Articles by Reid Wilson

Pier 42 Park Project Lands $19 Million More In Funding, Lower East Side

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

Back in 2012, the Lower Manhattan Development Corporation (LMDC) secured $16 million in funding to build Pier 42 park, located between FDR Drive and the East River on the Lower East Side. Curbed reports the project has now received more complete financing in the form of $12 million more from the LMDC in addition to $7 million via settlement funds recently distributed by Gov. Andrew Cuomo. Once complete, the public space will include landscaped lawns and gardens, an esplanade, a bike path, playgrounds/play areas, a concession station, and a pavilion. Mathews Nielsen Landscape Architects is designing. Phase one, which largely focuses on remediating and pedestrianizing the pier, is expected to begin in 2017. A former cargo warehouse must first be demolished.

Eight Single-Family Houses Planned At 134 Elizabeth Street, Port Richmond, Staten Island

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

Alan Becker, doing business as an anonymous Staten Island-based LLC, has filed applications for eight two-story, single-family houses at 134-154 Elizabeth Street and 647-651 Delafield Avenue, in Port Richmond, located on Staten Island’s north shore. The houses will come in various sizes; beginning with the smallest, there will be two that measure 2,183 square feet in total, four that will measure 2,294 square feet, and two that will measure 4,589 square feet. The new homes will include off-street parking and basement levels. Staten Island-based Stanley Krebushevski is the architect of record. The 23,801-square-foot plot of land was subdivided in November. The site was once occupied by the burned-out House of Miracles Church until it was demolished last December.

Four-Story, Six-Unit Residential Building Planned At 2370 West 11th Street, Gravesend

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

Xiaying Li, doing business as a Brooklyn-based LLC, has filed applications for a four-story, six-unit residential building at 2370 West 11th Street, in southern Gravesend, located three blocks from the Bay 50th Street stop on the D train. The new building will measure 5,338 square feet in total and its residential units should average 820 square feet apiece, indicative of rental apartments. The ground floor will host a single apartment along with an enclosed parking space. The next two floors will contain two units apiece and the fourth floor will have a full-floor apartment. Dezhang Fang’s Flushing-based Fang Architect is the architect of record. The 40-foot-wide, 4,000-square-foot lot is currently vacant.

Developers Acquire Mixed-Use Development Site At 263 South 5th Street, Williamsburg

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

Back in October of 2015, news broke that Tavros Development Partners, Charney Construction & Development, and 1 Oak Development were in contract to acquire the Dime Savings Bank assemblage in Williamsburg, located two blocks north of the Marcy Avenue stop on the J/M/Z trains. The $80 million sale has closed, according to Commercial Observer. The development site includes the properties at 263-277 South 5th Street, 262-272 South 4th Street, and 205 Havemeyer Street, and some site are currently occupied by low-rise commercial structures. The Dime Savings Bank of Williamsburg building, the existing two-story bank at 209 Havemeyer Street, was not part of the deal. The 50,000-square-foot site could accommodate a new 230,500-square-foot mixed-use building, although plans for the site have not been disclosed.

Amenities Revealed At 25-Story, 262-Unit Condominium Conversion At 301 West 53rd Street, Midtown

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

In early 2015, HFZ Capital Group launched sales for the 262-unit condominium conversion of the 25-story, 264-unit rental apartment building at 301 West 53rd Street, in Midtown. The property, built in 1979, is currently undergoing the conversion. The residential units will come in one-, two-, and three-bedroom configurations, and YIMBY can now reveal the project’s 16,000 square feet of amenities. They include a marble-cladded lobby, an outdoor dog park, a landscaped rooftop terrace designed by Terrain, a library, a fitness center, a children’s playroom, and another outdoor terrace on the second floor. The interiors are being designed by BP Architects and the building is being redubbed Fifty Third and Eighth (previously The Metro). The building currently contains 16,000 square feet of ground-floor retail space.

