Eight Stories of Light Industrial Space and Retail Planned for 497 Carroll Street, Gowanus
The owners of Textile Arts Center in Gowanus are building more light industrial space next door at 497 Carroll Street, between Third and Fourth avenues.
Manufacturing
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New Owners Plan Partial Office Conversion at Six-Story, 225,000-Square-Foot Industrial Property, 43-01 22nd Street, Long Island City
Back in May, Olmstead Properties and Newmark Holdings entered into contract to purchase the six-story, 225,000-square-foot manufacturing building at 43-01 22nd Street, located on the corners of 43rd and 44th avenues in the heart of Long Island City. The duo have now closed on the purchase for $61 million, Commercial Observer reported. They plan to convert the structure into office space, although roughly two-thirds of the property is currently leased to Reis Studios. The vacant portions are expected to be converted soon, but it’s not known when the currently leased space will get the conversion. Upgrades to the building will include a redesigned lobby, new windows and façade elements, and new mechanical infrastructure such as elevators.
Developer in Contract to Acquire Commercial Site at 455-459 Smith Street, Gowanus
Property Markets Group is in contract to purchase the vacant 166,000-square-foot property at 455-459 Smith Street, in Gowanus, for roughly $50 million, DNAinfo reported. The site – bound by Huntington Street to the south, Smith Street to the west, Fifth Street to the north, and the Gowanus Canal to the east – is zoned for manufacturing. It can support 332,000 square feet of commercial development as-of-right in the form of offices, hotels, retail, and manufacturing/industrial space. The eventual new owner is mulling the idea of building a mixed-use development with a hotel, offices, and retail space, although development plans are in very early stages. The site, once home the Citizens Manufactured Gas Plant, is currently undergoing a remediation headed by National Grid. The plant’s last warehouse structure was demolished years ago. The Smith-Ninth Streets stop on the F and G trains is located a block to the south.
City Council Greenlights New Williamsburg Office Building at 25 Kent Avenue and New Kind of Industrial Zoning for It
North Williamsburg is one step closer to getting its first new office building in half a century. Yesterday, the full City Council approved a special permit with a new kind of industrial and commercial zoning for the eight-story project at 25 Kent Avenue.
Four-Story, 37,000-Square-Foot Manufacturing-Medical Building Filed at 325 Calyer Street, Greenpoint
Brooklyn-based property owner Anthony Wala has filed applications to expand the single-story manufacturing warehouse at 325 Calyer Street, in Greenpoint, into a four-story, 36,894-square-foot mixed-use commercial structure. Manufacturing space, making up 18,894 square feet, would be located on the ground, mezzanine, and second floors. Medical office space, totaling 18,000 square feet, would be located on the third and fourth floors. There would also be a 60-car garage on the ground floor. Jeffrey L. Kamen’s NoHo-based architectural firm is the architect of record. The 18,894-square-foot, block-thru lot is located eight blocks from the Greenpoint Avenue stop on the G train. The filings come on the heels of plans for a six-story, car repair-office building at 305 Calyer Street.
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