200 Nassau Street [Brownstoner]: Expanding upon the existing two-story structure, the five-story, 84-unit residential building at 200 Nassau Street, in Downtown Brooklyn, has topped out. Façade has yet to be installed, but completion is likely by 2016.
14 5th Avenue [Crain’s Business]: Madison Realty Capital has acquired the five-story, 20-rental-unit building of 20,000 square feet — located at 14 5th Avenue, in Greenwich Village — for $27.5 million. Plans include renovations and a five-story expansion as the property contains “43,000 square feet of additional development rights.”
734 Broadway [Commercial Observer]: Thor Equities has purchased the five-story building at 734 Broadway, in NoHo, for an undisclosed amount. Last year, the LPC approved the expansion and renovation of the structure, but plans have yet to be decided on.
439 West 54th Street [Commercial Observer]: Kobe Bussan has acquired the development site spanning 439-443 West 54th Street, in Midtown West, for $19.6 million. Plans include “a seven-story, [101-room] hotel with a restaurant,” and demolition of a remaining structure “is nearly complete.”
177 Montague Street [New York Times]: The five-story, 66,000 square-foot commercial building at 177-179 Montague Street, in Brooklyn Heights, is having its upper floors “gutted to make way for 12 condo units.” The Stahl Organization is the developer, and completion is expected this Spring.
239 Fingerboard Road [DNAinfo]: Demolition of the current structures at 239 Fingerboard Road, in Shore Acres, is now underway, where Savo Brother’s plans to develop 250 housing units. The 15-acre site was purchased last year for $15 million.
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