YIMBY Today: 15 Penn Plaza Resurrected, Bricking Up Box Street, More

15 Penn Plaza15 Penn Plaza, potential HQ for JPMorgan Chase, image by Vornado

15 Penn Plaza [New York Post]: Vornado has resurrected plans to erect a previously approved 68-story and 3 million square-foot tower which would be built at 401 7th Avenue, or 15 Penn Plaza, in Midtown. After the initial scheme stalled several years ago, the developer renovated the existing Pennsylvania Hotel. But with the Hudson Yards and Manhattan West heating up, Steven Roth has been approached by financial firms that could possibly lead to “a major anchor tenant for the site.”

204 Bedford Avenue [Crain’s New York]: A three-story low-rise at 204-206 Bedford Avenue — in Williamsburg — has hit the market as a development site for $23 million; the site has significant retail potential, spanning “50 feet along [Bedford] Avenue.” A block to the north, another development site — spanning 184-186 Bedford — is also being sold for $19.5 million.

61 9th Avenue [New York Post]: Vornado, partnered with Aurora Capital Associates, “has inked a long-term lease for the manufacturing-zoned site” at 61 9th Avenue — also known as 404 West 15th Street — in the Meatpacking District. The developers plan to construct a “12-story office and retail building,” replacing the current lumber yard and single-floor warehouse structure.

72 Box Street [Curbed]: An Issac & Stern-designed six-story and 50-unit residential building is being planned at the vacant lot of 72 Box Street, in Greenpoint; the design features large windows set within a maroon-brick façade. Further down the street at 56 Box, a six-story and 20-unit residential building is also in the works. Finally, a six-story and five-unit building is planned for 62 Box; De-Jan Lu is also designing the latter with brick.

142 West 24th Street [Commercial Observer]: Extell Development has filed to demolish the 12-story and 70,000 square-foot building at 142-146 West 24th Street, in eastern Chelsea; the building had been acquired within a 14-property portfolio purchased only last year. Extell has yet to reveal plans for the site.

695 Grand Street [DNAinfo New York]: Developer St. Nicks Alliance is building an all-affordable eight-story and 51-unit mixed-use building at 685-695 Grand Street, in Williamsburg; commercial space will span 10,000 square feet on the ground floor. The project will be put to a vote next week; an existing single-story retail structure will need to be demolished.

21 Commercial Street [Greenpointers]: With a rendering posted on-site, construction has commenced at 21 Commercial Street, in Greenpoint. Excavation has begun, and crews “are now laying down the foundation.” Infrastructure work, related to the rest of the multi-tower Greenpoint Landing mega-development, includes “digging trenches, [and] upgrading and relocating combined sewage overflow pipes.”

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