Downtown

Two-Story Movie Theater Conversion Underway At 7 Ludlow Street, Lower East Side

6:30 am on December 23, 2015 By Reid Wilson

Property owner Alexander Olch is currently converting the former warehouse at 7 Ludlow Street, on the Lower East Side, into a two-story, two-screen movie theater, according to Bowery Boogie. The 8,853 square-foot theater, dubbed the Metrograph, will include a bookshop, a café, a lounge, and a restaurant, DNAinfo reports. Work is now focused on the interior of the structure and opening is currently slated for February 19, 2016. Daniel Margulies’ Garment District-based Margulies Houlzki Architecture is the architect of record.

45-Unit Mixed-Use Redevelopment Planned At 150 Rivington Street, Lower East Side

3:00 pm on December 17, 2015 By Reid Wilson

Cogswell Realty has filed exploratory plans for a 45-unit mixed-use redevelopment of the former Streit’s Matzo Factory, at 148-154 Rivington Street, on the Lower East Side, DNAinfo reports. Plans of the mixed-use project surfaced over the summer, and in October, the developer filed permits to demolish the upper five floors of the six-story structure at 150 Rivington. Filings indicate further demolition work will occur. The redeveloped structure would boast condominium units, a single retail unit, and 26 storage units. Permits have not yet been officially filed with the Department of Buildings.

Reveal For Redesigned 11-Story, 94-Unit Mixed-Use Building At 196 Orchard Street, Lower East Side

11:00 am on December 17, 2015 By Reid Wilson

Earlier this year, YIMBY revealed the initial design for a 10-story, 83-unit mixed-use building at 196 Orchard Street, on the Lower East Side, but now Magnum Real Estate Group and Real Estate Equities Corporation have made changes to the project. The Real Deal reports an 11-story, 94-unit structure is now planned. Ismael Leyva remains the design architect, while Incorporated Architecture & Design is designing the interior. Units will be condominiums, ranging from studios to three-bedrooms, and a 30,000 square-foot Equinox gym will be located on the ground and second floors. Over the last few months, demolition of the site’s low-rise predecessors has wrapped up, and excavation equipment has arrived. Completion is expected in the second half of 2017.

Investor Purchases Stake At Planned 14-Story, 156-Key Hotel & Retail Conversion At 86 Trinity Place, FiDi

11:00 am on December 15, 2015 By Reid Wilson

Clarion Partners has purchased a 70 percent stake in the vacant 14-story, 182,000 square-foot American Stock Exchange Building at 86 Trinity Place, in the Financial District. Clarion payed $105 million to GHC Development, and the developer plans to convert the former office building into commercial-retail and a 156-key hotel. Retail space will be located from the ground floor through the fifth floor, while the hotel will be located on the upper floors. A restaurant will be built on the sixth floor. The building’s floor area will technically be expanded, thanks to expansions on the fourth floor, the addition of a fifth floor, and enlargements towards the top of the building. David Nicholson’s Hell’s Kitchen-based SBLM Architects is the architect of record. [The Real Deal]

Construction Update: 100 Barrow Street, West Village

7:00 am on December 15, 2015 By Rebecca Baird-Remba

The Toll Brothers’ new condo building is rising fast on the campus of the Church of St. Luke in the Fields in the West Village, and Tectonic captured some photos of the construction progress. The structure at 100 Barrow Street has reached six stories so far, but it will ultimately top out at 12 stories tall.

Rendering of the facade of the IFC Center at 14-16 Cornelia Street, approved by the LPC.

IFC Center Expansion to 14-16 Cornelia Street Clears Hurdle At Landmarks

7:30 am on December 11, 2015 By Evan Bindelglass

The IFC Center, deeply in need of more space, is one step closer to an expansion. The Landmarks Preservation Commission recently approved plans for the movie theater at Sixth Avenue and West 3rd Street to expand to a vacant lot behind it at 14-16 Cornelia Street. That would bump IFC’s five theaters seating a total of 480 people to 11 theaters seating a total of 948 people, while also clearing out the sidewalk with added lobby space.

Filings Submitted For 24-Story, 62-Unit Condo Redevelopment At 100 Vandam Street, Hudson Square

2:00 pm on December 9, 2015 By Reid Wilson

Very early this year, YIMBY brought you renderings of Jeff Greene’s planned 24-story, 62-unit residential development at 100 Vandam Street, in Hudson Square, and now the developer has filed applications for the COOKFOX-designed project. The existing six-story, 55,300 square-foot former factory building will be expanded to 156,629 square feet via a 19-story vertical extension. Of the total square-footage, 2,311 square feet of space will be designated for ground-floor retail. Condos will average a spacious 2,457 square feet each, and a duplex penthouse unit will span the 23rd and 24th floors, according to the Schedule A. The Real Deal was the first to report on the filings.

12-Story, 38-Unit Condo Building Rising Again At 100 Norfolk Street, Lower East Side

4:00 pm on December 8, 2015 By Reid Wilson

This past summer, steel beam construction began on the 12-story, 38-unit condo building planned at 100 Norfolk Street, on the Lower East Side, but the project ended up stalling out for a number of months until crews recently were able to get back on site. The structure is now rising again and currently four stories up, courtesy of photos by Tectonic. The 53,949 square-foot structure includes 11,244 square feet of commercial space, which was marketed as two units. Five residential units remain for sale and completion is expected in late 2016. ODA Architecture is designing and Adam America Real Estate, Naveh Shuster Group, and Horizon Group are developing.

Foundation Work Underway For Seven-Story, 37-Unit Condo Project At 50 Clinton Street, Lower East Side

3:00 pm on December 8, 2015 By Reid Wilson

Early in 2014, YIMBY reported on applications for a seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side, and later that year, DHA Capital acquired the development site for $28 million. Bowery Boogie now reports foundation work is well underway, although construction has been temporarily halted by stop work orders. Issac & Stern Architects is designing the project, which will also include 1,836 square feet of ground-floor retail space. The residential units will be condos and will average 1,023 square feet apiece. All but eight are in contract and completion is scheduled for the second half of 2016.

Nine-Story, 13-Unit Condo Project Wraps Up Construction At 290 West Street, TriBeCa

6:00 am on December 7, 2015 By Reid Wilson

Back in October, YIMBY brought you an update on the nine-story, 13-unit residential building topping out at 290 West Street, in TriBeCa. Since then, the structure has received its cladding, as seen in these photos courtesy of Tectonic. The project’s condominiums range from 2,241 to 3,165 square feet, and the top three penthouses each have private outdoor space. Adjmi & Andreoli served as the design architect, while VE Equities is the developer. Only two units have yet to be sold, and move-ins can probably be expected by early 2016.

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