Retail

Two Four-Story, Four-Unit Mixed-Use Buildings Filed At 37-11 103rd Street, North Corona

10:00 am on March 4, 2016 By Reid Wilson

Queens-based property owner Choi Yui Chan has filed applications for two four-story, four-unit mixed-use buildings at 37-11 – 37-15 103rd Street, in North Corona, located two blocks north of the 103rd Street – Corona Plaza stop on the 7 train. Each of the new structures will measure a total 8,048 square feet and include 1,317 square feet of ground-floor retail or restaurant space. Both buildings will have fifth-floor penthouses, with two units on the second floor and the other two units spread across the third and fourth floors. The apartments will average 1,040 square feet apiece, indicative of condominiums. Robert H. Lin’s Flushing-based A&T Engineering is the applicant of record. The site is currently occupied by two townhouses, for which demolition permits have not yet been filed.

32-Story 86 Fleet Place Rises Above Ground in Downtown Brooklyn

7:00 am on March 4, 2016 By Evan Bindelglass

It was back in September of 2014 that YIMBY brought you news of permits being filed by John Catsimatidis’s Red Apple Group for a 32-story mixed-use tower at 86 Fleet Place, between Willoughby Street and Myrtle Avenue, in Downtown Brooklyn. Now, thanks to photos sent to us by our friend Tectonic, we can see that the building is at least one floor above the ground.

Reveal For 14-Story, 200-Key Ace Hotel Redevelopment At 255 Bowery, Lower East Side

6:30 am on March 4, 2016 By Reid Wilson

Developers Omnia Group and North Wind Group are working to transform the 10-story, 55,000-square-foot former Salvation Army shelter at 225 Bowery, on the Lower East Side, into a 14-story, 200-key Ace Hotel. Bowery Boogie now has renderings of the project, which would expand the building by four stories. The expansion comes at the expense of a three-story, 8,300-square-foot structure at 223 Bowery, which was demolished this past January. Once the property is redeveloped, the ground floor will host the hotel lobby, a 130-seat restaurant, and retail space. There will also be a bar on the 11th floor, along with a roof terrace and a gym. HAKS is designing and is serving as the architect of record. The building was purchased for a little more than $30 million back in 2014.

Developers Break Ground On Chappaqua Crossing Mixed-Use Development In Northern Westchester

3:00 pm on March 3, 2016 By Reid Wilson

Following 11 years in the planning and approval process, Summit Development and Greenfield Partners broke ground earlier this week on the retail portion of Chappaqua Crossing. The project is an expansive mixed-use development located on the former Reader’s Digest office campus at 480 Bedford Road, in Chappaqua, a northern Westchester County hamlet in the Town of New Castle. The retail portion includes the build-out of 120,000 square feet of commercial space, including a 40,000 square-foot Whole Foods, a Life Time gym, and other shops and restaurants. The Grossman Companies is partnered in the retail portion and the supermarket is expected to open in 2017.

Metro Theater at 2626 Broadway in September 2015, image via Google Maps

Retail Conversion Moves Forward for Landmarked Upper West Side Theater at 2626 Broadway

8:00 am on March 3, 2016 By Rebecca Baird-Remba

Last fall, the New York Times broke the news that the landmarked Metro Theater on the Upper West Side would become a Planet Fitness. Now applications have officially been filed to convert the 1930s Art Deco theater at 2626 Broadway into retail.

Tishman Speyer Planning Two Office Towers At 28-10 Queens Plaza South, Long Island City

11:00 am on March 2, 2016 By Reid Wilson

Tishman Speyer is now working to develop two more office towers on the same block as Two Gotham Center, the 22-story office building the developer built in 2011 at 42-09 28th Street, in Long Island City’s Queens Plaza section. According to The Real Deal, one of the buildings, dubbed One Gotham Center, will be a 29-story, 583,000-square-foot property with 20,000 square feet of retail space. It will include 200 parking spaces. Last year, WeWork signed a lease for 200,000 square feet of space in it. The second building, dubbed Three Gotham Center, will be a 30-story, 515,000-square-foot property with 11,000 square feet of retail space. WeWork has already leased 258,000 square feet of space in Three Gotham Center, according to EB-5 documents. The developer hopes to accumulate $145 million in financing from the EB-5 program. A targeted completion date has not given.

