Articles by Reid Wilson

Six-Story, 10-Unit Mixed-Use Building Tops Out at 10-44 Jackson Avenue, Long Island City

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

Back in early 2013, new building applications were filed for a six-story, 10-unit mixed-use building at 10-44 Jackson Avenue, in the Hunters Point section of Long Island City. The site’s two-story predecessor was demolished in late 2014 and, now, construction on the project has topped out, according to the Court Square Blog. The project will measure 12,283 square feet and will feature 1,670 square feet of retail space across the ground and cellar levels. The units, which begin on the second floor, should average 686 square feet apiece, indicative of rental apartments. It will be topped by an apartment that spans part of the sixth floor and an upper-level penthouse. Brooklyn-based property owner Tibi Zicherman is the developer, while Douglas Pulaski’s Bricolage Designs is the architect. Completion is expected later this year.

Preliminary Plans Proposed for Two-Story, 350-Unit Mixed-Use Complex at 195 North Broadway, Hicksville

10:00 am on June 6, 2016 By Reid Wilson

Last year, Midtown-based Seritage Growth Properties (the real estate investment trust, or REIT, of Sears Holdings Inc.) acquired, for an unspecified amount, the 26.4-acre property at 195 North Broadway, in the hamlet of Hicksville, located in Nassau County, Long Island. Now, the REIT has proposed preliminary plans to build a 350-unit mixed-use complex on the site, according to Long Island Business News. They call for a two-story complex also containing retail space that includes a supermarket and shops, as well as a promenade. The property is currently occupied by a 156,000-square-foot Sears department store, a Sears auto center, a Chipotle restaurant, and a TD Bank. Everything would be demolished except for the TD Bank and Chipotle, which are located in separate small structures along North Broadway. The plans are at least a year-plus from getting underway, but the developer has already begun meeting with the Hicksville Community Council. The site is located seven blocks from the neighborhood’s Long Island Rail Road station.

Three-Story, 11-Unit Residential Building at 138-140 West 11th Street to Get Single-Family Conversion, Greenwich Village

9:30 am on June 6, 2016 By Reid Wilson

Back in September of 2014, real estate investors Enrique Alonso and Katherine Pozycki-Alonso acquired, for $19.2 million, the three-story, 11-unit residential building at 138-140 West 11th Street, in Greenwich Village. Now, an unknown buyer has acquired the 12,000-square-foot property for $31 million and is planning to transform it into a single-family mansion, according to the Wall Street Journal. The structure, which previously contained two rent-stabilized apartments, is being delivered vacant. Extensive renovations to the interior are expected. The 5,450-square-foot lot currently contains 16,240 square feet of residential air rights, so an expansion is also possible. Any exterior alterations to the property must be approved by the Landmarks Preservation Commission, as the townhouses sit within the Greenwich Village Historic District.

Reveal for Six-Story, 33-Unit Mixed-Use Condo Project at 509 Pacific Street, Boerum Hill

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

Back in April, the first partial renderings were revealed of the six-story, 33-unit mixed-use building planned at 509 Pacific Street, in Boerum Hill, located within two blocks of stops of on the 2, 3, 4, 5, B, D, N, Q, and R trains and Atlantic Terminal. Now, the first full rendering of the building, dubbed the Hendrik, has been revealed by the New York Times. The latest permits indicate the project will encompass 114,812 square feet. The ground and cellar levels will feature 26,000 square feet of retail, and the residential units above should average 1,680 square feet apiece. The apartments will be condominiums ranging from two- to four-bedrooms, with the smallest units measuring 1,200 square feet and the largest clocking in at 2,500 square feet. Nineteen of the condos will have outdoor terraces. Amenities will include a fitness center, a children’s playroom, a library, a lounge, a pet spa, bike and stroller storage, an underground parking garage, a rooftop terrace, and a central courtyard. Hopestreet is the developer, while Beyer Blinder Belle is the architect. Foundation work is reportedly underway, with completion scheduled for late 2017.

Luxury Senior Facility Revealed at 681 Lexington Avenue

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

The Wall Street Journal has revealed the design for a new luxury senior living facility coming to the northeast corner of 56th Street and Lexington Avenue, spanning 677-681 Lexington Avenue. Hines and Welltower are the developers, and paid $115 million for the assemblage, which will host a new 15-story building designed by SLCE Architects.

