Articles by Reid Wilson

Four-Story, Single-Family Townhouse Filed at 42 Sharon Street, East Williamsburg

3:00 pm on May 11, 2016 By Reid Wilson

The owners of Brooklyn-based Colossal Media Group have filed applications for a four-story, single-family townhouse at 42 Sharon Street, in East Williamsburg, located four blocks from the Grand Street stop on the L train. The structure will measure 3,630 square feet and will include a two-car garage on the ground floor. Richard A. Goodstein’s Brooklyn-based nC2 Architecture is the architect of record. The 20-foot-wide lot is currently occupied by attached single-story brick house.

Three-Story, Two-Family Residential Project Planned at 1441 58th Street, Borough Park

2:00 pm on May 11, 2016 By Reid Wilson

Brooklyn-based Soft Stone Development has filed applications for a three-story, two-family residential building at 1441 58th Street, in the heart of Borough Park, located four blocks from the 62nd Street stop on the D train. The project will encompass 7,212 square feet, and its residential units should average a very spacious 3,574 square feet apiece, which means condominiums are surely in the works. The ground and cellar levels will contain one apartment, while the second and third floors will host the other unit. Genaro Urueta’s Maspeth-based Studio Gallos is the architect of record. The 40-foot-wide lot is currently occupied by a two-story house. Demolition permits were filed back in December.

New Owners to Renovate Six-Story, 225,000-Square-Foot Commercial Building at 43-01 22nd Street, Long Island City

1:00 pm on May 11, 2016 By Reid Wilson

Olmstead Properties and Newmark Holdings are in contract to acquire the six-story, 225,000-square-foot commercial building at 43-01 22nd Street, in the Queens Plaza/Court Square section of Long Island City. The building currently houses office and design spaces, with Reis Studios, Concept Press, and interior designer Christian Liaigre leasing space at the property. The building is expected to trade hands for more than $60 million, according to Commercial Observer. The new owners plan to renovate the building by upgrading the lobby and replacing the windows and elevators. Roughly 50,000 square feet of commercial space is currently available.

Developers to Begin Foundation Work on 66-Story Office Tower at 3 Hudson Boulevard, Hudson Yards District

11:00 am on May 11, 2016 By Reid Wilson

Back in May of 2015, YIMBY brought you new renderings and details of the 66-story, 1.8-million square-foot office tower planned at 3 Hudson Boulevard, located between Eleventh Avenue and Hudson Boulevard and West 34th and 35th streets, in the Hudson Yards District. Moinian Group is now starting construction on the 1,050-foot-tall tower, according to Bloomberg, without any tenants officially secured. The developer is hoping to complete financing for the $2 billion tower once it lands an anchor tenant, which they hope will happen before foundation work is completed. The tower’s leasing broker is currently in negotiations with three possible tenants, one of which could lease 1 million square feet, and two for 500,000 square feet each. The FXFOWLE Architects-designed building will also boast a pair of five-story LED screens.

Developers Acquire Stalled 16-Story, 98-Key Hotel Project at 139 Orchard Street, Lower East Side

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

In 2011, D.A.B. Group defaulted on the mortgage for their 16-story, 98-key hotel project at 139 Orchard Street, located on the Lower East Side. The developer eventually lost control of the site and abandoned construction on the structure, although the building topped out before work stopped. The latest development is that Fortuna Realty Group and Elk Investors won an auction to acquire the stalled-out project for $30.75 million, The Real Deal reports. Buildings applications indicate the hotel will measure 39,064 square feet. The new owners plan to finish construction on the building as a hotel. Completion is expected sometime in 2017.

