646 Lorimer Street [The Wall Street Journal]: Synapse Development Group has released renderings of their planned 14-story, 110-key mixed-use Yotel at 646 Lorimer Street, in Williamsburg. HWKN is designing, and completion is expected by Spring 2017.
401 West 31st Street [Real Estate Weekly]: Excavation began last month at the site of Brookfield’s 3 Manhattan West, a 62-story, 790-unit residential tower planned for 401-435 West 31st Street, in Chelsea. Now, Brookfield has announced it has secured $479 million in funding via the Bank of China, with completion targeted for 2017.
101 Lincoln Avenue [The Real Deal]: The Chetrit Group and Somerset Partners have acquired a single-story warehouse at 2401 3rd Avenue — in Mott Haven — for $26 million. The site boasts 450,000 square feet of air rights, and combined with 101 Lincoln Avenue, could accommodate “a project of more than 1.2 million square feet.” The developers plan “as many as six residential towers averaging 25 stories in height.”
291 Metropolitan Avenue [Brownstoner]: Work will soon wrap up on All Year Management’s five-story, 27-unit mixed-use residential and retail building at 291 Metropolitan Avenue, in Williamsburg.
210 Bowery [Bowery Boogie]: Arcadia Realty Trust has received approval to construct an eight-story, seven-unit mixed-use residential and commercial building of 14,800 square feet at 210 Bowery, in Nolita. The existing four-story tenement will be partially demolished and expanded, and Dan Ionescu is designing.
1010 Park Avenue [Curbed]: Extell Development was granted approval from the Landmarks Preservation Commission Tuesday to construct a 16-story, mixed-use residential and church-facility building at 1010 Park Avenue, on the Upper East Side near East 85th Street. “A small portion of the original rectory façade” will be preserved, and John Beyer is designing.
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