Since late 2013, a six-story, eight-unit mixed-use building has been under construction at 145 Ludlow Street, on the Lower East Side, and now, the building’s exterior has finally been revealed, per Bowery Boogie. Windows have not been installed yet, and interior work is still well underway, but the 12,875 square-foot project should be complete by 2016. Two retail units will split 2,158 square feet on the ground floor, and residential units will average 1,340 square feet, beginning on the second floor. David Howell owns the property, and DHD Architecture Design is the architect of record.
In May of 2014, YIMBY revealed renderings of Fortis Property Group’s residential tower at 151 Maiden Lane, in the Financial District, and we brought you additional images of the project that October. At the time, the tower was planned to be 51 stories tall, but now the structure is expected to rise 60 stories and 670 feet in height, according to Curbed. Dubbed One Seaport, the project will contain 80 condos, featuring a mix of one-, two- and three-bedroom units, which are being designed by S. Russel Groves. Sales are expected to launch in the fall. In July, YIMBY revealed the 33-story, 271-key hotel planned next door.
The latest numbers from the DOB show a major increase in year-over-year filings for August, and 2015’s running total has once again surpassed 2014’s, after falling behind in July. In terms of raw numbers, New York City saw new building applications submitted for a total of 4,020 units this past August, more than tripling last year’s figure of 1,281, and putting 2015’s running total of new units at 23,165 as of 8/31, ahead of 2014’s 21,099.
Coney Island’s housing market struggled in the years following Hurricane Sandy, but the last six months have brought plans for an 86-unit building on West 15th Street and the controversial 40-story tower at Trump Village.
Late last year, YIMBY reported on filings for an 18-story, 26-unit residential building at 219-223 West 77th Street, on the Upper West Side, and now the first partial rendering has surfaced of the Thomas Juul-Hansen-designed building, per Curbed. Naftali Group is developing, and the condo units will consist of two- to five-bedroom configurations, averaging 3,010 square feet apiece. 1,624 square feet of retail space will be located on the ground floor. The developer scored $104 million in construction financing late last month, and the site’s former parking garage was demolished over the summer.
Stellar Management has acquired the two-story, 4,760 square-foot bank building at 130 2nd Avenue, in the East Village, for $12 million from J.P. Morgan Chase, Commercial Observer reports. The 2,380 square-foot corner site could be redeveloped into a 9,520 square-foot residential building with retail space. At the corner of St. Marks Place, the site is just two blocks from the 6 train’s stop at Astor Place.