125 West 25th Street [The Real Deal]: Normandy Real Estate Partners have “secured a $72 million loan” for their planned renovation of the 12-story, 138,000 square-foot office and retail building at 119-125 West 25th Street, in Midtown South. Completion is anticipated for this Summer.
790 7th Avenue [The Real Deal]: Al Rayyan Tourism and Investment will acquire the 22-story and 689-key 970 7th Avenue, which measures roughly 500,000 square feet, for $535 million. The Theater District property contains 600,000 square feet of as-of-right potential.
47-16 Austell Place, rendering via Brownstoner
47-16 Austell Place [Brownstoner]: Emmes Asset Management Company is planned to renovate the existing four-story building — located at 47-16 Austell Place, in Long Island City — “into a multi-tenant commercial complex,” with retail spanning the bottom floor. Construction is expected to be finished later this year.
210 Bowery, rendering via Arcadia Realty Trust
210 Bowery [Bowery Boogie]: Renderings have been posted on-site for Arcadia Realty Trust’s eight-story, seven-unit mixed-use building planned for 210 Bowery, in Nolita. Dan Ionescu is designing, and completion is expected by March 2016.
55 Wythe Avenue, rendering by Albo Liberis
55 Wythe Avenue [Commercial Observer]: Concrete has risen to the third floor of Zelig Weiss’ Level Hotel — a 21-story, 183-hotel-room mixed-use commercial building — located at 55 Wythe Avenue, in Williamsburg. Retail and office space is also included, and completion could be expected as early as “the end of this year.”
626 Driggs Avenue, rendering via Real Estate Weekly
626 Driggs Avenue [Real Estate Weekly]: CB Developers — partned with Waterbridge Capital and Ironstate Development — have begun off-site construction of their planned five-story, 254-key modular hotel at 626 Driggs Avenue, in Williamsburg. Garrison Architects is designing, and completion “is expected by [early] 2016.”
Talk about these projects on the YIMBY Forums
For any questions, comments, or feedback, email [email protected]
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews