New York City’s hospitals are struggling. St. Vincent’s Hospital in the West Village shut its doors in 2010 and sold most of its property to condo developers. Beth Israel Hospital is planning to close and sell off some of its buildings in the East Village, eventually demolishing the 825-bed hospital and developing a newer, smaller facility.
Since it stood two stories in height in April, the eight-story, 143-unit mixed-use building under development at 504 Myrtle Avenue, in northern Clinton Hill, has topped out. The latest photo comes via prolific construction chronicler Tectonic. The most recent building permits indicate the project grew slightly compared to filings retrieved for YIMBY’s April update. The structure now encompasses 125,585 square feet and has gained two units (up from 141). The ground floor will host 20,304 square feet of retail space, while the floors above will contain rental apartments, averaging 736 square feet apiece. Twenty-eight of them will rent at below-market rates through the affordable housing lottery. Silverstone Property Group and Madison Capital Realty are the developers. HTO Architects is behind the architecture and completion is scheduled for 2017.
Over the summer, the Durst Organization entered into contract to acquire the 36,281-square-foot site at 1800 Park Avenue, located between East 124th and 125th streets in Harlem. The developer has since closed on the purchase for just under $91 million, the New York Post reported. Durst will abandon the ODA New York-designed 24-story, 670-unit mixed-use project (originally 32 stories and 682 units) envisioned by the Continuum Company, the site’s previous owner. Instead, completely new plans will be drawn up, presumably by a different architect. Regardless, the final plans will include a large affordable housing component. Roughly 600,000 square feet of mixed-use space can be built as-of-right. The project is still eligible for the 421-a tax abatement since Continuum technically conducted foundation work at the site.
Last November, YIMBY reported that the 18-story, 288-unit mixed-use project at 7 West 21st Street, in the Flatiron District, topped out. Since then, much of the façade has been installed on both street fronts — the building spans the block between 21st and 22nd streets — as seen in photos taken by Tectonic. The latest building permits indicate the project encompasses 289,809 square feet. Both buildings will be connected up to the ground floor, where 13,076 square feet of retail is planned. The residential units above will be rentals, averaging 904 square feet apiece. Twenty percent (58 units) will rent at below-market rates through the affordable housing lottery. Friedland Properties is the developer. Morris Adjmi Architects is the design architect, with the Stephen B. Jacobs Group serving as the executive architect. Completion is expected in 2017. The new building sits within the Ladies’ Mile Historic District.
Developer Samy Mahfar has withdrawn an application to rezone a stretch of East Houston Street, on the Lower East Side, which would have introduced a commercial overlay for the targeted area, allowing for commercial-retail space to be built at street level, the Lo-Down reported. That means Mahfar’s planned 13-story, 63-unit mixed-use project at 255 East Houston Street won’t have ground-floor retail space. Instead, the developer plans to move forward with an as-of-right project featuring leasable community facility space. It’s unclear if withdrawing from the city’s Uniform Land Use Review Procedure (ULURP) changes the residential portion in any way. Twenty percent of the apartments (13 units) were set to be rented at below-market rates through the affordable housing lottery. Filings at the Buildings Department haven’t been amended since plans were first filed for a 10-story, 53-unit structure. The Stephen B. Jacobs Group is the architect. Demolition has commenced on the existing four-story building.
