Retail



Work at 38 West 33rd Street. Photo by Tectonic.

Scope Grows As Construction Underway At Torkian Group Project On West 33rd Street, Midtown South

It was way back in September of 2014 that YIMBY reported on filings for a new residential building at 38-46 West 33rd Street (a.k.a. 38 West 33rd Street), in Midtown South. Then in June of 2015, we revealed a rendering of the project. In September, the Torkian Group development got financed by a $105 million loan. Now, the project’s scope is slightly bigger and construction is underway, which we can see in a pair of photos sent to us by our friend Tectonic.

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615 10th Avenue

Developer Closes On Mixed-Use Development Site At 615 Tenth Avenue, Hell’s Kitchen

Back in November, XIN Development, the U.S. branch of Beijing-based Xinyuan Real Estate, entered into contract to purchase the development site at 615 Tenth Avenue, between West 44th and 45th Streets in Hell’s Kitchen. Now, the developer has closed on the site for $57.5 million, and a mixed-use building with up to 90 condominium units is planned, according to The Real Deal. It will include mostly one- and two-bedroom residential units, as well as 20,000 square feet of retail space. The property is currently home to a Hess Express gas station, which must first be removed.


2131 Hylan Boulevard

11,000 Square-Foot Retail Project Planned At 2131 Hylan Boulevard, Grant City, Staten Island

The former Renaissance catering hall at 2131 Hylan Boulevard, in Staten Island’s south shore neighborhood of Grant City, is slated for demolition, according to Staten Island Live. The vacant two-story structure and the adjacent single-story Duane Reade will be demolished for a retail center. The property could accommodate a two-story, 11,000 square-foot commercial buildings. Architectural plans will be drawn up once Winick Realty Group chooses a specific tenant. It will include on-site parking and will be accessible from all three street fronts.


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