520 West 41st Street [Crain’s Business]: Also known as 514 11th Avenue, Silverstein Properties has closed on the block-long parcel at 520 West 41st Street, on the Far West Side, for “more than $100 million.” Plans, currently being processed through the city’s land-use review, call for a 106-story, 1,400-unit mixed-use tower spanning a gross of 1.685 million square feet.
42-14 Crescent Street [The Court Square Blog]: Meadow Partners has finished demolishing the old two-story structure at 42-14 Crescent Street, in Long Island City, to make-way for their planned 13-story, 48-unit residential building, revealed in Summer 2014. Construction is imminent, and completion is expected by 2016.
340 Wythe Avenue [Commercial Observer]: A “Manhattan-based real estate develop[er]” has acquired the 8,633 square-foot lot, currently home to a single-story warehouse, at 340 Wythe Avenue, in Williamsburg. The property sold for $7.5 million and boasts 17,266 square feet of commercial square-footage.
24 Leonard Street [Tribeca Citizen]: Developer Charles Dunne has revealed the design for his planned nine-story, seven-unit residential building measuring nearly 38,000 square feet at 24 Leonard Street, in Tribeca. The existing four-story building is being partially demolished, then vertically expanded, and BKSK is designing.
1558 3rd Avenue [A Fine Blog]: Three five-story walk-ups have been demolished at 1558-1560 3rd Avenue and 180 East 88th Street, on the Upper East Side, to make way for DDG’s 31-story and 44-unit condominium building, for which permits were filed last August.
85 Flatbush Avenue Extension [Brownstoner]: The 12-story, 69-residential-unit, 171-hotel-room mixed-use building at 85 Flatbush Avenue Extension, in Downtown Brooklyn, has topped out and received the majority of its façade. Kutnicki Bertsein Architects is designing, and completion is imminent.
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