Retail

322 Gates Avenue

Six-Story, 28-Unit Mixed-Use Building Planned At 322 Gates Avenue, Bedford-Stuyvesant

1:00 pm on January 5, 2016 By Reid Wilson

Just before New Year’s, Foster Equities filed applications for a six-story, 28-unit residential building at 322 Gates Avenue, in Bedford-Stuyvesant, located six blocks south of the Bedford – Nostrand Avs. stop on the G train. According to DNAinfo, the building will measure 22,272 square feet in total and will include a 991 square-foot retail portion on the ground floor. The residential units, which will be rentals, will begin on the second floor and average 760 square feet apiece. Z Architecture is designing the project. The single-story Bedford Beer & Soda Dist. building, acquired for $4.5 million last March, was approved for demolition in the fall.

Construction Update: 5-33 48th Avenue, Long Island City

6:30 am on January 5, 2016 By Vitali Ogorodnikov

While most ongoing projects in booming Long Island City involve ground-up construction, 5-33 48th Avenue, two blocks east of the East River, is a conversion of the type more commonly seen in the borough across that river. The renovation and expansion of a four-story manufacturing building into a seven-story residential property is well underway. The project will feature 36 units, as well as retail at the ground floor. Joseph A Sultana of JLS Designs Architecture is indicated as the general contractor on the project’s work permit.

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285 West 110th Street

11-Story, 49-Unit Mixed-Use Building Tops Out At 285 West 110th Street, Harlem

6:00 am on January 5, 2016 By Reid Wilson

In December, the 12-story, 48-unit mixed-use building under construction at 285 West 110th Street (a.k.a. 2040 Frederick Douglass Boulevard), in Harlem, was nine stories in height. Today, the structure is topped out, Harlem+Bespoke reports. The building will boast a variety of unit configurations and 10 of the condos will be sold at below market rates. Retail and community facility space will also be located on the cellar, ground, and second floors. Artimus Construction is the developer the building, which is dubbed Circa Central Park, and FXFOWLE Architects is designing it. Completion is slated for 2017.

101 Varick Avenue

Developer Plans Mixed-Use Commercial Building At 101 Varick Avenue, East Williamsburg

1:00 pm on January 4, 2016 By Reid Wilson

The Rabsky Group is purchasing the single-story, 92,221 square-foot warehouse at 101 Varick Avenue, in East Williamsburg, for $48 million, with prospects to redevelop the 141,863 square-foot property into commercial space. A new office building could measure 280,000 square feet, and would include multiple tenants and ground-floor retail space, according to The Real Deal. The existing warehouse is currently being leased as warehouse, storage, and office space. The deal is expected to close in February.

Foundations Are Excavated For Retail Project At 719 Seventh Avenue, Times Square

8:00 am on January 4, 2016 By Vitali Ogorodnikov

As SL Green is developing Midtown’s largest commercial property at One Vanderbilt across the street from Grand Central Terminal, the company is also building the neighborhood’s smallest ground-up project at 719 Seventh Avenue, just one block north of Times Square’s northern terminus. Despite its diminutive four-story size, the retail building will assert itself via a 150-foot-tall, 5,000-square-foot array of digital billboards. On-site demolition is complete, and excavation is well underway. Pavarini McGovern LLC is listed as the construction manager.

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