1809 Emmons Avenue [Sheepshead Bites]: Rybak Development has unveiled plans for a seven-story, “50 to 60-[condo]-unit” building spanning the site of 1801-1809 Emmons Avenue, on Sheepshead Bay’s southern waterfront. The ground floor will include “approximately six retail units,” accommodated by a “9,000 square-foot public plaza.” An existing single-story building must first be demolished.
300 Lafayette Street [Commercial Observer]: Related and LargaVista Companies have received “a $40 million mortgage” for their planned seven-story, 83,000 square-foot office and retail building for 300 Lafayette Street, in SoHo. COOKFOX is designing, and a gas station must first be removed.
Gateway Elton Street II [Brownstoner]: NYC HPD is wrapping up construction on three six-story affordable housing buildings at Gateway Elton Street II — located at 516 and 524 Vandalia Avenue, in East New York — totaling 175 rental units and 25,000 square feet of retail. Hudson Companies is to “begin construction in July 2015” on Gateway Elton Street III.
408 West 114th Street [Crain’s New York]: Mount Sinai has chosen an undisclosed buyer for “the collection of six-story buildings along Morningside Drive between West 113th and 114th Streets, in Morningside Heights. The owners “had hoped [to] net about $130 million,” and two of the four buildings could be razed for redevelopment.
33 East 74th Street [Wall Street Journal]: Daniel Straus’ eight-story, 10-unit development project — dubbed 33East74, and technically an assemblage of multiple townhouse and brownstones vertically enlarged — is “expected to be completed in the summer of 2015,” with the top condo unit to be listed for $39 million. Located at 33 East 74th Street, in the Upper East Side, the top unit will also include a 2,440 square-foot terrace.
1 Beekman Street [The Real Deal]: Urban Muse has purchased the development site at 1 Beekman Street — also known as 33-34 Park Row, in the Financial District — for $52 million. Currently on-site are “two low-rise building totaling roughly 25,000 square feet,” and with an inclusionary housing, bonus 87,300 square feet of ground-up building potential exists.
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