Articles by Reid Wilson

90 Christopher Columbus Drive

Financing Secured for 50-Story, 539-Unit Residential Tower at 90 Christopher Columbus Drive, Jersey City

6:30 am on August 11, 2016 By Reid Wilson

Ironstate Development and Panepinto Properties have landed $155.83 million in construction financing for their planned 50-story, 539-unit residential tower at 90 Christopher Columbus Drive (dubbed 90 Columbus), in downtown Jersey City. The tower will host rental apartments ranging from studio to three-bedroom configurations, averaging 789 square feet apiece, Real Estate Weekly reported. Amenities will include a swimming pool, children’s play areas, sports and entertainment rooms, residential lounges, and a library. The tower is the last phase of a multi-building complex, which includes the recently completed 50-story residential tower 70 Columbus and the 12-story, 152-key Marriott Residence Inn at 80 Columbus. Gwathmey, Siegel, Kaufman and Associates is behind the architecture. Foundation work is currently underway and completion is expected in 2018.

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99-01 Queens Boulevard

Partial Medical Office Conversion Planned at Two-Story, 57,000-Square-Foot Property, 99-01 Queens Boulevard, Rego Park

6:00 am on August 11, 2016 By Reid Wilson

The Blumenfeld Development Group has purchased, for $31.2 million, the two-story, 56,916-square-foot mixed-use commercial building at 99-01 Queens Boulevard, in Rego Park, from Vornado Realty. The new owner plans to convert the property’s vacant portions into a medical facility for Mount Sinai Hospital, according to Real Estate Weekly. The hospital has already signed a lease with Blumenfeld. The property currently features retail space on the ground and cellar levels, followed by commercial-office space on the second floor. Existing tenants, which will remain in the building, include Bank of America, New York Sports Club, and DeVry College of New York. Completion of the conversion is expected in early 2017.

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134 West 58th Street in April 2014, photo by Christopher Bride for PropertyShark

New Developer Acquires Site of Planned 18-Story, 41-Unit Residential Project, 134 West 58th Street, Midtown

2:00 pm on August 10, 2016 By Reid Wilson

S.W. Management has acquired, for $61.5 million, the 15-story, 121-unit residential building at 134 West 58th Street, in Midtown, Commercial Observer reported. The developer purchased the property from Extell Development, who previously filed applications at the site for a new 18-story, 41-unit residential building, as YIMBY reported late last year. It’s not known if the new owner will follow through with those plans. Building permits were granted in April to develop a 60,324-square-foot project. The residential units would have averaged 1,283 square feet apiece and amenities would have included storage for 21 bikes, private residential storage, a ‘recreation room” on the ground floor, and a rooftop recreational area. Issac & Stern Architects was the architect of record. Demolition permits haven’t been filed for the existing apartment building.

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888 Lorimer Street

Six-Story, Five-Unit Mixed-Use Building Planned at 888 Lorimer Street, Greenpoint

1:00 pm on August 10, 2016 By Reid Wilson

Property owner Philipp Haemmerle, doing business as an anonymous Financial District-based LLC, has filed applications for a six-story, five-unit mixed-use building at 888 Lorimer Street, in southern Greenpoint. The project will measure 12,488 square feet. It will contain 776 square feet of retail space on the ground floor, followed by full-floor residential units above. The top floor unit will feature space on an upper mezzanine level, as well as a roof deck. Across the building, the units should average 1,541 square feet apiece, indicative of condominiums. The ground floor will also contain space for a single automobile. Sanford M. Berger’s Great Neck, N.Y.-based S.M. Berger Architecture is the architect of record. The 25-foot-wide, 3,900-square-foot property is currently vacant. The Nassau Avenue stop on the G train is around the corner.

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30 Village Road North

Five-Story, 40,000-Square-Foot Yeshiva Filed at 30 Village Road North, Gravesend

11:00 am on August 10, 2016 By Reid Wilson

Yeshiva Lev Torah, a K-8 school, has filed applications for a five-story, 39,830-square-foot facility at 30 Village Road North, in the heart of Gravesend. The new 75-foot-tall structure will contain a lobby, administrative offices, and classrooms on the ground floor, a cafeteria in the cellar, classrooms and a teachers’ lounge on the second floor, classrooms on the third and fourth floors, followed by a gymnasium, a library, and a Midrash (probably a Beit Midrash, or study hall) on the fifth floor. Thomas Scibilia’s Brooklyn-based NA Design Studio is the architect of record. The Yeshiva is seeking a variance for bulk from the Board of Standards and Appeals, according to the applications. The 62-foot-wide, 11,075-square-foot assemblage consists of two two-story houses. Demolition permits haven’t been yet filed. The Avenue U stop on the F train is located around the corner.

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