Articles by Reid Wilson

Tishman Speyer Planning Two Office Towers At 28-10 Queens Plaza South, Long Island City

11:00 am on March 2, 2016 By Reid Wilson

Tishman Speyer is now working to develop two more office towers on the same block as Two Gotham Center, the 22-story office building the developer built in 2011 at 42-09 28th Street, in Long Island City’s Queens Plaza section. According to The Real Deal, one of the buildings, dubbed One Gotham Center, will be a 29-story, 583,000-square-foot property with 20,000 square feet of retail space. It will include 200 parking spaces. Last year, WeWork signed a lease for 200,000 square feet of space in it. The second building, dubbed Three Gotham Center, will be a 30-story, 515,000-square-foot property with 11,000 square feet of retail space. WeWork has already leased 258,000 square feet of space in Three Gotham Center, according to EB-5 documents. The developer hopes to accumulate $145 million in financing from the EB-5 program. A targeted completion date has not given.

Four-Story, Five-Unit Residential Project Planned At 33 Conselyea Street, Williamsburg

10:00 am on March 2, 2016 By Reid Wilson

Manhattan-based TA Dumbleton Development, doing business as an anonymous LLC, has filed applications for a five-story, four-unit residential building at 33 Conselyea Street, in central Williamsburg, located two blocks from the Metropolitan Avenue stop on the G train. The new building would measure 4,714 square feet in total and its units should measure an average 943 square feet apiece, so they could be either condos or rentals. The project’s fourth-floor penthouse unit also features a mezzanine level and a roof deck. Timothy Dumbleton’s development firm is also the architect of record and probably designing in-house. An existing two-story townhouse must first be demolished.

Developer Plans 20-Story, 65-Unit Mixed-Use Building At 200 East 21st Street, Gramercy

6:30 am on March 2, 2016 By Reid Wilson

In the summer of 2015, Chelsea-based Alfa Development entered into contract to acquire the development site spanning 253-261 Third Avenue (a.k.a 200 East 21st Street), in Gramercy, and now the developer is planning a 20-story, 65-unit mixed-use building. The Real Deal reports the project will measure 104,700 square feet in total and will include 7,200 square feet of ground-floor retail space. The rest of the new building will contain 65 condominium units, which will come in one- to four-bedroom layouts. BKSK Architects will be responsible for the design. Reportedly, the developers filed permits for the project, although they have yet to hit public record. Demolition permits, however, are on file for all of the assemblage’s existing buildings. Four three-story structures are to be demolished at 253-259 Third Avenue, and a five-story, 12-unit tenement building at 200 East 21st Street will be razed.

Shopping Complex Plans Nixed At 90-02 168th Street, Downtown Jamaica

6:00 am on March 2, 2016 By Reid Wilson

Back in 2013, the Greater Jamaica Development Corporation (GJDC) and Blumenfeld Development Group signed an agreement to build a 160,000-square-foot retail complex accompanied by a 550-space parking garage across two vacant lots in downtown Jamaica, specifically at 90-01 168th Street and 90-02 168th Street. Then early last year, the developers said they would build an additional 105,000 square feet of retail space and an affordable residential building. DNAinfo now reports the 2013 deal has terminated, effectively halting any plans for the sites. At this point, the GJDC plans to release a new and updated Request for Proposals (RFP), that will more than likely include affordable housing, for both properties later this spring. Both lots are currently being used for surface parking.

Veterinary Hospital Leases Newly Renovated Two-Story Property At 194 Fourth Avenue, Gowanus

4:00 pm on March 1, 2016 By Reid Wilson

For the past few years, Brooklyn-based landlord Todd Parjonas has been converting the two-story, 12,150-square-foot manufacturing building at 196 Fourth Avenue, between Sackett and Degraw streets in Gowanus, into a commercial-retail or office property. Commercial Observer now reports the Veterinary Emergency & Referral Group, a 24-hour animal hospital, has leased the entire building for the next 15 years, taking both the ground and second floors. The tenant expects to move into the repurposed property later this year, once it builds out its office space. Michael D. Just’s Brooklyn-based Just Architecture is the architect of record.

