YIMBY Today: Construction Underneath NYC, Progress at the Seaport, More

The new Pier 17Pier 17 and Howard Hughes' new tower, image by SHoP

2nd Avenue Subway [Curbed]: With Phase 1 of the Second Avenue Subway underway — which focuses on the span between 72nd and 96th Streets, set for completion in 2016 — plans for Phase 2 are in the MTA’s 2015-2019 capital plan, for “$1.5 billion, which includes the extension of the Q line from 96th Street to 125th Street.”

East Side Access [A/N Blog]: Although badly delayed, the MTA is making headway on the $10.8 billion East Side Access passageway to connect the Long Island Rail Road to Grand Central Terminal. Recently, construction crews have encountered sink holes that have helped to push the opening date back to 2023.

South Street Seaport Redevelopment [Curbed]: Developer Howard Hughes Corporation is moving forward with their 50-story and “approximately 700,000 square-foot” tower next to Pier 17; SHoP is designing. News has surfaced that the developer “expects the ‘formal approval process’ for the project” to move forward “in the fourth quarter of this year,” and the URURP application is to be filed in the fall.

1324 Fulton Street [Curbed]: Renderings have been posted on-site at the vacant lots of 1320-1328 Fulton Avenue — in Bedford-Stuyvesant — depicting a “multi-hued building” rising 10 stories and housing 57 units; the mixed-use building is being designed by Curtis + Ginsberg, and being developed by Fulton Street South Redevelopment Company.

151 Roebling Street [The Real Deal]: RedSky Capital has acquired the five-story building at 143-157 Roebling Street — also at 1-19 Hope Street, in Williamsburg — for $32.25 million. The previous owner was unsuccessful in vacating the property, halting any plans for redevelopment; RedSky Capital has yet to reveal their plans for the building.

625 West 57th Street [Curbed]: Bjarke Ingels posted two pictures of his building rising at 625 West 57th Street, dubbed W57, on the Far West Side. The building is already tapering and is expected to rise 32 floors, housing 709 rental apartments; completion is set for 2015.

321 East 60th Street [The Real Deal]: Minuit Partners has placed the parking lot at 321 East 60th Street — in Lenox Hill — on the market for $14.6 million; the firm recently “acquired a variance for the site allowing for the development of a 28-unit residential building.” The will also “generate 80,000 square feet of bonus air rights” that can be transferred to other developments on the Upper East Side.

444 Thomas S Boyland Street [Crain’s New York]: The juvenile court facility is planning to move into a three-story structure on a 1.2 acre site at 444 Thomas S Boyland Street, in Brownsville. The parcel comes partially vacant, and the existing building has roughly “133,000 square feet of unused development rights,” potentially resulting in new housing.

891 1st Avenue [Commercial Observer]: Madison Realty Capital has acquired the seven-story and 43-unit mixed-use building — located at 891 1st Avenue, also 361 East 50th Street, in Midtown East — for $40.2 million; “45,000 square feet of air rights” are also included in the deal. The firm “will renovate the market-rate apartments with ‘substantial’ money,” but have no plans for the air rights.

187 East Houston Street [Bowery Boogie]: Drills “to collect soil samples” are ongoing at the one-story structure at 187 East Houston Street — on the Lower East Side — to make way for suspected demolition; permits for sidewalk shedding were filed in January . The site’s replacement has yet to be revealed.

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