Retail


365 Bond Street

12-Story, 430-Unit Residential Building Complete At 365 Bond Street, Gowanus

Back in January, construction was wrapping up on the 12-story, 430-unit residential building at 365 Bond Street, in Gowanus, and now Real Estate Weekly reports the building is nearly complete. Curbed NY also has new renderings of the project, dubbed 365 Bond. The rental apartments will come in a variety of configurations, including studio-, one-bedroom, and townhouse-style layouts, although details for the larger apartments haven’t been made available yet. There will be roughly 40,000 square feet of amenities in the form of a fitness center, a spinning room, a yoga room, multiple lounges, a library, a recreation room, multiple rooftop terraces, a waterfront esplanade, an interior courtyard, and residential and bike storage.There will also be 1,240 square feet of retail space on the ground floor. The Lightstone Group is the developer and Goldstein, Hill & West Architects designed the building. MARKZEFF and Weintraub Diaz Landscape Architecture also aided in the design process. Occupancy is expected in April, and construction is currently underway on another 270-unit residential building at 363 Bond Street.


221 East 138th Street

Seven-Story, 50-Unit Condominium Project Now Planned At 221 East 138th Street, Mott Haven

In June of 2015, YIMBY reported on applications for a 10-story, 57-unit mixed-income rental project at 221 East 138th Street, in Mott Haven, but now Tahoe Development is swapping plans for a seven-story, 50-unit market-rate condominium building. Welcome2TheBronx reports the developer is abandoning plans to include affordable units due to cost concerns. It would also be the first market-rate condo project in the South Bronx since the 2008 financial crisis. The condos will come in studio, one-, and two-bedroom layouts, and the new building will contain ground-floor retail space as previously planned. Hudson Square’s Michael Muroff Architect is the architect of record. The existing two-story warehouse is currently being demolished.


Former renderings of 98-81 Queens Boulevard - RJ Capital Holdings

Reveal For Five-Story, 100,000-Square-Foot Office Building At 98-81 Queens Boulevard, Rego Park

RJ Capital Holdings is planning to develop a five-story, 100,000-square-foot multi-use commercial building at the right triangle-shaped block at 98-81 Queens Boulevard, in Rego Park, located four blocks from the 67th Avenue stop on the M/R trains. Commercial Observer has revealed a rendering of the project, which has not yet been filed with the Department of Buildings. The project will feature a mix of commercial uses, including medical office space and ground-floor retail. There will also be an underground parking garage. Multiple low-rise buildings will have to be demolished first, including the Ohr Natan Synagogue, whose lease expires in February of 2017, and commercial buildings at 98-69 and 98-83 Queens Boulevard and 66-02 99th Street. The developer acquired the assemblage in 2013 for $9 million.


Foundation Work Underway At 27-17 42nd Road, Long Island City

The story of development at 27-17 42nd Road is a testament to the ongoing rapid change within Long Island City’s landscape. When Star Tower was first proposed in 2008, it would have lived up to its name by shining on the Court Square skyline as its tallest residential building, offering luxury unmatched by any competitor in the area. As foundation work is underway for its successor, the neighborhood is at a point where a 25-story tower becomes infill, obscured by taller neighbors from nearly all directions. The perimeter basement wall appears complete, and work is in progress on interior foundations. The Department of Buildings lists 184 condominium units spread across 221,266 square feet of floor space. Hiwin USA is listed as the owner of the property while Milestone Construction is the contractor. When the 258-foot-tall building opens its doors in 2017, it will barely make a dent on the skyline, yet it will successfully fulfill its urban role as a building that respects its neighbors while maintaining an independent identity.

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