1873 Starr Street/176 Woodward Avenue, rendering by Aufgang Architects

New Developers To Build Five-Story, 130-Unit Residential Project At 1873 Starr Street, Ridgewood

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

In October of 2015, YIMBY reported on applications for a five-story, 130-unit residential building at 1873 Starr Street, in western Ridgewood, located five blocks from the Jefferson Street stop on the L train. Now, Slate Property Group has sold the development site to Valyrian Capital and MGM Property Group for $18.5 million, according to Real Estate Weekly. The new owners plan to move forward with the approved project, which measures 141,929 square feet in total and will include 5,009 square feet of ground-floor retail space along with 3,000 square feet of community facility space. The apartment units should average 650 square feet apiece, with 45 of them to be rented at below-market rates. Amenities include a gym, a roof deck, a laundry room, and a garage for 64 bikes and 65 cars. Aufgang Architects is designing the building.

Five-Story, 57,800-Square-Foot Office Conversion Planned At 815 Broadway, Bushwick

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

Property owner Transition Acquisitions is planning to convert the five-story, 57,800-square-foot former Globe Exchange Bank building, located at 815 Broadway in far-western Bushwick, into office space, Commercial Observer reports. The property is currently vacant and boasts 41,673 square feet of commercial space. According to the Schedule A, 15,600 square feet of retail space will span the ground floor, medical offices will be located in the cellar level, and the rest of the building will full-floor contain office spaces. Boaz Golani’s Bronx-based BMG Design Build is the architect of record. The current owner acquired the building in July of 2015 for $15.1 million and the conversion is expected to be complete in the spring of 2017.

Reveal For 15-Story, 43-Unit Apartment Building At 41-32 27th Street, Long Island City

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

Back in October of 2015, schematic drawings surfaced for the planned 15-story, 43-unit residential project at 41-32 27th Street, in the Queens Plaza section of Long Island City. A rendering of the new 43,808-square-foot building is now available, and Commercial Observer is reporting the developer, Hakimian Organization, has secured $15.5 million in construction financing. The residential units will be rental apartments and should average 800 square feet apiece. Amenities include private storage spaces, storage for 23 bikes in the cellar, a gym, and 1,131 square feet of rooftop recreational space. Robert Bianchini’s Forest Hills-based ARC Architecture + Design Studio is the architect of record, and David Howell Design is responsible for the interiors. Construction is underway and completion is expected in early 2017.

Two Six-Story, Seven-Unit Residential Buildings Filed At 301 Wallabout Street, Williamsburg

4:00 pm on March 18, 2016 By Reid Wilson

Brooklyn-based Cipco Developers has filed applications for two six-story, seven-unit residential buildings at 299-301 Wallabout Street, in the Broadway Triangle section of Williamsburg, located a block from the Lorimer Street stop on the J/M trains. Each structure will measure 10,165 square feet and individual residential should average 1,452 square feet. Larger, family-sized apartments are in the works here, likely to accommodate the neighborhood’s Hasidic Jewish population. Both structures will be topped by penthouse levels, and a total of six parkings spaces and 20 bicycle storage spaces will be located on the ground and cellar levels. Hahram Tehrani’s Jamaica-based BTE Design Services is the applicant of record. A 60-foot-wide, single-story warehouse must first be demolished.

Four-Story, Seven-Unit Mixed-Use Building Planned At 2414 Hughes Avenue, Belmont

3:00 pm on March 18, 2016 By Reid Wilson

Property owner Eleen Nihan has filed applications for a four-story, seven-unit mixed-use building at 2414 Hughes Avenue, in Belmont, located four blocks south of Fordham University’s Rose Hill campus. The structure will encompass 5,837 square feet and will include a 312-square-foot doctors office on the ground floor. The residential units should average 643 square feet apiece, which means rental apartments are in the works. Mohammad Badaly’s Mount Vernon, N.Y.-based Badaly Architects is the architect of record. The site’s existing two-story wood-framed house must first be demolished.

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Articles by Reid Wilson

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