Downtown

12-Story, 29-Unit Mixed-Use Conversion Planned At 627 Greenwich Street Factory, West Village

10:00 am on September 23, 2015 By Reid Wilson

Last year, Brack Capital Real Estate acquired the 12-story former factory building at 627 Greenwich Street, in the West Village, for $105 million, and now the developer is converting the building into 29 condominiums. The latest plans, filed this past summer, have the building measuring 117,594 square feet, which includes 9,257 square feet of retail space on the ground floor for three commercial units. The 29 condos will average 3,735 square feet apiece, and Issac & Stern Architects are designing.

10-Story, 171-Key Hotel Conversion Underway At 396 Broadway, Tribeca

4:00 pm on September 22, 2015 By Reid Wilson

The Amirian Group and Bridgeton Holdings have begun converting the former 10-story, 50,000 square-foot office building at 396 Broadway, in Tribeca, into a 171-key hotel, according to Crain’s. Rooms will start at $200 per night, which is reportedly below the city’s average of $231. DXA Studio is designing the conversion, and a soft opening is expected at the end of 2016.

Six-Story, Six-Unit Residential Project Planned At 356 East 8th Street, East Village

10:00 am on September 22, 2015 By Reid Wilson

M Development is planning to expand the vacant four-story townhouse at 356 East 8th Street, in the East Village, into a six-story, six-unit residential building, according to EV Grieve. The building currently measures 3,112 square feet, but will be enlarged to 7,214 square feet, with units averaging 1,202 square feet apiece. Maqsood Faruqi’s Astoria-based Mar Engineering is the applicant of record, and signage indicates completion is expected next spring.

East New York rezoning map, image via Department of City Planning

City Begins Public Review for East New York, Mandatory Inclusionary Zoning and Zoning Changes

8:00 am on September 22, 2015 By Rebecca Baird-Remba

The City Planning Commission officially kicked off the public review process yesterday for the administration’s three major housing policies to date: mandatory inclusionary zoning, zoning for quality and affordability, and the East New York rezoning.

Six-Story, 11-Unit Conversion & Expansion Tops Out At 85 Attorney Street, Lower East Side

6:30 am on September 21, 2015 By Reid Wilson

A two-story addition to an old four-story factory appears to be topped-out at 85 Attorney Street, on the Lower East Side, per Bowery Boogie. Once complete, the six-story, 10,000 square-foot residential building will contain 11 units averaging 909 square feet apiece. A roof terrace will be located above the sixth floor. Morris Platt is the developer, and Joseph Pell Lombardi is reportedly the architect of record, although Yoram Finkelstein is listed as the latest applicant on permits. Completion in 2016 seems likely.

Seven-Story Expansion Of Treatment Center Tops Out At 25 Avenue D, East Village

4:00 pm on September 16, 2015 By Reid Wilson

The horizontal expansion of the seven-story building at 25 Avenue D, in the East Village, appears to be structurally complete, according to EV Grieve. Educational Alliance is building the expansion to their existing facility, which is used to treat adults with chemical dependancies. The new addition will be used to house patients, and according to filings, there will be a total of 37 units. The building has not yet received its façade, but a 2016 opening seems reasonable. WSP Cantor Seinuk is the engineer of record.

Excavation Begins For Six-Story, Eight-Unit Mixed-Use Project At 26 Avenue B, East Village

11:00 am on September 16, 2015 By Reid Wilson

Excavation has commenced at 26 Avenue B, in the East Village, where a six-story, eight-unit mixed-use building is planned, according to EV Grieve. The building will measure a total 7,732 square feet, which includes 1,614 square feet of retail space on the ground floor; according to the Schedule A, an eating and drinking establishment is planned. Residential units above will average 765 square feet apiece. Back when the filings were submitted to the DOB in 2011, Shiming Tam was the architect, but now Roman Sorokko’s Little Neck-based Versatile Engineering is serving as applicant of record.

15-Story Mixed-Use Project At 145 Clinton Street Lands Tenant, Lower East Side

6:30 am on September 16, 2015 By Reid Wilson

Roughly a year ago, YIMBY reported on filings for Essex Crossing‘s 15-story, 211-unit mixed-use building planned at 145 Clinton Street, on the Lower East Side, and last January we revealed renderings of the project. The 300,000 square-foot building includes 43,000 square feet of commercial space, and Planet Fitness is now expected to lease 22,000 square feet on the second floor, The Lo-Down reports. A 30,000 square-foot grocery store is also planned for the ground floor, though it currently lacks a confirmed tenant.

60 Fifth Avenue in July 2014, photo by Christopher Bride for PropertyShark

NYU Plans to Expand the Old Forbes Magazine Building, 60 Fifth Avenue

6:00 pm on September 15, 2015 By Rebecca Baird-Remba

After 52 years in an imposing eight-story building at the corner of Fifth Avenue and 12th Street in Greenwich Village, Forbes Magazine moved to new headquarters in Jersey City last year. Now the new owner, New York University, has filed plans to expand the 1925 office building at 60 Fifth Avenue.

Buildings To Be Demolished At 201 East Broadway Development Site, Lower East Side

12:30 pm on September 15, 2015 By Reid Wilson

Daniel Wise, operating as an anonymous LLC, has acquired the four-story tenement buildings at 201-203 East Broadway, on the Lower East Side, for $8.5 million last month, according to Bowery Boogie. Last week, demolition permits were filed to knock the buildings down, and asbestos abatement notices were posted on-site. The site boasts 28,152 square feet of development rights, or 37,152 square feet if a community facility is included. New building applications haven’t been filed with the DOB.

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