3052 West 21st Street

Construction Imminent On 5,000-Seat Amphitheater & Restaurant At 3053 West 21st Street, Coney Island

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

Developer iStar Financial and Coney Island USA have received the go-ahead to begin construction on the vacant but landmarked three-story, nearly 56,300 square-foot building at 3053 West 21st Street, on Coney Island. The structure and an adjacent vacant lot are being converted into a 90,000 square-foot complex featuring a 5,000-seat amphitheater. According to the Commercial Observer, a restaurant is also planned, and the $53 million project is expected to be finished by the middle of 2016.

9 Bashford Street

i.Park Hudson’s 96-Unit Residential Building At 9 Bashford Street Gets Financing, Yonkers

4:00 pm on June 4, 2015 By Reid Wilson

Developer National Resources has received a $14 million construction loan for their planned residential building associated with i.Park Hudson, a mixed-use campus featuring offices, retail and apartments in downtown Yonkers. The residential building, UNO, will measure 70,000 square feet and have 96 units, according to the Commercial Observer. Located at 9 Bashford Street, the existing five-story industrial building will be converted and expanded upon by four stories (based off renderings).

41-14 Haight Street

Six-Unit Mixed-Use Building Filed For 41-14 Haight Street, Downtown Flushing

3:00 pm on June 4, 2015 By Reid Wilson

Tai Song Lin has filed applications for a five-story, six-unit mixed-use building at 41-14 Haight Street, in Downtown Flushing. The building will total 5,500 square feet, and 1,130 square feet is being allotted for community facility space. A health office and a child daycare are in store, according to the Schedule A. Chang Hwa Tan’s Tan Architect is designing, and an existing two-story home must first be demolished.

425 Park Avenue

Planned 47-Story Office Building At 425 Park Avenue Receives Financing, Midtown East

2:00 pm on June 4, 2015 By Reid Wilson

L&L Holdings and GreenOak Real Estate have landed a $556 million construction loan for their 47-story, 893-foot-tall office building planned at 425 Park Avenue, in Midtown East. The developers are expanding the existing 32-story building office building to accommodate 670,000 square feet of modern office space. Partial demolition begins this month, and the building is scheduled to open in 2018.