Downtown

Development Site At 75 First Avenue To Be Acquired By Colonnade Group, East Village

6:30 am on October 6, 2015 By Reid Wilson

Back in 2014, YIMBY revealed renderings of Ozymandius Realty and Orange Management’s planned eight-story, 27-unit mixed-use building at 75 First Avenue in the East Village. Now, the long-time owners are selling the site to Colonnade Group. The site allows for an eight-story, 35,000 square foot building with retail, but it’s not known whether the new developer intends to follow the previously filed plans. The previous owners began assembling the site in 2005, when a 14-story building could have been built, before the city downzoned the East Village in 2008, according to The Real Deal. NO Architecture designed the old proposal.

Revealed: 440 Washington Street, 41-Unit Tribeca Residential Development

8:00 am on October 5, 2015 By Nikolai Fedak

Back in December, YIMBY reported that an LLC filed applications for a new development at 440 Washington Street, in Tribeca. And now, we have the first renderings of the residential project, which is being developed by Ponte Equities and designed by OCV Architects.

Residential Conversion Planned At 20 Broad Street, 27-Story Office Building In Financial District

6:00 am on October 5, 2015 By Reid Wilson

Back in August, Vornado Realty Trust mulled the idea of a residential conversion at the 27-story, 473,000 square-foot office building at 20 Broad Street, in the Financial District. Now, Nathan Berman is purchasing the leasehold from Vornado and reportedly following through with the conversion to rental apartments, per Crain’s. The New York Stock Exchange — expected to vacate the structure next August — owns the land under the building, and the lease expires in 2081.

St. Luke’s School To Pursue Vertical Expansion At 487 Hudson Street, West Village

6:30 am on October 2, 2015 By Reid Wilson

The St. Luke’s School is planning to expand their 40,000 square-foot facility at 487 Hudson Street, in the West Village, by 20,000 square feet, according to Commercial Observer. The addition will include a glassbox theater, an expanded gym, and additional classrooms, but will have to be built atop a new foundation over the existing three story building. The school recently extended their lease for another 49 years at the property.

First Look At 10-Story, 13-Unit Mixed-Use Project At 173 Chrystie Street, Lower East Side

6:00 am on September 30, 2015 By Reid Wilson

Late last year, YIMBY reported on filings for a 10-story, 13-unit mixed-use building planned at 173-175 Chrystie Street, on the Lower East Side, and now a rendering has surfaced of the project, per Bowery Boogie. The new building will have 1,537 square feet of retail space on the ground floor, and the condos will average roughly 2,000 square feet apiece. Nexus Development is developing, ODA Architecture is designing, and completion is tentatively expected in 2018.

Renovation Of Four-Story Mixed-Use Building At 95 Avenue B Complete, East Village

1:30 pm on September 29, 2015 By Reid Wilson

A top-down renovation is nearly complete at the four-story, two-unit mixed-use building at 95 Avenue B, in the East Village. According to EV Grieve, a newly constructed retail unit is now available on the ground floor. The Schedule A notes two residential units occupy the upper floors of the building, and those have also been gut-renovated. Clinton Hill-based PH Architecture + Sustainable is the architect of record, and scaffolding has recently been removed, indicating opening is likely imminent.

First Renderings for One Wall Street’s Retail Revamp

8:00 am on September 28, 2015 By Nikolai Fedak

Two weeks ago, YIMBY posted the first exteriors for the Robert A.M. Stern-designed revamp of One Wall Street, and now a new video for the project has appeared, featuring its developer Harry Macklowe, which comes with fresh renderings of what the project’s retail may look like.

Reveal For 43-Story, 667-Foot-Tall Condo Tower At 45 Park Place, Tribeca

6:00 am on September 28, 2015 By Reid Wilson

In the first half of 2014, YIMBY reported on building applications for a nearly 600-foot-tall luxury residential tower at 45 Park Place, in Tribeca, and later that year, we revealed preliminary renderings of the project. Now, Bloomberg Business has the latest news on the tower, as well as an update on the design. The building will have 43 actual stories and will top out 667 feet above street level, up from the 39-story and 597-foot figures reported earlier. The latest filings call for 50 condominiums, and at least 15 will reportedly be full-floor units measuring 3,200 to 3,700 square feet. The 134,304 square-foot building will also incorporate 1,089 square feet of ground-floor retail.

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.

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