YIMBY Today: Est4te Four Expands in Red Hook, 626 1st Avenue Update, and More

626 First Avenue626 First Avenue, image via JDS Development/SHoP Architects

626 1st Avenue [Wall Street Journal]: JDS Development Group has “secured $390 million from Cornerstone Real Estate Advisors” to construct a twin-towered residential development at 626 1st Avenue in Murray Hill. Verticality is imminent now that “the foundation for the towers is nearly complete.”

1501 Voorhies Avenue [Commercial Observer]: Muss Development and AvalonBay Communities are partnering to build a residential project on a vacant, 83,000 square foot lot at 1501 Voorhies Avenue, in Sheepshead Bay. The pair recently purchased an adjacent building at 1600 Sheepshead Bay Road, and the site’s total potential measures 250,000 square feet.

76 East Houston Street [Bowery Boogie]: A sketch has been posted on-site at 76 East Houston Street in NoHo, which is currently vacant. The low-rise project will have “pronounced archways, high-reaching windows, and rooftop hangout space,” and construction is imminent.

90 North 11th Street [Crain’s New York]: Vice has been evicted from their office building at 80-90 North 11th Street — on the southeast corner of Wythe Avenue and North 11th Street, in Williamsburg — to make way for a “12-story, 100,000 square-foot retail and office building.” The company plans to renovate a 60,000 square-foot building at 48 South 2nd Street as it continues to grow.

482 Seneca Avenue [Wychoff Heights]: Steel framing has risen to the fifth floor of a six-story and 16-unit residential building at 482 Seneca Avenue, in Ridgewood; the structure will eventually be clad in dark brick. The development is a vertical expansion of an existing two-story low-rise.

219 Sullivan Street [Brooklyn Daily Eagle]: Est4te Four is in contract to acquire multiple sites spanning 44-68 Ferris Street, in Red Hook. The site — which also goes by 219 Sullivan Street — is partially vacant; the developer has plans to “revamp existing buildings and construct new buildings,” with development potential measuring 200,000 square feet.

For any questions, comments, or feedback, email [email protected]

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews

TFC Horizon
.