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438 East 12th Street

Six-Story, 82-Unit Mixed-Use Building Rises At 438 East 12th Street, East Village

Last month, new renderings surfaced of the six-story, 82-unit mixed-use building under development at 438 East 12th Street, in the East Village, and now EV Grieve reports the East 12th Street-facing side of the structure is five stories above street level. The 151,943-square-foot project will eventually grow to reach the corner of East 11th Street and Avenue A. As reported, there will be 8,376 and 961 square feet of ground-floor retail and medical office space, and its 82 condominium units should average 1,315 square feet apiece. The varying unit configurations and amenities are listed in our previous post. Douglas Steiner is the developer, Perkins Eastman affiliate S9 Architecture is the design architect, and Paris Forino is designing the interiors. Completion is expected in 2017.

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225 Bowery

Reveal For 14-Story, 200-Key Ace Hotel Redevelopment At 255 Bowery, Lower East Side

Developers Omnia Group and North Wind Group are working to transform the 10-story, 55,000-square-foot former Salvation Army shelter at 225 Bowery, on the Lower East Side, into a 14-story, 200-key Ace Hotel. Bowery Boogie now has renderings of the project, which would expand the building by four stories. The expansion comes at the expense of a three-story, 8,300-square-foot structure at 223 Bowery, which was demolished this past January. Once the property is redeveloped, the ground floor will host the hotel lobby, a 130-seat restaurant, and retail space. There will also be a bar on the 11th floor, along with a roof terrace and a gym. HAKS is designing and is serving as the architect of record. The building was purchased for a little more than $30 million back in 2014.

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World Trade Center Transportation Hub

World Trade Center Transportation Hub Opens To The Public, Financial District

This past January, news broke that the $3.9 billion World Trade Center Transportation Hub in the Financial District would open to the public in early March. Last week, Curbed NY gave you a sneak peek inside the Santiago Calatrava-designed structure, and yesterday, on March 3rd, the hub officially opened. As seen in the photos, only a large chunk of the main concourse is open right now, and the rest of the structure is expected to follow in phases over the next few months. That includes 365,000 square feet of retail space to be managed by Westfield Corp. The Port Authority can now prepare to remove the temporary PATH station entrance near One World Trade Center, site of the planned World Trade Center Performing Arts Center, or PAC WTC. As reported earlier, the new transit hub now serves as the connection point for 11 subway lines, World Trade Center-bound PATH trains, multiple bus lines, and ferry service.

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45 Rivington Street

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

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.

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215 Chrystie Street

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

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.

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