Articles by Reid Wilson

First Look at Macy’s Five-Floor Renovation Planned at 422 Fulton Street, Downtown Brooklyn

6:30 am on April 8, 2016 By Reid Wilson

In August of 2015, news broke that Tishman Speyer was acquiring five stories of Macy’s nine-story commercial building at 422 Fulton Street, along with the parking garage at 11 Hoyt Street/217 Livingston Street, in Downtown Brooklyn, for $170 million. Macy’s is expected to consolidate their retail space into 278,000 square feet on the lower half of the building (basement through fourth floors). Speyer would then expand and convert the upper portion into 10 stories of office space. The Wall Street Journal now has the first glimpse of the renovations, which Speyer has agreed to fund (as part of the deal), that will go into Macy’s portion of the building. Macy’s and FRCH Design Worldwide are designing their space. Work is expected to begin imminently, and the renovation is expected to be complete in 2019. It was recently reported that Speyer would be utilizing the EB-5 program to raise roughly $60 million in financing.

23-Story, 303-Unit Affordable Residential Tower Rises at 38 Sixth Avenue, Prospect Heights

6:00 am on April 8, 2016 By Reid Wilson

Last month, YIMBY revealed new renderings of the 23-story, 303-unit mixed-use building planned at 38 Sixth Avenue, in Prospect Heights, located within the 15-building Pacific Park mega-development. Curbed NY now has an update on the entire project, but more specifically photos revealing that this portion of Pacific Park is finally rising. The structure is currently two stories above street level. It will eventually encompass 341,595 square feet and will feature 8,700 square feet of retail space and medical offices on the ground floor. The rental apartments, averaging 957 square feet apiece, will all rent at below market-rates. There will be a mix of studios, one-, two-, and three-bedroom apartments. A partnership between Forest City Ratner and Greenland USA is developing, and SHoP Architects is behind the design. Completion is expected in late 2017.

Two Three-Story, Two-Family Buildings Planned At 67-23 185th Street, Utopia, Queens

4:00 pm on April 7, 2016 By Reid Wilson

Simon Cheung, doing business as an anonymous Flushing-based corporation, has filed applications for two three-story, two-unit residential building at 67-21 – 67-23 185th Street, in Utopia, located three blocks south of the Long Island Expressway. Each building will measure 2,875 square feet, with one unit taking up the ground floor and the second unit spanning across the second and third floors. The apartments will likely be geared towards families and will have multiple bedrooms. Theeshium E. Ken’s Flushing-based Paul Mok Engineering is the applicant of record. The site’s former single-story, single-family house was demolished last year.

Three Three-Story, Two-Family Houses Coming To 193 Sheldon Avenue, Woodrow, Staten Island

3:00 pm on April 7, 2016 By Reid Wilson

Staten Island-based Pete Rock Inc. has filed applications for three three-story, two-family houses at 114 Sinclair Avenue and 193-197 Sheldon Avenue, in Woodrow, located on the southern end of Staten Island. Each will measure 3,629 square feet, and will be occupied by a single unit on the ground floor and a second unit on the second and third levels. The units will spacious in size and should feature multiple bedrooms. All of the houses will also come with a garage big enough for a single vehicle. Staten Island-based Joseph M. Morace is the architect of record. The block-thru plot of land was subdivided into three separate tax lots in March, although a small house still must be demolished on the Sheldon Avenue side.

Six-Story, 195-Unit Apartment-Hotel Under Construction at 1100 Corporate Drive, East Garden City

2:00 pm on April 7, 2016 By Reid Wilson

The Beechwood Organization is developing a six-story, 195-unit apartment-hotel on a vacant plot of land on the western end of Meadowbrook Point, a 720-unit senior residential community they recently finished at 1100 Corporate Drive, in Nassau County’s East Garden City. According to Real Estate Weekly, the building, dubbed The Vanderbilt, will host 178 residential units and 17 hotel suites. The residential units will be rental apartments, coming in studio, one-, and two-bedroom configurations. Amenities include an English garden, a fitness center, a yoga room, a library, entertainment rooms, a café, meeting rooms, and a private courtyard featuring a pool and restaurant. Stonehill & Taylor Architects will be designing the interiors. The foundation was recently laid, and construction is expected to finish in late 2018.

