Articles by Reid Wilson

Eight-Story, Eight-Unit Mixed-Use Building Filed at 500 West 22nd Street, West Chelsea

2:00 pm on April 22, 2016 By Reid Wilson

Rye Brook, N.Y.-based Brantwood Capital has filed applications for an eight-story, eight-unit mixed-use building at 500 West 22nd Street (a.k.a. 197 Tenth Avenue), in West Chelsea. The structure will encompass 33,662 square feet and will feature 1,959 square feet of retail space on the ground and cellar levels. We can’t calculate the size of the residential units, which will likely be condominiums, but there will be a full-floor unit on the second floor, two on the third floor, followed by full-floor units on the fourth through sixth floors, topped by two duplex units across the seventh and eighth floors. The top apartments will also feature rooftop terraces. Norman Cox’s Brooklyn-based Union Street Studio is the architect of record. Demolition permits were filed earlier this month for a four-story building (previously two tenement buildings).

11-Story Mixed-Use Condo Building Planned At 22-43 Jackson Avenue, Long Island City

1:00 pm on April 22, 2016 By Reid Wilson

In February of 2015, the property owners of the development site at 22-43 Jackson Avenue (a.k.a. 45-60 23rd Street), located in the Court Square section of Long Island City, placed the property on the market, asking $29 million. Now, Circle F Capital is in contract to acquire the site for nearly $25 million, according to The Real Deal. The developer is planning a 10- or 11-story mixed-use building, with condominium units and 25,000 square feet of retail space. The plot, which is currently occupied by a single-story office building, can accommodate up to 76,000 square feet of development potential. Demolition permits have not been filed for the existing building, nor have new building applications for the new one.

12 Residential Units Planned on Church Property at 482 Grand Avenue, Clinton Hill

11:00 am on April 22, 2016 By Reid Wilson

The Mount Calvary United Holy Church at 482 Grand Avenue – in southern Clinton Hill, located two blocks from Clinton-Washington Avenues stop on the A/C trains – has filed applications to add two stories of apartments atop their 1,893-square-foot church, and to build a new four-story, eight-unit residential building on the vacant lot at 480 Grand Avenue. There will be four 751 square-foot apartments in the expansion above the church. The ground-up building will measure 5,708 square feet, with units measuring an average 713 square feet apiece. Bahram Tehrani’s Jamaica-based BTE Design Services is the architect of record.

Development Team Planning 80-Story Mixed-Use Tower Closer To 2020 At 989-993 Sixth Avenue, Midtown

10:00 am on April 22, 2016 By Reid Wilson

Back in December of 2015, it was reported that AB & Sons and Sioni Group were in contract to acquire 235,000 square feet of air rights (from the landmarked Haier Building) for their development assemblage at 989-993 Sixth Avenue, located on the corner of West 37th Street, in the Garment District section of Midtown. They have since closed on the purchase for an undisclosed amount, and now, the development team is planning a roughly 80-story mixed-use building, which could likely include retail space near the street level, a hotel, and residential units, according to The Real Deal. The site could boast up to 375,000 square feet of as-of-right development potential if the 21-story, 90,000-square-foot office building at 989-991 Sixth is demolished. The building reportedly won’t be demolished until at least 2019, probably due to existing leases. The corner lot at 993 Sixth Avenue is occupied by a partially built 18-story hotel project, which will also probably be demolished (it’s five stories in height).

Reveal for 15-Story, 72-Unit Hotel Planned at 92-18 150th Street, Jamaica

6:30 am on April 22, 2016 By Reid Wilson

TCX Development is planning a 15-story, 72-key hotel at 92-18 150th Street, located at the corner of Archer Avenue in downtown Jamaica, strategically located two blocks from the Jamaica Center-Parsons/Archer Station on the E/J/Z trains and five blocks from the Jamaica hub station on the Long Island Rail Road. The project, which does not currently have new building applications with the city’s Department of Buildings, should measure 35,000 square feet, with hotel rooms averaging 250 square feet apiece, Commercial Observer reports. It will feature a 2,000-square-foot rooftop bar and a 1,500-square-foot restaurant. ARC Architecture + Design Studio is responsible for the design. The developer has already demolished the site’s single-story predecessor. TCX acquired the site for $1.7 million in August of 2015.

