 2016 By Reid Wilson

In December of 2015, foundation work was underway at the planned seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side. Now, Bowery Boogie reports the structure is two stories above street level. Once complete, the project will encompass 43,002 square feet and will have 1,836 square feet of ground-floor retail space. The residential units, which are condominiums, will average 1,023 square feet apiece and Paris Forino is designing the interiors. Only six units remain up for grabs. Amenities will include, but are not limited to, a 24-hour doorman, bike storage, residential storage, a fitness center, and a rooftop recreation space. Issac & Stern Architects is behind the project design and DHA Capital is the developer. Completion is expected by the end of this year.

Seven- And Six-Story Mixed-Use Projects Wrap Up Construction At 324-328 Grand Street, Lower East Side

11:00 am on February 22, 2016 By Reid Wilson

Back in the summer of 2013, construction restarted on the long-stalled seven-story, 20-unit mixed-use project at 324 Grand Street, on the Lower East Side, and now Bowery Boogie reports the building is finally nearing completion. It measures 38,808 square feet in total and includes 3,718 square feet of ground-floor retail space. The apartments above should average 685 square feet apiece, indicative of rentals. James Cheng’s Flushing-based Urban Architectural Design is the architect of record, and George Lee, doing business as an anonymous Flushing-based LLC, is the developer. Construction has also since wrapped up on the six-story, five-unit mixed-use building at 328 Grand Street. That building measures 10,935 square feet and includes 1,269 square feet of ground-floor retail. The full-floor units above will be condos and average 1,084 square feet each. CTM Properties developed the property and Lam & Lam Engineering is the architect of record. Occupancy for both projects is probable over the next few months.

363 Lafayette Street, image via Google Maps

Ironstate Plans an Office Building at 363 Lafayette Street in NoHo

7:00 am on February 19, 2016 By Rebecca Baird-Remba

Ironstate shelled out $150 million last year for a 49-year lease at 363 Lafayette Street in NoHo, right in the heart of New York University’s territory. Now, they’re planning a nine-story office building on the site between Great Jones and Bond streets.

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