YIMBY Today: Update on 2225 7th Avenue, Major Midtown Potential, and More

2225 7th Avenue [Harlem+Bespoke]: A seven-story rental development has topped-out at 2225 7th Avenue, between 131st and 132nd Street, in Harlem. The 115-unit building replaces multiple low-rises, including a four-story church; completion is expected next year.

47-28 11th Avenue [Brownstoner]: Permits have been filed for construction of a seven-story and 21-unit residential building at 47-28 11th Street, in Hunter’s Point. The building will replace a one-story brick structure that has already been demolished; the 19,000 square-foot development is being designed by Zproekt.

253 East 7th Street [EV Grieve]: Massey Knakal is marketing the four-story townhouse at 253 East 7th Street — in the East Village — as a development site. The building has an additional 5,451 square feet of air rights; if demolished, the lot’s potential would total 9,312 square feet.

210 Pacific Street [Brownstoner]: A seven-story and 10-unit residential building has begun to rise at 210 Pacific Street, in Boerum Hill. Spanning 21,274 square feet, the building is currently poking into the third floor; SBLM Architects are designing the nondescript low-rise.

28-20 Borden Avenue [The Real Deal]: GTJ REIT has acquired the vacant lot at 28-20 Borden Avenue — in Blissville — for $28.5 million. The parcel spans 84,000 square-feet and is currently leased by FedEx through 2027; the new owner’s plans are unknown.

1010 Bedford Avenue [Brownstoner]: Schematics have been posted on-site at 101 Bedford Avenue, in Bedford-Stuyvesant, where a church is being converted into a six-story mixed-use building of nearly 55,000 square-feet. First Hec Engineering is designing.

431 West 33rd Street [The Real Deal]: The Dermot Company — out-bidding 10 other developers for the Port Authority-auctioned property at 431 West 33rd Street, on the Far West Side — has acquired the site for $115.3 million. An additional 90,000 square feet of development rights was included in the purchase, increasing the total buildable area to over 540,000 square feet; 85,225 square feet of additional air rights could still be purchased. The FXFOWLE-designed building is expected “to break ground in early 2016.”

133-45 41st Avenue [Crain’s New York]: The de Blasio administration plans to lower the price of a 43,200 square-foot parking lot at 133-45 41st Avenue, in Flushing, to only one dollar, in an effort to attract firms to build nearly 200 units of affordable housing. The city would rezone the property to support “nearly double the amount of housing that could be built today.”

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