Governor Cuomo and Vice President Biden announced plans calling for the complete reconstruction of LaGuardia Airport, in East Elmhurst, Crain’s reports. The $4 billion project will have four connected terminals and will wrap around the Grand Central Parkway. There will also be 24-hour ferry service and an AirTrain linking the airport to the 7 train’s Willets Point stop. Approval from the Port Authority is required, and the terminal portion is expected to break ground in 2016 for a 2018 completion. The AirTrain link will take roughly five years to build.
An 11-story condo development will replace a low-slung building at 287 East Houston Street, between Suffolk and Clinton Streets in the Lower East Side. New building applications were filed today to erect a 28-unit building on the lot wedged between two five-story tenements.
Back in May, foundation work was underway at 51-59 South 4th Street, on the corner of Wythe Avenue in Williamsburg, where six four-story townhouses are planned. Now the concrete structure is three stories tall, according to Brownstoner. The townhouses are being developed by KUB Capital, and five are currently in contract. KUB Design and SZ Projects are co-designing, and completion is expected by the end of this year.
Merchants Hospitality and Maplewood Senior Living are co-developing a 29-story, 213,000 square-foot residential facility for seniors at the corner of 2nd Avenue and East 93rd Street, in northern Yorkville. According to the New York Post, the four- and five-story tenement buildings spanning the lots 1802-1810 2nd Avenue and 303-305 East 93rd Street were acquired for a total $111 million over the course of two years. The buildings are expected to be demolished.
With construction now wrapping up on 625 West 57th Street, BIG-Bjarke Ingels Group has already begun transforming the Manhattan cityscape. The firm is also designing the new 200 Greenwich Street, set to rise next to One World Trade Center, and YIMBY can now reveal the first renderings for their Harlem project, which Blumenfeld is developing, at 146 East 126th Street.
JDS Development Group and Largo Investments picked up a Williamsburg warehouse at 71 North 7th Street for $10,500,000 in March. Yesterday, plans were filed to expand the single-story building to three stories and convert it to condos.
In March, Bushwick-based developer Level One Holdings filed applications for a seven-story apartment building at 740 Dekalb Avenue between Marcy and Tompkins Avenues, in the heart of Bed-Stuy. The development got its new building permits last month, and YIMBY has the first look at what will rise on the empty lot.
Earlier this month, Fisher Brothers, Witkoff and New Valley secured financing for their 58-story, 157-unit condominium project at 111 Murray Street, in southern Tribeca, and now the team has broken ground on the building. The Kohn Pedersen Fox-designed tower is already over 40% sold, with interiors designed by MR Architecture + Décor. Completion is expected in early 2018.
Advanced talks were underway earlier this spring to convert JFK Airport’s vacant TWA Flight Center into a hotel, and now the project appears to be happening, according to Curbed. A 505-key hotel is expected, which will be accompanied by 40,000 square feet of meeting space, six to eight dining options, an observation deck, and a museum.
The French government sold an eight-story brick townhouse at 1143 5th Avenue in the Upper East Side for the tidy sum of $36.4 million last November, and last week, the new owners filed applications to expand the building by five stories.