City Planning Commission Expected to Approve Eight-Story Office Building Planned at 25 Kent Avenue, Williamsburg

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

In early January, the city’s Uniform Land Use Review Procedure (ULURP) kicked off for Heritage Equity Partners’ planned eight-story, 400,000-square-foot office/manufacturing building at 25 Kent Avenue, in northern Williamsburg. Now, the City Planning Commission is expected to support rezoning the block for the project, Crain’s reports. But the approval comes at the expense of the proposed neighborhood rezoning, which would establish an “Enhanced Business District” over most of the North Williamsburg Industrial Business Zone (IBZ), allowing for the surrounding blocks to be developed similar to 25 Kent Avenue. The rezoning would grant developers a boost in allowed commercial FAR in exchange for the inclusion of light manufacturing space, identical to a normal community facility FAR bonus. City Planning is expected to approve the application later this month, at which point the City Council will vote on the project. Mayor Bill de Blasio will complete the ULURP review if he decides to sign off on City Council’s pending approval. Rubenstein Partners is partnered in the project, and Gensler and Hollwich Kushner Architecture (a.k.a HWKN) is designing.

Three-Story, Three-Unit Residential Building Coming to 437 Cleveland Street, East New York

4:00 pm on May 10, 2016 By Reid Wilson

Woodhaven-based Joe Mashieh has filed applications for a three-story, three-unit residential building at 437 Cleveland Street, in northern East New York, located four blocks from the Shepherd Avenue stop on the C train. The structure will measure 3,942 square feet. Each floor will host a single apartment, and the units should average a family-sized 986 square feet apiece. Suresh Manchanda’s Flushing-based L&C Associates is the applicant of record. The 25-foot-wide, 2,458-square-foot lot is currently vacant. The site benefits from the East New York Rezoning that was approved last month, and now sits within an R5B district. The site can accommodate up to 3,318 square feet of residential space, which means 361 square feet of air rights will remain if the latest plans move forward.

Twin Three-Story, Two-Family Houses Coming to 49 Speedwell Avenue, Bulls Head, Staten Island

3:00 pm on May 10, 2016 By Reid Wilson

Steven Shapiro’s Staten Island-based FAS Building Corporation has filed applications for twin three-story, two-family houses at 49-53 Speedwell Avenue, in Bulls Head, located in west-central Staten Island. From south to north, they will measure 3,868 and 3,952 square feet respectively. Across the development, the full-floor residential units should average a family-sized 1,191 square feet apiece. Each house will come with a 223-square-foot, single-car garage, in addition to two other off-street parking spaces. Staten Island-based Calvanico Associates is the architect of record. The 90-foot-wide plot, on the corner of Sideview Avenue, was occupied by a single-story home until it was demolished earlier this year.

New Renderings of 54-Story, 33-Unit Residential Tower Under Construction at 520 Park Avenue, Upper East Side

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

Back in December of 2015, construction was up to the third floor of the 54-story ultra-luxury residential building under development at 520 Park Avenue, located on East 60th Street in Lenox Hill. Now, construction has commenced on the tower portion of the building, and YIMBY can reveal new renderings of the limestone-clad structure. The 251,892-square-foot, 737-foot-tall tower will host 33 condominiums, averaging an incredible 5,394 square feet apiece. Units will span at least the entire floor, with the duplex and triplex penthouses consisting of the largest configurations. Amenities will include a salon, a pool, a fitness center with exercise rooms, a treatment room, a sauna and steam rooms, and a children’s playroom. There will also be guest suites, a wine cellar, private storage space, a garden, and a 21-bike storage room. Zeckendorf Development is the developer and Robert A.M. Stern Architects is behind the design, while SLCE Architects is serving as the architect of record. Completion is expected in 2017.

Three-Story, 18,000-Square-Foot Office Building Filed at 178 Flatbush Avenue, Park Slope

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

Property owner Joseph Zelik has filed applications for a three-story, 17,882-square-foot office building at 178 Flatbush Avenue, in northern Park Slope, located two blocks from the Atlantic Av-Barclays Center stop on the 2/3/4/5/B/D/N/Q/R trains and Atlantic Terminal. According to the Schedule A, the entire building will host office space and, unfortunately, won’t contain ground-floor retail, though that could always change. Joseph Spector’s Financial District-based Dome Architecture, Design, and Engineering Group is the architect of record. The lot, at the corners of Fifth Avenue and Dean Street, is currently occupied by a single-story commercial building with multiple tenants. Demolition permits were filed in April to remove the building.

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Articles by Reid Wilson

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