Retail

51 Jay Street

Seven-Story, 74-Unit Residential Project Officially Tops Out At 51 Jay Street, DUMBO

Last week, Brownstoner brought us a construction update on the seven-story, 74-unit residential redevelopment at 51 Jay Street, in DUMBO, and now YIMBY can announce the expansion project has officially topped out. Its residential units average 1,815 square feet apiece and have commanded one of the highest price per-square-foot figures in the neighborhood, selling at $2,083 per-square-foot. The building is nearly 75 percent sold, as reported earlier, and move-ins are expected sometime next summer or fall. Residents will have a slew of amenities available to them, and 1,333 square feet of retail space is planned on the ground floor. Slate Property Group and Adam America Real Estate are the developers, while ODA Architecture designed the project.



74 Kent Street

Three-Story Office & Retail Conversion Underway At 74 Kent Street, Greenpoint

In mid-2014, Caerus Group acquired the three-story former Eberhard Pencil Factory building at 74 Kent Street, in Greenpoint, for $7.5 million. Now, the developer is converting the landmarked, 17,413 square-foot property into commercial space, according to Commercial Observer. Office space will be located on the second, third, and cellar levels, while retail space will occupy the ground floor. Each floor will feature outdoor space and 6,000 square feet of green space is planned on the roof. Hustvedt Cutler Architects is designing the conversion and completion is expected in the first half of 2016.


660 Madison Avenue

Partial Residential & Hotel Conversion For 22-Story Building At 660 Madison Avenue, Lenox Hill

The Safra family’s JSRE Acquisitions has filed applications to convert part of the 22-story, 475,000 square-foot mixed-use commercial building at 660 Madison Avenue, in Lenox Hill between East 60th and 61st Streets, into residential and hotel units. Beginning on the 10th floor, there will be 54 dwelling units added in total. The hotel portion will be located from floors 10 through 15, although it’s not specified how many of the 54 dwelling units will be part of the hotel. Regardless, the remaining units will be residential and will be located throughout floors 10 through 22. Roof terraces already exist on many of the floors and the top two floors will consists of duplex units.

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2040 Frederick Douglass Boulevard

New Rendering Of 12-Story, 48-Unit Mixed-Use Building Under Construction At 2040 Frederick Douglass Boulevard, Harlem

Last Friday, YIMBY brought you a construction update on the 12-story mixed-use building rising at 2040 Frederick Douglass Boulevard (a.k.a. 285 West 110th Street), in Harlem. Later that day, the New York Times published a new rendering of the project along with updated details. Dubbed Circa Central Park, the building will have 48 condominium units, ranging from 647 square-foot one-bedrooms to 3,348 square-foot five-bedrooms. Three penthouses will top the terraced structure and 10 units will be sold at below-market rates. Many of the units will feature outdoor space, either in the form of private or shared areas. Since November, the structure has risen another floor and completion is expected in 2017.


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