Articles by Reid Wilson

New Details, Renderings for 12-Story, Nine-Unit Condominium Project at 117 West 21st Street, Chelsea

10:00 am on June 14, 2016 By Reid Wilson

In March of 2015, the Amirian Group acquired, for $28.5 million, the vacant four-story commercial building at 117 West 21st Street, in Chelsea, with plans to redevelop the property into a 12-story, nine-unit residential building. Now, new details and renderings of the project, being dubbed The Twenty 1, have been revealed in a Curbed NY report. The existing structure is being expanded by eight stories to accommodate 32,541 square feet of residential space. The apartments, which will be condominiums, should average a spacious 3,616 square feet apiece. There will be six full-floor units, two duplex penthouses, and one townhouse. Amenities include private residential storage, a five-car parking garage, and a rooftop terrace. GRADE Architecture is designing the building and is serving as the architect of record.

Foundation Work Underway on Base of New York Wheel, 155 Richmond Terrace, St. George

6:00 am on June 14, 2016 By Reid Wilson

Back in November of 2015, the city approved design changes to the 630-foot-tall New York Wheel project at 155 Richmond Terrace, in St. George, Staten Island. At the time, construction was underway on the project’s four-level accessory commercial building. That commercial structure has since topped out and foundation work is now underway on the base of the Ferris wheel itself. The topped-out commercial structure encompasses 418,901 square feet, and features a 950-car parking garage, exhibition/gallery spaces, ticketing offices/security screening, a bike rental facility, a food hall, and commercial-retail space. The roof will also include a playground, a gallery, a restaurant, a performance stage, and landscaped recreational space. A large part of the building is expected to open this summer, with the entire project scheduled for completion in in 2017. Starneth B.V. is constructing the New York Wheel. S9 Architecture, with Navid Maqami as design principal in charge, and Perkins Eastman, with Jonathan Cohn as project manager, are behind the design.

Four-Story, Two-Family Residential Building Planned at 2926 Brighton 5th Street, Brighton Beach

4:00 pm on June 13, 2016 By Reid Wilson

Brooklyn-based property owner Arthur Oganov, doing business as High Dynamic Construction Inc., has filed applications for a four-story, two-unit residential building at 2926 Brighton 5th Street, in Brighton Beach, located two blocks from the Brighton Beach stop on the B and Q trains. The structure will measure 4,536 square feet and the apartments should average 1,717.5 square feet apiece. One apartment will be located on the second floor and part of the third, while the other will take up the remainder of the third and the fourth. They will be topped by a roof terrace, which will be exclusive to the upper unit. The ground floor will contain a two-car garage. Sergey Mozer’s Brooklyn-based Mozer Architect Design is the architect of record. Demolition permits have been filed to raze the 1,600-square-foot site’s single-story house.

14-Story, 84,000-Square-Foot Multi-Use Commercial Building Filed at 827 Broadway, Greenwich Village

3:00 pm on June 13, 2016 By Reid Wilson

Back in August of 2015, Quality Capital and Caerus Group acquired, for $60 million, the two four-story, mixed-use buildings at 827-831 Broadway, located between East 12th and 13th streets in Greenwich Village. Now, the developers have filed applications for a 14-story, 84,108-square-foot multi-use commercial building at the site. The building will stand 289 feet above street level. It will feature retail space across parts of the cellar through third floors, 6,394 square feet of medical office space on parts of the second and third floor, and office space on the fourth through 14th floors. Amenities will include storage space on the cellar, a terrace on the fourth floor, and a rooftop terrace. The existing buildings, which together measure 36,500 square feet, include retail on the bottom two floors and apartments on the upper two floors. Chelsea-based CD3 Architecture is the architect of record. Demolition permits have not yet been filed.

Investment Firm to Purchase Mixed-Use Development Site at 531-539 Sixth Avenue, Chelsea

2:00 pm on June 13, 2016 By Reid Wilson

Hong Kong-based Gemini Investments is in contract to acquire the single-story, 14,000-square-foot commercial building at 531-537 Sixth Avenue and the four-story mixed-use building at 539 Sixth Avenue, in southern Chelsea. The investment firm is paying $53 million for the assemblage, according to The Real Deal. The properties are located at the corner of West 14th Street, and if both existing buildings are demolished, the site can accommodate up to 60,566 square feet of mixed-use development. The single-story building is currently vacant, although the four-story mixed-use building is occupied by a retail tenant and a few residential units. Plans for the site have not been disclosed. Neither demolition permits nor new buildings applications have yet been filed.