Developer Plans 20-Story, 65-Unit Mixed-Use Building At 200 East 21st Street, Gramercy

6:30 am on March 2, 2016 By Reid Wilson

In the summer of 2015, Chelsea-based Alfa Development entered into contract to acquire the development site spanning 253-261 Third Avenue (a.k.a 200 East 21st Street), in Gramercy, and now the developer is planning a 20-story, 65-unit mixed-use building. The Real Deal reports the project will measure 104,700 square feet in total and will include 7,200 square feet of ground-floor retail space. The rest of the new building will contain 65 condominium units, which will come in one- to four-bedroom layouts. BKSK Architects will be responsible for the design. Reportedly, the developers filed permits for the project, although they have yet to hit public record. Demolition permits, however, are on file for all of the assemblage’s existing buildings. Four three-story structures are to be demolished at 253-259 Third Avenue, and a five-story, 12-unit tenement building at 200 East 21st Street will be razed.

Shopping Complex Plans Nixed At 90-02 168th Street, Downtown Jamaica

6:00 am on March 2, 2016 By Reid Wilson

Back in 2013, the Greater Jamaica Development Corporation (GJDC) and Blumenfeld Development Group signed an agreement to build a 160,000-square-foot retail complex accompanied by a 550-space parking garage across two vacant lots in downtown Jamaica, specifically at 90-01 168th Street and 90-02 168th Street. Then early last year, the developers said they would build an additional 105,000 square feet of retail space and an affordable residential building. DNAinfo now reports the 2013 deal has terminated, effectively halting any plans for the sites. At this point, the GJDC plans to release a new and updated Request for Proposals (RFP), that will more than likely include affordable housing, for both properties later this spring. Both lots are currently being used for surface parking.

brooklyn bridge park pier 6 night rendering

State Puts Approval On Hold For 29-, 14-Story Pier 6 Residential Towers, Brooklyn Heights

6:30 am on March 1, 2016 By Reid Wilson

In June of 2015, YIMBY revealed renderings of the winning proposal that would bring two mixed-use towers to Pier 6 in Brooklyn Bridge Park, located in southern Brooklyn Heights. The project consists of a 29-story, 192-unit market-rate condominium building with 3,870 square feet of retail and a shorter, 14-story counterpart with 117 affordable and 30 market-rate rental apartments, a preschool, 930 square feet of retail, and a 1,500 square-foot community facility. Curbed NY now reports the project is on hold following relentless community opposition. The Empire State Development Corporation is not approving the project until the city can come to an agreement with the community on it. The city selected RAL Development and Oliver Realty to develop the two vacant sites, with ODA New York as the design architect. Construction was scheduled to begin this spring.

Developer Plans Mixed-Use Residential Complex At 1 Nassau Place, Tottenville

3:00 pm on February 29, 2016 By Reid Wilson

Midtown-based Bridgewater Capital has acquired the vacant 38.8-acre swath of land at 1 Nassau Place, on Staten Island’s South Shore neighborhood of Tottenville, for $30 million. According to The Real Deal, the developer plans to rezone the property, likely through the Urban Land Use Review Procedure (ULURP), to build a multi-building residential complex with roughly 220,000 square feet of big-box retail space. Under current zoning, the property could accommodate 3.5 million square feet of industrial or commercial space (in the form of office and retail). Bridgewater hopes to have a partner in the residential component, which would include senior units, and is currently negotiating with New Hyde Park-based Kimco Realty to partner in the retail portion. The site is located directly north of the Nassau station on the Staten Island Railway.

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