Commercial

234 Butler Street

Developer Planning Two Commercial Buildings At 234 Butler & 242 Nevins Streets, Gowanus

Alloy Development is seeking to build two 104,000 square-foot office buildings at 234 Butler Street and 242 Nevins Street, in northern Gowanus, located four blocks from the Union Street stop on the R train. DNAinfo reports those are the same properties the city is looking to seize through eminent domain to build two underground sewage tanks. The U.S. Environmental Protection Agency has ordered the construction of the tanks, and is recommending for them to be built under Thomas Green Park, an adjacent block. Alloy has offered the city 138,000 square feet of public park space if they were to develop the properties, which both owners have already agreed to. The EPA says the adjacent park would have to be decontaminated regardless, and the agency will make the final decision on the tanks’ location in the next few weeks.


11 Bond Street

Commercial-Retail Conversion Planned For 4.5-Story Property At 11 Bond Street, NoHo

Aby Rosen’s RFR Realty has filed applications to convert and expand the 4.5-story building at 11 Bond Street, in NoHo, into a commercial property fit for a single retail tenant, according to Bowery Boogie. The 16,410 square-foot building, which also goes by 348 Lafayette Street, is currently a women’s shelter operated by the Center of Urban Community Services. Annabelle Selldorf is designing the project, which would require approval from the Landmarks Preservation Commission. Aby Rosen acquired the property for $26 million over the summer.


120 Fifth Avenue

Developer Planning Possible Mixed-Use Project At 120 Fifth Avenue Site, Park Slope

Avery Hall Investments is in contract to purchase the grocery store at 120 Fifth Avenue, in northern Park Slope, according to DNAinfo, and plans to close on the site in the second half of 2016. The developer is planning a mixed-use building with residential units and commercial space, although details have yet to be hammered out. A Key Food currently occupies the site, which is reportedly one of the largest development sites in the neighborhood.




Fetching more...