One Vanderbilt [Crain’s New York]: With TD Bank likely to anchor, Mayor De Blasio is proposing a limited re-zoning ahead of the more general proposal, which would allow developer SL Green to proceed with construction of One Vanderbilt, a 1.6 million square-foot tower to the west of Grand Central Terminal. The Mayor is proceeding with a “short-term zoning change for the five-block stretch west of Grand Central that is Vanderbilt Avenue,” which runs from 42nd to 47th Street. The rezoning of Vanderbilt Ave “could be approved as early as this fall”.
330 Throop Avenue [Brownstoner]: Demolition appears to be imminent at 330 Throop Avenue in Bedford-Stuyvesant, which is currently occupied by a three-story wood-framed structure. The corner lot has received applications that “call for a four-story, eight-unit building.” The lot can accommodate an 11,475 square-foot development.
533 Myrtle Avenue [Brownstoner]: The Rabsky Group is planning a five-story, 27-unit residential building on the western corner of Myrtle Avenue and Steuben Street in Clinton Hill. 533 Myrtle currently houses a drive-through White Castle, which is worthy of redevelopment. Demolition permits have yet to be filed, but building applications have already been submitted. Karl Fischer is designing.
210-266 Market Street [The Real Deal]: Newark has cut the ribbon to mark the opening of 210-226 Market Street in Downtown Newark, a $38 million redevelopment and restoration that will bring 48 loft-style apartments and retail to Championship Plaza.
64-76 Wetherole Street [Brownstoner]: Permits have been filed for a seven-story, 14-unit building at 64-76 Wetherole Street in Rego Park. The site has already been cleared, and construction of the building should be imminent. Tan Architects PC is the architect of record.
221 West 17th Street [Commercial Observer]: Delshah Capital plans to add four stories to the six-story building at 221 West 17th Street in Chelsea, and create a “luxury residential condominium with ground-floor retail space.” Delshah “acquired the property from Doreen Interiors for $26.4 million.”
740 Atlantic Avenue [The Brooklyn Eagle]: A judge has allowed the development of a 12-story hotel at the long-vacant site of 730-740 Atlantic Avenue in Prospect Heights. The condemned property “was valued at $9,186,000” and the new building will span 124,000 square feet.
South Street Seaport [DNAinfo New York]: Demolition of “the hulking red mall that sat on Pier 17” in the Financial District is nearly complete, and will soon continue on the existing pier. SHoP Architects is designing an entirely new three-story glassy structure that will house high-end retail tenants. Completion is set for 2016.
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