Downtown

438 East 12th Street

Excavation Begins At 438 East 12th Street, Site of Six-Story, 82-Unit Mixed-Use Building, East Village

Excavation has kicked-off at the block-thru site at 438 East 12th Street, in the East Village, where Douglas Steiner plans a six-story, 82-unit mixed-use building, according to EV Grieve. The building will measure a total 117,170 square feet, which includes ground-floor retail and community space spanning 8,375 and 960 square feet, respectively. The condominium units will average 1,315 square feet each, and S9, an affiliate of Perkins Eastman, is designing. Completion is slated for mid-2017.

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250 South Street

Extell’s 250 South Street Will Total 68 Floors & 1.1 Million Square Feet

In May, YIMBY revealed partial renderings of Extell’s planned residential tower at 250 South Street, and at the time, DOB filings indicated it was to stand 56 stories, spanning 939,850 square feet. Now, according to DNAinfo, permits show a tower closer to the initially proposed building, standing 68 stories and 800 feet tall, and measuring 1,105,386 square feet. The project now includes 802 residential units, and 25,516 square feet of retail space on the ground floor.

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71 4th Avenue, photo by Nicholas Strini for PropertyShark

Permits Filed: 71 4th Avenue, East Village

The squat single-story building at the corner of 10th Street and Fourth Avenue in the Village has sat vacant for nearly seven years, after a bodega closed to make way for a hotel that never materialized. The wedge-shaped plot hit the market three years ago for $24,000,000, and it looks like a new building will finally rise there. New building applications were filed over the weekend for a 10-story, eight-unit building on the site.

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331 East Houston Street

13-Story, 78-Unit Residential Building Wraps Up At 331 East Houston Street, Lower East Side

Construction has wrapped up at 331 East Houston Street, on the Lower East Side, where Halpern Real Estate Ventures has built a 13-story, 78-unit residential building, per EV Grieve. The building measures 57,560 square feet, which means units average 740 square feet, and 16 apartments are set aside as affordable. SBJ Group designed the building, and occupancy is likely planned in the next few weeks once the remaining scaffolding is deconstructed.

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