Articles by Reid Wilson

36-Story Midtown Office Tower At 65 East 55th Street Getting Major Renovations

4:00 pm on March 31, 2016 By Reid Wilson

The 36-story, 615,850-square-foot office building at 65 East 55th Street, in Midtown, is currently receiving a $25 million renovation now that a majority of the tower is in between commercial leases. Construction on the first phase of renovations began earlier this year and includes a redesigned 41-foot-tall lobby and upgraded elevators, according to Commercial Observer. Once tenants vacate additional areas of the building this summer, work will begin on 20,000 square feet of amenities. Dubbed The Club, it will feature a fitness center, a recreational lounge, a bistro, and a conference center. A new outdoor plaza, with seating, vegetation, a sculpture, and a restaurant/bar, is also being constructed. Once completed, hundreds of thousands of square feet of office space will hit the market. Landlord Equity Office, a branch of Blackstone Group, acquired the 1985-built building in 2014 for $750 million.

13-Story, 88-Unit Mixed-Use Building Under Construction at 142-38 37th Avenue, Flushing

3:00 pm on March 31, 2016 By Reid Wilson

Back in November of 2014, YIMBY revealed renderings of the planned 13-story, 88-unit mixed-use building at 142-38 37th Avenue, in downtown Flushing, located three blocks from the Main Street Station on the 7 train. The project, dubbed East West Tower, is still under development, as its developer, Long Island-based Kenny Liu, has recently submitted plans to the Attorney General’s office detailing the project’s estimated sellout. The building is being valued at $95.5 million by the developer, according to The Real Deal. The 160,122-square-foot structure will host 26,791 square feet of community facility space across the ground and second floors. That space will be split between 18 doctors offices. Residential condominium units will begin on the third floor and should average 731 square feet apiece. There will be a 142-car parking garage and a fitness center in the cellar. Maspeth-based Architects Studio is designing and construction is quietly underway.

Four-Story, Seven-Unit Residential Project Planned At 1003 Willoughby Avenue, Bushwick

2:00 pm on March 31, 2016 By Reid Wilson

Brett Bernstein, doing business as an anonymous Brooklyn-based LLC, has filed applications for a four-story, seven-unit residential building at 1003 Willoughby Avenue, in western Bushwick, located four blocks from the Central Avenue stop on the M train. The structure will measure 5,000 square feet in total and its residential units should average a rental-sized 714 square feet apiece. The ground through third floors will contain two apartments each, and the project will be topped by a full-floor unit on the fourth floor that also features an upper penthouse level. Woody Chen’s Elmhurst-based Infocus Design & Planning is the architect of record. The 25-foot-wide lot is currently occupied by a two-story townhouse.

Five-Story, Eight-Unit Mixed-Use Building Filed At 578 Fifth Avenue, South Slope

1:00 pm on March 31, 2016 By Reid Wilson

Brooklyn-based Eight & Eight Development has filed applications for a five-story, eight-unit mixed-use building at 578 Fifth Avenue, in South Slope, located around the block from the Prospect Avenue stop on the R train. The new building will encompass 10,726 square feet and will include 1,549 square feet of retail space across the ground floor and part of the cellar. Floors two through five will contain two residential units each. The apartments should average 740 square feet apiece, which means rental units are likely in the works. Lower Manhattan-based Chi F. Lau Architect is the architect of record. Demolition permits were filed in June of 2015 for the site’s existing two-story, 25-foot-wide commercial building.

Construction Completed on Six-Story, Eight-Unit Mixed-Use Building at 372 Lafayette Street, NoHo

11:00 am on March 31, 2016 By Reid Wilson

Back in September of 2014, YIMBY brought you an update on adjacent residential projects at 10 Bond Street and 372 Lafayette Street (a.k.a. 11 Great Jones Street), in NoHo. The former project, a seven-story, 11-unit condominium building, went on the to have construction completed by the end of the summer of 2015. Construction has since entirely wrapped up on the latter project, a six-story, eight-unit residential building, as seen in photos by Tectonic. The property is completely unobscured from scaffolding and occupancy is currently underway. The ground floor and cellar levels will contain 2,143 square feet of retail space. The eight rental apartments above measure between 1,300 and 2,000 square feet apiece, coming in two- and three-bedroom configurations, although some units appear to have been divided into multiple apartments. Kano Properties is the developer, and Morris Adjmi Architects is behind the design.