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

1:00 pm on April 7, 2016 By Reid Wilson

Back in August of 2015, YIMBY reported on applications for the six-story, 29-unit mixed-use building at 509 Pacific Street, in Boerum Hill. Now, Curbed NY has updated details on the project, as well as the first partial renderings revealing the structure’s exterior. The 114,812-square-foot building, dubbed the Hendrik, will actually feature 33 residential units, averaging 1,680 square feet apiece. The apartments will be condominiums, ranging from two- to four-bedroom configurations. Per the Schedule A, amenities will include a fitness center and a 12,725-square-foot parking garage in the sub-cellar. There will also be 16,293 square feet of retail space across the ground and cellar levels. Hope Street Capital and AEW Capital Management are the developers, with Beyer Blinder Belle behind the design. The site’s old Walgreens store was demolished in 2015 and completion of the new structure is expected in 2017.

New Details on 25-Story, 714-Unit Mixed-Use Building Planned at 300 Livingston Street, Downtown Brooklyn

11:00 am on April 7, 2016 By Reid Wilson

Back in July of 2014, YIMBY reported on applications for TF Cornerstone’s planned 25-story, 714-unit mixed-use building at 300 Livingston Street (a.k.a. 33 Bond Street), in Downtown Brooklyn. Now, Commercial Observer has the latest details on the 734,312-square-foot project. Since our last report, the developer has secured $250 million in construction financing. The new building will also have a larger retail component than reported earlier. There will be 55,000 square feet of retail across the ground and cellar levels, and grocers and gyms are already in negotiations for the space. The residential units should average 790 square feet apiece, and 20 percent of them, or 143 apartments, will rent at below market-rates. Demolition of the site’s 49,942-square-foot five-story parking garage wrapped up in early 2015. Handel Architects is behind the design. Completion is expected in 2017.

Faith Bible Church Plans Seven-Story Replacement at 133-20 41st Avenue, Flushing

10:00 am on April 7, 2016 By Reid Wilson

Pastor John Hao’s Faith Bible Church & Seminary has been filing applications since 2013 to build a seven-story, 28,064-square-foot church at the site of their current house of worship, located at 133-20 41st Avenue. That’s in downtown Flushing, three blocks from the Main Street Station on the 7 train. The latest filing indicates the new building would have the main sanctuary on the ground and second floors, followed by a library, multi-purpose rooms, office and conference rooms, and storage space on the third and fourth floors. The fifth through seventh floors would contain classrooms. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. According to the demolition permit, work began last September to raze the church’s existing two-story building.

First Look at Seven-Story, 35-Unit Condominium Project, 75 Kenmare Street, NoLIta

6:30 am on April 7, 2016 By Reid Wilson

In October of 2015, YIMBY reported on applications to expand the three-story parking garage at 75 Kenmare Street, in NoLIta, into a seven-story mixed-use building with 35 residential units. Now, Curbed NY has the latest details on the project, including the first rendering of the building, depicting the entrance. The project will measure 55,484 square feet, 8,122 square feet of which will be dedicated to ground-floor retail space. The residential units, beginning on the second floor and averaging 1,353 square feet apiece, will be condominiums, ranging from one- to four-bedroom configurations. There will also be a slew of amenities, including an 150-car underground parking garage, as reported previously. Kravitz Design is behind the interiors, while Andre Kikoski Architect is serving as the architect. The value of the project is being tagged at $127 million, and DHA Capital, AMS Acquisitions, and First Atlantic Capital are the developers. Construction is expected to begin in the coming months.

Construction Wrapping on Three-Story, Elmhurst Public Library at 86-07 Broadway

6:00 am on April 7, 2016 By Reid Wilson

Construction is finally wrapping up on the Queens Library’s reconstructed three-story, 30,515-square-foot Elmhurst branch at 86-07 Broadway (a.k.a. 86-01 51st Avenue), located two blocks north of the Grand Av-Newtown stop on the M/R trains. The building will open in the fall, once the interiors get completed and furnished, DNAinfo reported. The library will host study areas, classrooms, an assembly hall, and storage rooms. Construction began on the library back in 2012 and was initially expected to open a year later. Sandro Marpillero’s TriBeCa-based Marpillero Pollak Architects is behind the design. The city’s Department of Design and Construction is leading the project.

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Articles by Reid Wilson

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