Articles by Reid Wilson

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.

Four-Story, Six-Unit Residential Building Coming To 54-02 Junction Boulevard, Elmhurst

2:00 pm on March 18, 2016 By Reid Wilson

Property owner Xue Mei Chen has filed applications for a four-story, six-unit residential building at 54-02 Junction Boulevard, in Elmhurst, located seven blocks from the Woodhaven Boulevard stop on the M/R trains. The new structure will measure 6,504 square feet in total and its residential units will average 810 square feet apiece. The 40-foot-wide corner lot at 54th Avenue is currently occupied by a single-story, single-family house. Demolition permits have not yet been filed. Hui Zeng’s Bayside-based ABC Engineering is the applicant of record.

Four-Story, Three-Unit Residential Project Coming To 225 14th Street, Park Slope

1:00 pm on March 18, 2016 By Reid Wilson

Harel Edrey, doing business as Brooklyn-based EDG Development, has filed applications for a four-story, three-unit residential building at 225 14th Street, in southern Park Slope, located four blocks north of the Prospect Avenue stop on the R train. The new building will measure 6,104 square feet in total and the residential units should average a spacious 1,329 square feet apiece, indicative of condominiums. The first floor will contain the residential lobby and a single apartment. The second floor will have a full-floor apartment, and the third apartment will span the third and fourth floors. Issac & Stern Architects is the architect of record. A small two-story, 20-foot-wide townhouse must first be demolished.

19-Story, 30-Unit Residential Building Nearly Done At 301 East 61st Street, Upper East Side

11:00 am on March 18, 2016 By Reid Wilson

Back in May of 2014, YIMBY reported on plans for a 19-story, 30-unit residential building at 301 East 61st Street, located on the corner of Second Avenue, at the bottom of the Upper East Side. Since then, the project has risen silently and construction on the exterior is largely wrapping up, as seen in photos by Tectonic. The structure measures 58,957 square feet in total and includes 1,035 square feet of retail space on the ground floor. The residential units will be condominiums, many of them duplexes, and should average 1,456 square feet apiece. Amenities listed in the Schedule A include bike storage on the ground floor, a recreational room on the 13th floor, and a rooftop terrace. Real Estate Inverted Development is the developer and Garrett Goulay Architect is behind the design. Completion is expected later this year.

Seven-Story, 11-Unit Condominium Project Tops Out At 204 Forsyth Street, Lower East Side

10:00 am on March 18, 2016 By Reid Wilson

In February of 2015, YIMBY revealed renderings for the planned seven-story, 11-unit residential building at 204 Forsyth Street, on the Lower East Side. Bowery Boogie now reports the 24,960-square-foot project has topped out. The structure’s residential units will be condominiums and should average a spacious 1,779 square feet apiece. The units will come in two- and three-bedroom configurations, and amenities include a parking garage on the ground floor and bicycle storage and recreational space in the cellar. Charlie Saulson is the developer and Z Architecture is behind the design. Completion is expected later this year.

High-Profile Mixed-Use Development Site Up For Sale At 39-08 Janet Place, Flushing West Rezoning Area

6:30 am on March 18, 2016 By Reid Wilson

Property owners ABS Management & Development and Babad Management are now placing on the market the 3.7-acre vacant development site at 39-08 Janet Place (a.k.a 131-35 Roosevelt Avenue), in Downtown Flushing. The Real Deal reports the site currently offers 870,000 square feet of development rights. A five-tower, 450-unit mixed-use project was approved by the city before the 2008 financial crisis. It was going to be built by LEV Development Group and was designed by Ismael Leyva Architect, but it never got off the ground. Today, the plot is subject to the proposed Flushing West Rezoning, and, if established, would be located within the rezoning’s special waterfront district. That means a future development may require the construction of a waterfront promenade along Flushing Creek (although we don’t know if the rezoning means that the site would get more development rights). The site doesn’t have an asking price, although brokers expect the site to generate more than $120 million.

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Articles by Reid Wilson

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