Delay In State Financing Holds Up Kingsbridge Armory’s Conversion Into Sports Complex, Kingsbridge Heights

10:00 am on March 31, 2016 By Reid Wilson

Back in October of 2014, the Kingsbridge National Ice Center, led by Kevin Parker and Mark Messier, signed a 99-year lease with the New York City Economic Development Corporation (NYCEDC) to convert the vacant Kingsbridge Armory, at 29 West Kingsbridge Road in Kingsbridge Heights, into an ice sports facility. As planned, the 750,000-square-foot building, an individual landmark, will be converted to accommodate nine ice rinks, one of which will be a 5,000-seat arena, and 50,000 square feet of community facility space. Politico New York now reports the NYCEDC has extended the deadline by a month for the developer to obtain $158 million in construction financing, at which point it would turn over the lease to the developer to begin construction.

Developer Files for 49-Story, 122-Unit Residential Tower at 131 East 47th Street, Midtown East

6:00 am on March 31, 2016 By Reid Wilson

Over the summer of 2015, YIMBY revealed renderings of New Empire Real Estate’s planned high-rise residential tower at 131 East 47th Street, in Midtown East, and now new building applications have been filed with the Department of Buildings. The new 122-unit building will encompass 173,059 square feet and will rise 49 stories, or 581 feet, above street level. Beginning on the second story, there will be three residential units per floor through floor 12 and floors 14 through 35, then two units per floor on floors 37 through 47. The 48th floor will contain a full-floor penthouse, and floors 13, 36, and 49 will contain mechanical equipment.

Four Three-Story, Two-Unit Residential Buildings Filed At 85-39 Lefferts Boulevard, Richmond Hill

4:00 pm on March 30, 2016 By Reid Wilson

Queens-based property owner Bryan Tavarez has filed applications for four three-story, two-unit residential buildings at 85-39 – 85-47 Lefferts Boulevard, in Richmond Hill, located three blocks from the 121st Street stop on the J/Z trains. From north to south, two of the houses will measure 2,835 square feet each and will contain a single unit across the basement and the second levels with the second unit will taking up the third level. The third and fourth houses will measure 1,750 and 2,640 square feet respectively. The smaller building will have a similar layout to the buildings to the north. The larger one will feature a 293-square-foot doctors office on the first level and full-floor units on the next two floors. Fresh Meadows-based King David Architecture is the architect of record. The site is currently occupied by a two-and-a-half-story house, and demolition permits were filed in February.

Four- And Three-Story Buildings Planned At 1776 Broadway And 482 Marion Street, Ocean Hill

3:00 pm on March 30, 2016 By Reid Wilson

An anonymous Brooklyn-based LLC has been filing applications since January of 2014 for a four-story, three-unit mixed-use building at 1776 Broadway, and a three-story, two-unit residential building at 483 Marion Street, in Ocean Hill, located directly below the Chauncey Street stop on the J/Z trains. The new buildings will measure 6,201 and 3,205 square feet each, respectively, and the larger building will feature 1,240 square feet of retail space on the ground floor. Across both buildings, there will be 6,124 square feet of residential space, which means the apartments should average a spacious 1,225 square feet apiece. The units could be new-construction family-sized condominiums, which would be unprecedented in this part of Brooklyn for this building cycle. Douglas Pulaski’s Brooklyn-based Bricolage Designs is the architect of record. The 20-foot-wide, 3,342-square-foot lot is currently vacant.

Four-Story, Eight-Unit Residential Project Planned At 34 Belvedere Street, Bushwick

2:00 pm on March 30, 2016 By Reid Wilson

Brooklyn-based property owner David Grunfeld has filed applications for a four-story, eight-unit residential building at 34 Belvedere Street, in western Bushwick, located three blocks from the Myrtle Avenue stop on the J/M/Z trains. The new structure will encompass 7,437 square feet and its residential units should average 661 square feet apiece, indicative of rental apartments. One of the fourth-floor apartments will include space on the upper penthouse level. Rego Park-based Diego Aguilera is the architect of record. The 28-foot-wide, 2,444-square-foot lot is currently vacant.

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Articles by Reid Wilson

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