135 Bowery [Bowery Boogie]: First American International Bank is nearing completion on their Raymond Chan-designed eight-story and 17,020 square-foot commercial building at 135 Bowery, in the Bowery. The building was technically an addition to an existing three-story structure, but a new façade has erased any semblance of that building.
49 Dupont Street [Brownstoner]: Dupont Street Developers LLC has filed demolition permits for the two-story warehouse spanning 49-93 Dupont and 22-32 Clay Street — in Greenpoint — to make way for a 400-unit apartment building. Filings are apparently imminent for the main factory at 280 Franklin Street, and site remediation will follow.
Farley Post Office Conversion [New York Times]: The first $300 million phase of converting the Farley Post Office into Moynihan Station is nearing completion; it includes the “enlargement of the existing concourses and the expansion of a passageway beneath 8th Avenue to Penn Station,” in addition to new entrances and emergency ventilation systems. With work to conclude in 2015, officials are looking to land funding for the next $700 million needed to build the train hall; the current shortfall is $200 million.
550 4th Avenue [Commercial Observer]: Brookland Capital has assembled three properties at the southwest corner of 4th Avenue and 15th — spanning 550-554 4th Avenue and 138-140 15th Street, in southern Gowanus — for the sum of $7.4 million. The developer “is planning to erect a new 13-story” and 45-unit condo building, equipped with ground-floor retail; potential amounts to 50,632 square feet.
Weehawken Waterfront Development [The Jersey Journal]: Tian Ming — of Landsea Group — “has plans to develop a mid-rise, 200-unit luxury condominium complex” at a yet-to-be disclosed location on the Weehawken waterfront. The development is a part of the firm’s $1 billion investment in the US’ hottest housing markets.
408 Nostrand Avenue [Brownstoner]: Construction fencing has recently been erected around the site of a planned three-story and two-unit mixed-use building of 3,190 square feet — 1,359 square feet being allotted to commercial usage — at the vacant lot of 408 Nostrand Avenue, in western Bedford-Stuyvesant. Gerald Caliendo is designing, and construction appears imminent.
70 Battery Place [The Broadsheet Daily]: Clipper Equities has purchased the nine-story and 209-unit rental building at 70 Battery Place — dubbed RiverWatch, in Battery Park City — for an undisclosed amount; the developer is known for doing large-scale conversions of rental buildings to condominiums.
22-78 35th Street [We Heart Astoria]: Nomos Volos Realty is currently undertaking an extensive conversion of the single-floor factory — at 22-78 35th Street, in Ditmars Steinway — to a supermarket of 4,393 square feet; the structure has been reduced to steel framing, and construction of the new retail building is underway.
25-19 43rd Avenue [The Court Square Blog]: Demolition is complete at 25-19 43rd Avenue, in Long Island City, the site of a planned nine-story and 86-unit residential building of 68,145 square feet. Ekstein is developing, GF55 is designing, and with the site cleared, excavation for the new building appears imminent.
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