Articles by Reid Wilson

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.

Developer Refiles for Six-Story, Six-Unit Residential Project at 253 East 7th Street Under New Architect, East Village

11:00 am on April 21, 2016 By Reid Wilson

Back in October of 2015, the four-story townhouse at 253 East 7th Street, in the East Village, was being demolished for a new residential project. Since then, demolition work has been completed, and the developer, BSD Realty, has refiled for applications under a different architect. Issac & Stern Architects is now designing the project, which will rise six stories and contain six residential units. The structure would measure 10,466 square feet and its units should average a spacious 1,498 square feet apiece, indicative of condominiums. There will be roughly one unit per floor, except a single apartment will share space with other units on the ground and second floors, and the sixth-floor unit will feature space on an upper penthouse level.

15-Story Senior Housing Building Planned at 139 East 56th Street, Midtown East

10:00 am on April 21, 2016 By Reid Wilson

Hines and Welltower Inc. are planning a 15-story senior-housing facility at 139 East 56th Street, located at the corner of Lexington Avenue in Midtown East. The duo recently acquired the site, which is currently occupied by a two-story, 7,000-square-foot commercial building, for an undisclosed amount, according to Bloomberg. The planned structure would feature assisted-living units and memory car services, although the number of units plan is not currently known. The existing building will be demolished, although a TGI Fridays restaurant must first vacant the premises.

Façade Unveiled on 19-Story, 176-Key Aloft Hotel at 27-45 Jackson Avenue, Long Island City

6:30 am on April 21, 2016 By Reid Wilson

Back in December of 2015, YIMBY reported on the topping out of the 19-story, 176-key Aloft Hotel under development at 27-45 Jackson Avenue, in the Court Square section of Long Island City. Since then, façade installation has been underway and is now being unveiled from scaffolding, The Court Square Blog reports. The 68,160-square-foot complex features a main 19-story structure on Jackson Avenue in addition to a slimmer eight-story counterpart on Hunter Street. Guest amenities include storage for seven bikes, a fitness center, a conference room, and a bar/lounge. Nassim Seliktar is the property owner, while Gene Kaufman Architect is behind the design. Completion is expected within the next few months.

Renovated 12-Story, 148-Key Crowne Plaza Hotel Opens at 50 Kenny Place, Saddle Brook, New Jersey

6:00 am on April 21, 2016 By Reid Wilson

Last summer, Houston-based Unique Hotel Management Group acquired the shuttered 12-story hotel at 50 Kenny Place, in Saddle Brook, New Jersey (in Bergen County). Now, after six years of sitting empty, the hotel has finally reopened as a Crowne Plaza, according to NorthJersey.com. The renovated hotel has 148 rooms, a redesigned lobby, meeting and event rooms, a business center, and a restaurant, dubbed SKY, located on the top floor. The distinctly cylindrical tower was built in 1971 as a Holiday Inn, but closed in 2010 following the financial crisis, prior to being acquired by Unique for $10.7 million.

Two Three-Story, Three-Family Residential Buildings Coming to 190-24 Woodhull Avenue, Hollis

4:00 pm on April 20, 2016 By Reid Wilson

ACME New York Properties Inc. has filed applications for two three-story, three-unit residential buildings at 190-24 – 190-26 Woodhull Avenue, in Hollis, located a block from the neighborhood’s Long Island Rail Road station. Each one will measure 6,392 square feet, and across both buildings, the residential units should average a spacious 1,598 square feet apiece. The apartments will span an entire floor and will probably feature family-sized configurations, featuring multiple bedrooms. Richmond Hill-based Hansa Building Engineering Services is the applicant of record. The 50-foot-wide plot is currently vacant. Its two-story predecessor was demolished back in 2012.

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Articles by Reid Wilson

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