Three-Story, Three-Unit Residential Project Coming To 2615 East 27th Street, Sheepshead Bay

3:00 pm on March 1, 2016 By Reid Wilson

Property owner Xin Ling Huang has filed applications for a three-story, three-unit residential building at 2615 East 27th Street, in southern Sheepshead Bay, located three blocks north of the waterfront. The structure will measure 3,654 square feet in total and its full-floor residential units should average a spacious 1,197 square feet apiece, which means they will probably be condominiums. The project will also include a 300-square-foot garage for two automobiles. Flushing-based Thomas Tung PE is the applicant of record. The 40-foot-wide lot is currently occupied by one-and-a-half-story house and demolition permits have not yet been filed to knock it down.

Seven-Story, 32-Unit Residential Building Planned At 41-97 Parsons Boulevard, East Flushing

2:00 pm on March 1, 2016 By Reid Wilson

Xue H. Huang, head of Corona-based First Red Apple Realty, has filed applications for a seven-story, 32-unit residential building at 41-97 Parsons Boulevard, on the western end of East Flushing, located five blocks from Downtown Flushing’s Main Street. Initial new building applications were filed in March of 2014, but follow-up documents were not submitted until recently. The new building would encompass 37,087 square feet and its residential units should average a rental-sized 736 square feet apiece. There will also be space in the cellar for a medical office. According to the Schedule A, amenities include 16-car parking and 16 bike storage spaces in the cellar and a recreational area on the ground floor. Flushing-based Raymond Chan is the architect of record. The site’s former two-story house was demolished in October of last year.

Two Three-Story, Three-Unit Residential Buildings Coming To 25-30 22nd Street, Astoria

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

Queens-based property owner Yun Lee has filed applications for two three-story, three-unit residential buildings at 25-30 – 25-32 22nd Street, in western Astoria, located eight blocks west of the Astoria Boulevard stop on the N and Q trains. The two buildings will measure 2,491 and 2,641 square feet respectively, and the entire development will boast 5,391 square feet of residential space. That works out to average units measuring 899 square feet apiece, the majority of which will be full-floor apartments. Long Island-based Gad Ashoori is the applicant of record. Demolition permits were filed in October to remove an existing two-story house and a single-story garage.

Six-Story Residential Conversion Project At 41 Great Jones Street Placed On Market, NoHo

11:00 am on March 1, 2016 By Reid Wilson

Last September, Blumenfeld Development Group received all the approvals needed to convert the five-story commercial property at 41 Great Jones Street, in NoHo, into a six-story, three-unit residential building. Construction was supposed to start that November, but work never kicked off and now the 14,431-square-foot property is on the market for $21 million, Curbed NY reported. The conversion project was designed by Morris Adjmi Architects and will more than likely be carried out if a new developer acquires the building. As currently planned, the existing building would be expanded by a single story to total 16,395 square feet. There would be two duplexes and a triplex unit, each averaging a very spacious 4,444 square feet.

Developers Planning Six-Story, 100-Unit Condo Conversion At 45 Rivington Street, Lower East Side

10:00 am on March 1, 2016 By Reid Wilson

In November of 2014, the former 206-bed nursing home for AIDS patients (dubbed Rivington House) located at 45 Rivington Street, on the Lower East Side, closed its operations. Last year, there were reports that The Allure Group would turn the five-story, 150,000-square-foot building into a nursing home that would be available to all seniors, but now a team of developers has acquired the property for $116 million, according to The Real Deal. The team includes the U.S. branch of China Vanke Co., Slate Property Group, and Adam America Real Estate, and they plan to convert the building into roughly 100 condominium units. A completion date has not been disclosed.

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Articles by Reid Wilson

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