Willets Point Redevelopment [Crain’s New York]: Sterling Equities and the Related Cos. — the developers behind the $3 billion Willets Point Redevelopment plan — are likely set to “transfer all of the city-owned properties to the control of the joint venture,” and are now ready to proceed with decontamination, to make way for construction.
243 West 122nd Street [Harlem+Bespoke]: A schematic has been posted on-site for the two-story vertical expansion set for 243 West 122nd Street, in Harlem; the building will add 2,909 square feet, eventually totaling 6,821 square feet and seven units. Already approved last year, construction is imminent.
44-41 Purves Street [The Court Square Blog]: Since YIMBY’s last update, the 25-story and 284-unit residential building was at street level, but concrete has since risen to the 13th floor; the façade has yet to be installed, and completion is expected in the winter of 2017.
334 West 36th Street [Commercial Observer]: Sam Chang — of McSam Hotel Group — has acquired the four-story structure at 334 West 36th Street, in the Garment District, for $50.8 million; Chang’s aspirations call for “a hotel or residential rental building” to be erected, alluding to the current building’s likely demolition.
160 West 83rd Street [Curbed]: Parkwood Realty Associates is currently constructing a three-story vertical addition to the existing two-story commercial building at 158-162 West 83rd Street, on the Upper West Side; 22 residential units will be housed within the addition, and work is expected to wrap later this year.
179 Ludlow Street [Bowery Boogie]: Construction appears to be ending at the seven-story and six-unit mixed-use building — totaling 9,704 square feet at 179 Ludlow Street, on the Lower East Side — for what has been a work-in-progress since 2006. Still veiled in scaffolding, the façade appears to have been installed, and 1,650 square feet of commercial space is to occupy the ground level.
242 Elizabeth Street [Crain’s New York]: Approved in March, Ervolino Group is currently planning to begin construction of a seven-story and five-unit mixed-use building at 242 Elizabeth Street, in Nolita; the developer “expects the project to be completed by early 2016,” and is building “1,800 square feet of ground-floor retail.”
505 West 19th Street [Curbed]: Since YIMBY’s last update, both 10-story residential towers at 505 West 19th Street, in West Chelsea, have topped out and their glass façade is being installed; reportedly, “13 units are in contract,” and completion is set for 2015.
45 Park Place [New York Times]: Soho Properties have closed on the three-story building — at 49-51 Park Place, in Tribeca — for $10.7 million, “completing the assemblage” for an upcoming 39-story condo tower planned for 45 Park Place; 49-51 Park is to be converted into an Islamic “museum and sanctuary space”.
600 Bushwick Avenue [Brownstoner]: Filed in July, Cayuga Capital has plans to convert and expand the two-story industrial building — currently at 594-600 Bushwick Avenue, in northwestern Bushwick — into a six-story and 66-unit mixed-use building totaling nearly 63,000 square feet; 12,504 square feet is being allotted to commercial usage. Construction is to “start later this year,” and Hustvedt Cutler is designing.
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