Retail

196 Orchard Street

Steel Rises for 11-Story, 94-Unit Mixed-Use Condo Building at 196 Orchard Street, Lower East Side

Back in December of 2015, updated renderings were revealed of the 11-story, 94-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Steel beams are now being rising from the ground at the site, Bowery Boogie reported. The structure will encompass 178,376 square feet. There will be 38,452 square feet of commercial space across the cellar through third floors. Most of that space will be utilized by a three-story Equinox fitness center, which required a special permit from the Board of Standards and Appeals, and Community Board 3 will see the plans this month. Parts of the ground and cellar levels will also contain retail space. The apartments, which will be condominiums, begin on the fourth floor. Units will average 978 square feet apiece and will come in studios and one-bedrooms. The structure will be topped by a roof deck. Magnum Real Estate Group and Real Estate Equities Corporation are the developers, while Ismael Leyva Architects is designing. Incorporated Architecture & Design is responsible for the interiors. Completion is expected in late 2017.


10-44 Jackson Avenue

Six-Story, 10-Unit Mixed-Use Building Tops Out at 10-44 Jackson Avenue, Long Island City

Back in early 2013, new building applications were filed for a six-story, 10-unit mixed-use building at 10-44 Jackson Avenue, in the Hunters Point section of Long Island City. The site’s two-story predecessor was demolished in late 2014 and, now, construction on the project has topped out, according to the Court Square Blog. The project will measure 12,283 square feet and will feature 1,670 square feet of retail space across the ground and cellar levels. The units, which begin on the second floor, should average 686 square feet apiece, indicative of rental apartments. It will be topped by an apartment that spans part of the sixth floor and an upper-level penthouse. Brooklyn-based property owner Tibi Zicherman is the developer, while Douglas Pulaski’s Bricolage Designs is the architect. Completion is expected later this year.


195 North Broadway

Preliminary Plans Proposed for Two-Story, 350-Unit Mixed-Use Complex at 195 North Broadway, Hicksville

Last year, Midtown-based Seritage Growth Properties (the real estate investment trust, or REIT, of Sears Holdings Inc.) acquired, for an unspecified amount, the 26.4-acre property at 195 North Broadway, in the hamlet of Hicksville, located in Nassau County, Long Island. Now, the REIT has proposed preliminary plans to build a 350-unit mixed-use complex on the site, according to Long Island Business News. They call for a two-story complex also containing retail space that includes a supermarket and shops, as well as a promenade. The property is currently occupied by a 156,000-square-foot Sears department store, a Sears auto center, a Chipotle restaurant, and a TD Bank. Everything would be demolished except for the TD Bank and Chipotle, which are located in separate small structures along North Broadway. The plans are at least a year-plus from getting underway, but the developer has already begun meeting with the Hicksville Community Council. The site is located seven blocks from the neighborhood’s Long Island Rail Road station.



509 Pacific Street

Reveal for Six-Story, 33-Unit Mixed-Use Condo Project at 509 Pacific Street, Boerum Hill

Back in April, the first partial renderings were revealed of the six-story, 33-unit mixed-use building planned at 509 Pacific Street, in Boerum Hill, located within two blocks of stops of on the 2, 3, 4, 5, B, D, N, Q, and R trains and Atlantic Terminal. Now, the first full rendering of the building, dubbed the Hendrik, has been revealed by the New York Times. The latest permits indicate the project will encompass 114,812 square feet. The ground and cellar levels will feature 26,000 square feet of retail, and the residential units above should average 1,680 square feet apiece. The apartments will be condominiums ranging from two- to four-bedrooms, with the smallest units measuring 1,200 square feet and the largest clocking in at 2,500 square feet. Nineteen of the condos will have outdoor terraces. Amenities will include a fitness center, a children’s playroom, a library, a lounge, a pet spa, bike and stroller storage, an underground parking garage, a rooftop terrace, and a central courtyard. Hopestreet is the developer, while Beyer Blinder Belle is the architect. Foundation work is reportedly underway, with completion scheduled for late 2017.


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