Commercial Conversion Possible for Six-Story, 84,650-Square-Foot Industrial Building at 780 East 135th Street, Port Morris

6:00 am on April 22, 2016 By Reid Wilson

Bluestone Group, Altmark Capital, and Princeton Holdings have acquired, for $14.1 million, the six-story, 84,650-square-foot industrial building at 780 East 135th Street, in Port Morris, located five blocks from the Cypress Avenue stop on the 6 train. The previous owner was using the building as a storage facility, although the property is being delivered vacant. The new owners are considering converting it into creative office space or artists’ lofts, according to Commercial Observer. The exact plans for the structure have not yet been finalized or official disclosed.

Twin Two-Story, Two-Family Houses Coming to 107-46 Union Hall Street, Jamaica

4:00 pm on April 21, 2016 By Reid Wilson

Queens-based Mar and Mostak Inc. has filed applications for two two-story, two-family houses at 107-46 – 107-48 Union Hall Street, in Jamaica, located five blocks from the Jamaica Center-Parsons/Archer Station in the E/J/Z trains. Each will measure 4,441 square feet, and, across both structures, the full-floor residential units should average 1,480 square feet apiece. The apartments will likely be geared towards families, and each unit will come with an off-street parking space. Akeeb B. Shekoni’s Jamaica-based Askon Architects is the architect of record. The 66-foot-wide lot is currently occupied by a two-story house. Demolition permits were filed in March to remove it.

Four-Story, Two-Unit Townhouse Coming to 1773 Topping Avenue, Mount Hope

3:00 pm on April 21, 2016 By Reid Wilson

Sam Mahgerefteh, doing business as Great Neck-based LLC, has filed applications for a four-story, two-unit residential building at 1773 Topping Avenue, in Mount Hope, located four blocks from the 174-175 Streets stop on the B/D trains. The new structure would measure 3,703 square feet and would rise from a 17-foot-wide, 1,615-square-foot vacant lot. The units would average a spacious 1,851 square feet apiece, with the first unit occupying the ground and second floors, and the other occupying the upper two levels. The ground floor will also have an enclosed parking space. Sion Hourizadeh’s Floral Park-based Sion Associates is the applicant of record.

11-Story, 11-Unit Residential Building Filed at 1402 York Avenue, Upper East Side

2:00 pm on April 21, 2016 By Reid Wilson

An anonymous LLC has filed applications for an 11-story, 11-unit residential building at 1402 York Avenue, located between East 74th and 75th streets on the Upper East Side. The structure will measure 21,185 square feet, which means its residential units should average a spacious 1,926 square feet apiece. The apartments will have full-floor configurations, and condominiums must be in the works. Amenities include private residential storage, storage for six bikes, and a fitness center. Midtown South-based Kossar + Garry Architects is the architect of record and will likely be designing the building. The 20-foot-wide, 1,960-square-foot site is currently occupied by a two-story building. Demolition permits were filed in December to knock it down.

Owner Plans Renovations for Nine-Story Office Building at 315 Hudson Street, Hudson Square

1:00 pm on April 21, 2016 By Reid Wilson

Jack Resnick & Sons is planning to renovate and reposition the nine-story, 481,184-square-foot office building at 315 Hudson Street, in Hudson Square. FXFOWLE Architects will be designing the renovation, which will include a 10,000-square-foot landscaped rooftop terrace, a redesigned lobby, upgraded mechanical equipment and elevators, and new windows, according to Real Estate Weekly. New amenities include bike storage space with locker rooms. The property boasts 52,000-square-foot floor plates, and the top five floors (or 225,000 square feet of contiguous space) is slated to be ready for occupancy in early 2019. Other portions of the LEED-certified building, which contains ground-floor retail, are available for immediate occupancy.

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Articles by Reid Wilson

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