Articles by Reid Wilson

New Owners Plan Commercial-Office Renovation at Seven-Story Property, 24-02 49th Avenue, Long Island City

11:00 am on July 26, 2016 By Reid Wilson

Innovo Property Group and Westbrook Parters have acquired, for $195 million, the seven-story, 640,000-square-foot office-industrial building at 24-02 49th Avenue, in southern Long Island City. The purchase was financed with a $136 million mortgage, Commercial Observer reported. The building is nearly completely leased, with the New York City Housing Authority (NYCHA) occupying 480,000 square feet across five floors. The new owners plan to not renew NYCHA’s lease, which expires in 2020. The plan is to renovate the property to include modern and creative office space. The property is right across the street from the Hunters Point Avenue station on the 7 train and the Long Island Rail Road.

Two-Story, 4,000-Square-Foot Retail Building Filed at 101-01 Roosevelt Avenue, North Corona

10:00 am on July 26, 2016 By Reid Wilson

Queens-based property owner David Mehrara, doing business as an anonymous LLC, has filed applications for a two-story, 3,990-square-foot commercial-retail building at 101-01 Roosevelt Avenue, in North Corona. The structure will contain a total of six retail units, averaging 408 square feet apiece, across both floors. The structure will be topped by a roof terrace. Dju La Lukovic’s Astoria-based DJL Architect is the architect of record. The 39-foot-wide, 1,323-square-foot property is currently occupied by a two-story residential structure. Demolition permits haven’t been filed. The site is directly below the 103rd Street-Corona Plaza stop on the 7 train.

39-Story, 320-Key Marriott Hotel Rises Above Street Level at 215 Pearl Street, Financial District

6:30 am on July 26, 2016 By Reid Wilson

Construction is now three stories above street level at 215 Pearl Street, located on the corner of Platt Street in the heart of the Financial District, where a 39-story, 320-key hotel is planned. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The hotel — which YIMBY first reported on in September of 2012 — will be a Courtyard & Residence Inn by Marriott. The latest building permits indicate it will encompass 165,655 square feet and stand 396 feet in height. The hotel rooms will be located on the fifth through 37th floors, while retail space will occupy some of the ground floor. Guest amenities include bike storage, a restaurant, meeting rooms, a fitness center, and a roof garden on the 38th floor. Lam Group is the developer and Nobutaka Ashihara Architect is the architect of record. Completion is expected in the summer of 2017.

Nine-Story Building Constructed as Part of 160-Unit Mixed-Use Redevelopment, 609 Broad Street, Newark

6:00 am on July 26, 2016 By Reid Wilson

L+M Development Partners’s mixed-use conversion of the four-story, 400,000-square-foot Hahne & Co. building, located at 609 Broad Street, at the corner of New Street in downtown Newark, is in the final stages of construction. Photos of the construction progress can be seen in a Jersey Digs report. Construction appears to have wrapped on the outside of the existing four-story structure, which will contain a mix of residential, retail, office, and community space. A new nine-story building — located at the corner of Halsey and New streets — is currently receiving its façade. The new construction component will feature ground floor retail space and residential units above. Between the two building, there will be 75,000 square feet of retail space, 160 apartments (40 percent of which will be set aside as affordable housing), and 100,000 square feet of community and community use space (50,000 square feet of which will be institutional and dedicated to Rutgers University). Whole Foods Market is expected to open their new 30,000-square-foot store in the building in 2017, which is when the rest of the project should be complete.

Public Plaza, Pedestrian Bridge Outside 50 West Street Revealed, Financial District

4:00 pm on July 25, 2016 By Reid Wilson

Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.

Five-Story, 76,000-Square-Foot Self-Storage Facility Filed at 163 6th Street, Gowanus

3:00 pm on July 25, 2016 By Reid Wilson

Following news that a 1,600-unit self-storage facility would be coming to 163 6th Street, in Gowanus, Storage Deluxe recently filed official applications for a five-story, 76,460-square-foot structure at the site. The facility, which will be operated by CubeSmart, will feature four loading berths, three off-street parking spaces, an accessory office component, and five floors of storage units. Virginia-based Butz • Wilbern, Ltd., is the applicant of record. The 125-foot-wide, 38,125-square-foot property is currently occupied by a metal salvage business. Demolition permits were filed to raze the business’s two-story office building and metal shed in May. The site is located five blocks from the Fourth Avenue/Ninth Street stop on the F, G, and R trains.

Twin Two-Story, Two-Family Houses Coming to 134-26 155th Street, Rochdale, Queens

2:00 pm on July 25, 2016 By Reid Wilson

Queens-based property owner Singh Satrohaugn has filed applications for twin two-story, two-family houses at 134-26 155th Street, in Rochdale, Queens. The neighborhood is just a few blocks from the northern fringe of JFK International Airport. The new buildings will each measure 4,043 square feet and their full-floor apartments should average a family-sized 1,347.5 square feet apiece. Amenities include laundry facilities in the cellar and a total of two off-street parking spots. South Ozone Park-based RLD3 Engineering is the applicant of record. The 8,000-square-foot plot was occupied by a single-story house until 2015.

Three-Story, Three-Unit Mixed-Use Building Planned at 42-07 Bell Boulevard, Bayside, Queens

1:00 pm on July 25, 2016 By Reid Wilson

Queens-based Parker Greenfield LLC has filed applications for a three-story, three-unit mixed-use building at 42-07 Bell Boulevard, located within the commercial center of Bayside, Queens. The structure will measure 7,673 square feet. The ground floor will host 2,232 square feet of commercial-retail space, followed by three residential units across the two upper floors. The apartments should average 997 square feet apiece, which means they will likely boast family-sized configurations. It’s unclear whether they will be rentals or sold as homes. Long Island City-based Carusone & Cherres Architects is the architect of record. The 25-foot-wide property is currently occupied by a deteriorating two-story mixed-use building. Demolition permits were filed in 2014. The Long Island Rail Road’s Bayside station is two blocks to the north.

Two-Story, 38,000-Square-Foot Medical Research Building Planned at 59-25 Little Neck Parkway, Little Neck, Queens

11:00 am on July 25, 2016 By Reid Wilson

Northwell Health (formerly the North Shore-LIJ Health System) has filed applications for a two-story, 38,191-square-foot research building at 59-25 Little Neck Parkway, in Little Neck, Queens. The facility will feature a café and storage area/warehouse on the ground floor, followed by a business offices and laboratories on the second floor. Jeffrey Zutz’s NoMad-based Flad Architects is the architect of record. The 250-foot-wide, 56,000-square-foot property – bound by Little Neck Parkway, 59th Avenue, and 260th Street – is currently vacant. Until 2015, it was occupied by a two-story office building.

Four-Story, Single-Family Redevelopment Proposed for 442 West 22nd Street, Chelsea

10:00 am on July 25, 2016 By Reid Wilson

Ceres Realty Capital is proposing to transform the three-story (plus basement), multi-family residential building at 442 West 22nd Street, in Chelsea, into a single-family mansion. The proposed redevelopment would include the addition of a single-story penthouse, DNAinfo reported. Alteration permits haven’t been filed with the Buildings Department, but William Suk’s Midtown South-based Suk Designs is the architect. Suk is currently taking the project through the Landmarks Preservation Commission’s (LPC) approval process. Exterior alterations must be approved by the LPC as the property sits within the Chelsea Historic District. The building has been vacated with exception to one tenant.

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Articles by Reid Wilson

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