Four-Story, Two-Unit Residential Building Planned at 108-10 50th Avenue, Corona

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

Property owner Zhong H. Hu, doing business as an anonymous Corona-based LLC, has filed applications for a four-story, two-unit residential building at 108-10 50th Avenue, in Corona, located 10 blocks south of the 111th Street stop on the 7 train. The structure will measure 3,743 square feet and will rise on a 30-foot-wide, 1,500-square-foot lot. One unit will be hosted on the ground and second floors, while the second will span the third and fourth floors. The apartments should average 1,457.5 square feet apiece. An Shen Ma’s Flushing-based architecture firm is the architect of record. An existing two-story house must first be demolished.

Pratt Institute Files for 10-Story, 124-Room Student Dormitory at 135 Emerson Place, Clinton Hill

2:00 pm on June 3, 2016 By Reid Wilson

The Pratt Institute has filed applications for a 10-story, 124-room student dormitory at 135 Emerson Place, in Clinton Hill, located three blocks north of the Classon Avenue stop on the G train. It will measure 74,725 square feet, and dorm units should average a relatively spacious 459 square feet apiece. Student amenities will include laundry facilities and storage for 35 bikes, plus student lounges and an art studio. The building will also feature a retail store on the ground floor, but no commercial space is listed in the application. Carisima Koenig’s Midtown-based Cannon Design is the architect of record. Pratt acquired the vacant 34,700-square-foot property for $13 million back in 2012. The site could accommodate a building with 96,906 square feet of residential space, according to The Real Deal, which means 39,963 square feet of air rights will be left over if the latest plans are built.

Developer in Contract to Acquire Mixed-Use Site at 1800 Park Avenue, East Harlem

1:00 pm on June 3, 2016 By Reid Wilson

Back in October of 2014, YIMBY revealed new renderings of the previously planned 32-story, 682-unit mixed-use project at 1800 Park Avenue, located between East 124th and 125th streets in East Harlem. Then last year, the project’s developer, the Continuum Company, decided to sell the site. Earlier this year, the Continuum defaulted on their loan on the property, and now the creditor, the Durst Organization, is in contract to acquire the site for nearly $100 million, The Real Deal reported. It wasn’t disclosed what Durst plans to do with the property. Continuum technically poured a part of the building’s foundation before the 421-a tax abatement expired, so the project remains eligible. Amended new building permits currently describe a 24-story, 670-unit project encompassing 694,000 square feet. Featured is 73,460 square feet of commercial space and 46,250 square feet of community facility space on the cellar through third floors. ODA New York is behind the project’s design.

Four-Story, 623,000-Square-Foot Commercial Complex Revealed, 280 Richards Street, Red Hook

11:00 am on June 3, 2016 By Reid Wilson

Back in 2005, Thor Equities acquired, for $40 million, the 7.7-acre Revere Sugar Refinery site at 280 Richards Street, located south of Beard Street in Red Hook. The developer later demolished the refinery (the last photos of it can be found here), and has since been floating the idea of building a massive mixed-use project with residential units and commercial space. The developer is now moving forward with plans for a four-story, 623,000-square-foot commercial complex, Bloomberg reported. It will include 600,000 square feet of office space and will boast 100,000-square-foot floor plates. The project will also feature 23,000 square feet of retail and restaurant space, presumably on the ground floor, along with a central courtyard, rooftop terraces, and a public waterfront esplanade. Norman Foster’s London-based Foster + Partners is designing. The site is located 12 blocks from the Smith-9th Streets stop on the F/G trains.

Construction Wraps on 10-Story, 45-Unit Residential Project at 92 Morningside Avenue, Harlem

10:00 am on June 3, 2016 By Reid Wilson

Back in June of 2015, the 10-story, 45-unit residential redevelopment project at 92 Morningside Avenue, located on the corner of West 122nd Street in Harlem, topped out. Now, construction on the exterior of the structure is wrapping up, as seen in photos in a Harlem+Bespoke report. The site’s old seven-story pre-war building received a three-story, 11,677-square-foot vertical expansion and now boasts 60,714 square feet of residential space. Before the expansion, the building was more densely occupied with 50 apartments, but it is now home to 45 rental units ranging from one- to four-bedrooms. The apartments should average a spacious 1,349 square feet apiece and will include duplex penthouses. Amenities include storage for 23 bikes, a fitness center, a children’s playroom, and a rooftop terrace. Renaissance Realty Group is the developer, while Nataliya Donskoy’s Brooklyn-based ND Architecture & Design is behind the architecture. Occupancy is expected in the coming months.

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Articles by Reid Wilson

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