Retail

497 3rd Street

Six-Story, Four-Unit Mixed-Use Expansion Project Filed At 497 3rd Street, Park Slope

Property owner Peggy Hernandez has filed applications to renovate and expand the dilapidated, vacant tenement building at 497 3rd Street, in Park Slope, located seven blocks north of the 7th Avenue stop on the F and G trains. First reported by DNAinfo, the building would be expanded by 3,254 square feet and would grow from four to six stories. The ground floor would be converted into 455 square feet of retail space and the rest of the expanded structure would have four residential units. There would be one apartment per floor on the second through fourth floors, and a duplex unit on the top two floors. The apartments should average 1,363 square feet apiece, which means condominiums are in the works. Selim Vural’s TriBeCa-based Studio Vural is designing. The property sits outside of Park Slope’s historic districts, so the Landmarks Preservation Commission’s approval is not required.


207 West 75th Street

Reveal For Seven-Story, Five-Unit Mixed-Use Project At 207 West 75th Street, Upper West Side

Back in July of 2014, YIMBY brought you renderings of the proposed 14-story, 10-unit residential building at 207 West 75th Street, on the Upper West Side. The project required a special permit from the Board of Standards and Appeals, but the developer was unsuccessful in obtaining a variance and the site was eventually unloaded for $13.25 million in 2015. The new developer, Opal Holdings, has since filed applications to expand the existing two-story building into a seven-story, five-unit mixed-use one. Real Estate Weekly now reports a $14.8 million construction loan has been secured for the 20,000-square-foot project. There will be 5,000 square feet of retail on the ground and cellar levels, and full-floor apartments beginning on the second floor. The sixth and seventh floors will contain a five-bedroom duplex penthouse featuring a terrace. Jeffrey Cole Architects is designing.


33 Park Avenue

44-Story, 448-Unit Residential Tower Rises To 35th Floor At 33 Park Avenue, Jersey City

In February of 2015, YIMBY revealed renderings of the two-tower, 900-unit residential development at 33 Park Avenue, in eastern Jersey City’s Liberty Harbor section. A few months after our post, Fisher Development broke ground on the first tower of the project, which includes a 44-story, 448-unit building with retail space in its base. Now, photos by Tectonic reveal that the structure is roughly 35 stories above street level and rising. Curtain wall installation has also begun on the four-story base podium. The other tower will also eventually stand 44 stories but will contain 452 residential units. Retail space in both components will total roughly 15,000 square feet. The apartment towers are being designed by Perkins Eastman and completion of the first tower is expected in 2017.


180 Myrtle Avenue. Photo by Tectonic.

The Margo Nearly Complete at 180 Myrtle Avenue, DoBro

It was nearly two years ago that YIMBY showed you renderings of the 15-story building being developed by John Catsimatidis’ Red Apple Group at 180 Myrtle Avenue in Downtown Brooklyn, dubbed the Margo. Since then the unit count has changed and the building is now nearly complete, with the façade in place, save for some work on the terraces. The realization of that latter fact comes courtesy of photos taken by our friend Tectonic.

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42-44 Crescent Street

Schematics Posted Of Eight-Story, 12-Unit Mixed-Use Project At 42-44 Crescent Street, Long Island City

In July of 2014, YIMBY reported on applications for an eight-story, 12-unit mixed-use building at 42-44 Crescent Street, in Long Island City’s Queens Plaza section. Now, The Court Square Blog reports schematics have been posted of the project on site. Maspeth-based Angelo Ng + Anthony Ng Architects Studio is designing, although no official renderings have been released yet. The new building will encompass 15,338 square feet and will include 2,060 square feet of commercial space on the ground-floor for a restaurant. Residential units will begin on the second floor and should average 951 square feet apiece, which means either rentals or condos could be in the works. Flushing-based Andy Ho is the property owner and doing business under an anonymous LLC. The site’s old two-story building was demolished late last year and excavation appears imminent. Completion is expected in 2017.


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