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520 5th avenue

Ceruzzi Hopes To Begin Construction At 520 Fifth Avenue Next Spring

Developer Louis Ceruzzi has already begun demolition work at his property at 520 Fifth Avenue. We now know that construction will begin before New Years on the 71-story Handel Architects-designed tower, courtesy of an interview Ceruzzi gave to the Commercial Observer. In the interview, he also gave an update on his development at 147 East 86th Street. He said there is much work to be done relating to the Second Avenue Subway project, but real work should start in March.

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Permits Filed For Eight-Unit Mixed-Use Building At 170 Marcy Avenue, Williamsburg

Permits have been filed for a new eight-unit, five-story mixed-use building at 170 Marcy Avenue in Williamsburg, between Broadway and South 5th Street. It would be 47-feet-tall, and units will spread across 4,314 square feet, averaging a small 539 square feet apiece. There would be two apartments each on the second through fifth floors, and both the second floor and roof would have assembly areas for 75 people each. The first floor would have two retail spaces spanning 1,495 square feet.

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500 Livonia Avenue. Via Google Maps.

City Plans 90-Unit, Seven-Story Mixed-Use Building At 500 Livonia Avenue, East New York

The New York City Department of Housing Preservation and Development is planning to construct a new mixed-use building on an empty lot in East New York. The seven-story, 88,081 square-foot building will be erected at 500 Livonia Avenue, between Snediker and Hinsdale Streets. It will house 90 residential units across 79,284 square feet, for an average unit size of about 881 square feet. In addition to two residential units, the first floor will have 8,797 square feet of retail space, storage for 45 bicycles, and recreation space. Christine Hunter of Manhattan-based Magnusson Architecture and Planning is the applicant or record. The closest trains will be the L at Livonia Av and the 3 at Pennsylvania Av.


Construction To Begin On The Fitzroy At 514 West 24th Street, Chelsea

For over a year, YIMBY has been reporting on plans for condominiums near the High Line at 514 West 24th Street in Chelsea. Now, construction of the building, dubbed the Fitzroy, is set to commence. Permits have been approved, a source told YIMBY, which means work can start as soon as possible. The 10-story building will house 14 two- to five-bedroom units, plus ground floor retail. JDS Development Group and Largo Investments are the developers and Roman & Williams has designed the building. Sales have already launched, as has a website.

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30-17 40th Avenue

Lightstone Developing 10-Story, 428-Unit Residential Project At 30-17 40th Avenue, Long Island City

Late last year, YIMBY reported on applications for a 10-story, 428-unit residential building at 30-17 40th Avenue, in northern Long Island City, and now Curbed reports the Lightstone Group is the developer. Per filings with the DOB, the building will measure 293,703 square feet, but that only includes a portion of the building’s entire area, which will measure 413,000 square feet in total. Retail space will also measure 3,181 square feet on the ground floor. The project will be made up of studios, one-, and two-bedroom units, as well as 22,000 square feet of amenity space. Gerner Kronick + Valcarcel Architects is the applicant of record, and completion is expected in 2017.

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