Retail

406 Boston Post Road

730-Unit Mixed-Use Mega-Development At 406 Boston Post Road In Approval Stage, Port Chester

Greenwich, Conn.-based Starwood Capital Group’s mixed-use mega-development planned at the former 15-acre United Hospital campus, at 406 Boston Post Road in Port Chester, N.Y., is moving into the approval process, according to Westfair. The project would include the demolition of the existing medical complex, which would be replaced by 730 mixed-income residential units, a 135-key hotel, 217,000 square feet of medical office space, and 90,000 square feet of commercial-retail. It’s expected to complete the National Environmental Policy Act (NEPA) review process, by acquiring a Final Environmental Impact Statement (FEIS), and receive zoning approval sometime later this year. Local community coalition Sustainable Port Chester Alliance has also recently proposed an agreement that would include preserving the 13-story, 134-unit rental building at 999 High Street, which is unfortunately expected to be demolished in the process. Construction is expected to begin in 2018 following the necessary approvals.


Cindy Xu of China Overseas America (in blue) and Jersey City Mayor Steven Fulop (to her left) at the groundbreaking for 99 Hudson Street.

Ground Broken for 99 Hudson Street, Jersey City, To Be New Jersey’s Tallest Tower

On Thursday, at a little before noon, a groundbreaking ceremony was held for 99 Hudson Street in Jersey City. Located on a site bounded by Hudson, Grand, Greene, and York streets, the 900-foot-tall mixed-use condominium tower will likely be the tallest building in the state and one of the tallest residential buildings in the entire country. The event not only kicked off construction, but also provided a venue to show off new renderings of the project.

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154 Rivington Street

Seven-Story, 45-Unit Mixed-Use Redevelopment Filed At 150 Rivington Street, Lower East Side

Last December, Cogswell Realty filed exploratory plans for a mixed-use redevelopment of the former Streit’s Matzo Factory, spanning 148-154 Rivington Street on the Lower East Side. The brick buildings will be partially demolished down to the first floor, according to permits with the Department of Buildings. Bowery Boogie spotted additional filings that call for six floors to be built atop the single-story structure that would be left behind after demolition. There will be 45 residential units in total and retail space is expected to measure 10,219 square feet on the ground and cellar floors. The structure would be topped by a open roof terrace. GLUCK+ is the architect of record and likely designing the redevelopment.


263 Franklin Avenue

Eight-Story, 18-Unit Residential Building Filed At 263 Franklin Avenue, Bedford-Stuyvesant

Jacob Movtady, doing business as an anonymous LLC, has filed applications for an eight-story, 18-unit residential building at 263 Franklin Avenue, in western Bedford-Stuyvesant, located two blocks from the Bedford – Nostrand Avs. stop on the G train. The entire project will measure 16,493 square feet and 11,284 square feet of that will be residential space. That means units will average a rental-sized 627 square feet apiece. The residential lobby and recreational space will be located on the ground floor and retail space will occupy the cellar. Floral Park-based Sion Consulting Engineering is the applicant of record. The 40-foot-wide lot is currently vacant.


263 West 34th Street

Four-Story, 35,000 Square-Foot Retail Project Planned At 257-263 West 34th Street, Midtown

Cornell Realty Management is planning to build a four-story, 35,000 square-foot retail project at 257-263 West 34th Street, in the Garment District, according to Crain’s New York Business. According to The Real Deal, which reported on the assemblage last month, Chetrit Group and Cornell Realty acquired the three-story retail building at 261-263 West 34th Street together last March for an undisclosed amount. 259 West 34th Street was also recently acquired for $20.5 million. Chetrit and Cornell have since cut their partnership and, through a deal, have split their properties into separate ownerships. Cornell’s retail project will be clad in glass and construction is expected to begin sometime this year. A total of three small retail buildings must first be demolished.


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