206 Wadsworth Avenue

Eight-Story, 150-Dorm-Unit Building Planned At 206 Wadsworth Avenue, Washington Heights

Caerus Group is reportedly partnering with an undisclosed university to build an eight-story, 150-dorm-unit mixed-use building at 206-212 Wadsworth Avenue, in northern Washington Heights, three blocks from the 181st Street stop on the 1 train. The building will measure 105,000 square feet, and a Baptist church is planning to relocate to space on the ground floor. The existing three-story church will be demolished. If the university and developer can’t reach a deal, 80 residential units are planned, according to The Real Deal.


38 West 33rd Street

36-Story, 198-Unit Mixed-Use Project At 38 West 33rd Street Financed, Midtown South

Over a year ago, applications were initially filed for a 36-story, 198-unit mixed-use building planned at 38-46 West 33rd Street in Midtown South, and then YIMBY revealed a rendering of the project this past summer. Now, The Torkian Group has landed a $105 million construction loan for their 220,000 square-foot building, Commercial Observer reports. As previously reported, 198 residential units will spread across 160,029 square feet of residential space, with units averaging roughly 800 square feet, and ground-floor retail will measure 5,872 square feet. Stephen B. Jacobs Group is designing, and excavation work is currently underway.




134-138 Bowery in October 2014, image via Google Maps

Permits Filed: Hotel and Apartments at 138 Bowery, Little Italy

Back in 2011, the Wall Street Journal predicted the demise of the Bowery’s Lighting District, a strip of wholesale light stores beginning south of Delancey Street in the borderlands between the Lower East Side and Little Italy. Now three of those shops will bite the dust to make way for an eight-story residential and hotel project at 138 Bowery, situated mid-block between Broome and Grand Streets.

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