175 Greenwich Street [Crain’s New York]: The Port Authority is set to vote on “using $150 million in insurance proceeds” to help fund the construction of the 80-story 175 Greenwich Street, at the World Trade Center. Originally, the money was being saved for 200 Greenwich Street, tower two of the complex. The vote is “expected at a board meeting [today].”
316 East 3rd Street [EV Grieve]: Construction of a seven-story, 33-unit apartment building at 316 East 3rd Street is nearing completion, and 88% of the units have been leased pre-completion. Dubbed “The Robyn”, move-ins are scheduled for July.
25-05 43rd Avenue [The Court Square Blog]: Demolition is imminent at 25-05 43rd Avenue in Long Island City’s Queens Plaza. Green construction fencing has been erected around the perimeter, and demolition permits were approved earlier this month. A nine-story mixed-used building “with 20,119 square-feet of residential and 2,756 square-feet of retail space” will ultimately replace the low-rise currently on-site.
505 St. Marks Avenue [Brownstoner]: Construction of an eight-story, nearly 100,000 square-foot residential building has commenced at 505 St. Marks Avenue in Crown Heights. The building will have 147 apartment units, according to permits, and Issac and Stern Architects are designing. The Yosi Cohen-developed building is currently at the second floor.
2460 2nd Avenue [New York Post]: A full-block, two-story brick structure — at 2460 2nd Avenue, between East 126th and 127th Streets in East Harlem — is set to be demolished, with the bus depot moving out come January. The site presents an opportunity for a new memorial as well as residential development, “but is has to be done in a respectful way,” given the burial ground under the existing building.
142 West 81st Street [Curbed]: A residential conversion and vertical expansion has been filed for at the five-story church at 142 West 81st Street, on the Upper West Side. The two-story addition would be devoted to “rather large pads,” with seven units splitting 21,052 square-feet of space. DXA Studio is leading the design process.
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