One Vanderbilt [New York Times]: Andrew S. Panson — the owner of Grand Central Terminal, and the terminals’s air rights — has “made a $400 million offer to buy” SL Green’s One Vanderbilt site, where current plans include a 1,450 foot-tall office building; the deal isn’t likely to proceed, but Panson has plans for a 1,395 foot-tall tower of his own.
Kew Gardens Development [The Real Deal]: A&E Real Estate has purchased a 12-parcel portfolio in Kew Gardens for $216 million; many of the properties have multiple apartment buildings per lot, and “several hundred thousand square feet of air rights” exist.
338 East 6th Street [EV Grieve]: A six-story tenement building is undergoing a gut-renovation and restoration at 338 East 6th Street, in the East Village; construction began in May 2013, but a completion date is not currently known.
Cromwell-Jerome Rezoning [NY Daily News]: The Department of City Panning has revealed a proposed rezoning “of the 57-block valley between Grand Concourse and Highbridge;” the new neighborhood would be called Cromwell-Jerome.
533 Leonard Street [Curbed]: An existing two-story building — at 533 Leonard Street, in Greenpoint — has received on-site renderings that depict the planned expansion comprised of three stories and 13 residential units. Completion is expected in Fall 2015.
24 2nd Avenue [The Real Deal]: AORE Capital has planned a 57,000 square-foot mixed-use condo building at the site of an existing gas station at 24 2nd Avenue, in East Village; commercial space will total 7,000 square feet, with construction “expected to take two years to complete.”
456 Greenwich Street [Curbed]: The current single-story garage structure — located at 456 Greenwich Street, in Tribeca — may be the subject of a commercial conversion, designed by Gene Kaufman. The Landmarks Preservation Commission quickly shot down the plan, with one member suggesting “replacing the existing structure with a taller building.”
323 10th Avenue [The Real Deal]: Lalezarian Properties is planning “a 35-story tower and a pair of 13-story buildings” on either side of the Highline — at 323 10th Avenue and 508 West 28th Street, in West Chelsea — bringing an additional 374 units to the area.
145-07 95th Avenue [Brownstoner]: A 3,000 square-foot lot — currently occupied by a two-story wood-framed structure at 145-07 95th Avenue, in Downtown Jamaica — has hit the market for $1 million as a development site; the property “allows for a total of 18,000 buildable square feet.”
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