Two Three-Story, Two-Family Houses Coming to 215 Raritan Avenue, Dongan Hills, Staten Island

1:00 pm on June 13, 2016 By Reid Wilson

Property owner Raymond Masucci, doing business as an anonymous Staten Island-based LLC, has filed applications for two three-story, two-family houses at 211-215 Raritan Avenue, in Dongan Hills, located on Staten Island’s East Shore. One will measure 3,874 square feet and the other will measure 3,900 square feet. Across both, the the full-floor apartments should average a family-sized 1,236 square feet apiece. Staten Island-based Calvanico Associates is the architect of record. According to the Buildings Departments, a single-story house on the 94-foot-wide plot of land was demolished in March. The project is located six blocks from the neighborhood’s Staten Island Railway station.

31-Story, 161-Key Hotel Filed at 12 East 48th Street, Midtown

11:00 am on June 13, 2016 By Reid Wilson

Back in 2014, Hidrock Realty Inc. acquired, for $47 million, the collection of five- and six-story commercial buildings at 12-14 East 48th Street and 13 East 47th Street, in Midtown, located between Fifth and Madison avenues. At the time, the developer planned to construct a residential tower, but new building applications have now been filed for a 31-story, 161-key hotel. The building will measure 115,924 square feet in its entirety and will contain ground-floor retail space. The hotel rooms will be located on the third through 29th floors, and guest amenities are to include a courtyard on the ground floor, a fitness center, a lounge with a pantry, storage for bikes, and a terrace on the second floor. Financial District-based Handel Architects is the architect of record. The permit indicates the seven-story commercial building at 16 East 48th Street is also part of the development assemblage. Demolition permits are currently on file for the buildings at 12-14 East 48th Street and 13 East 47th Street.

McSam Hotel Group Acquires 99-Year Ground Lease at Commercial Development Site, 523-529 Eighth Avenue, Garment District

10:00 am on June 13, 2016 By Reid Wilson

Sam Chang’s Great Neck, N.Y.-based McSam Hotel Group has closed, for $27.1 million, on a 99-year ground lease of the 7,454-square-foot property at 523-529 Eighth Avenue, in the Garment District section of Midtown. Located on the corner of West 36th Street, the lot is currently occupied by a single-story, 7,400-square-foot retail building with five commercial units, according to The Real Deal. The site can accommodate up to 74,540 square feet of commercial development. Neither demolition permit nor new building permits have yet been filed with the Department of Buildings. It’s not known when the tenants’ leases expire, and plans for the site have not been disclosed. The property owner is Joseph P. Day Realty Corporation.

Admiral's Row rendering. Credit: S9 Architecture

New Commercial-Retail Buildings Filed Along Admiral’s Row at Brooklyn Navy Yard

6:30 am on June 13, 2016 By Reid Wilson

It was revealed in May of 2015 that New Jersey-based Steiner Equities Group, selected by the Brooklyn Navy Yard Development Corporation, would be redeveloping the corner of Flushing Avenue and Navy Street into a multi-building commercial complex. Now, the developer has filed applications for three of the four planned buildings. At the corner of Flushing and Navy, filed under 1 Flushing Avenue, a new single-story, 12,600-square-foot retail building is planned. Directly to the east, at 3 Flushing Avenue, a two-story, 36,645-square-foot retail building is in the works. To the north of 1 Flushing Avenue along Navy Street, at 25 Navy Street, another two-story retail building measuring 41,200 square feet is planned. A fourth building, this one five stories in height, is planned at 21 Flushing Avenue. That structure, to total 248,489 square feet, will include a 74,000-square-foot Wegmans market and 126,000 square feet of industrial space. S9 Architecture is the design architect. Steiner is ground-leasing the property in a 96-year lease, which is currently scattered with the crumbling remains of Admiral’s Row. Two of the dilapidated buildings along the corridor are being restored, but the rest are to be demolished. Completion is expected in 2017.

New 20,000-Square-Foot Statue of Liberty Museum Proposed on Liberty Island

6:00 am on June 13, 2016 By Reid Wilson

A new free-standing, 20,000-square-foot museum is being developed at the Statue of Liberty National Monument, located on Liberty Island in New York Harbor. The museum would replace the one currently located at the base of the statue, according to the Wall Street Journal. It would be able to accommodate 1,000 to 1,200 visitors per hour, and will include a gallery area, a theater, a bookstore, and administrative offices. FXFOWLE Architects has already been tasked to design the the museum, while ESI Design will be responsible for the interiors and exhibition space. The new building first has to be approved, and construction is estimated to take roughly two years. It would be built to the northwest of Flagpole Plaza on a vacant swath of land. Financing is being raised through the Statue of Liberty-Ellis Island Foundation. The National Park Service (NPS) maintains the property.

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Articles by Reid Wilson

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