Articles by Reid Wilson

Seven-Story, 43,250-Square-Foot Multi-Use Commercial Project Filed At 1932 Coney Island Avenue, Midwood

11:00 am on February 24, 2016 By Reid Wilson

Property owner Alex Finkelshteyn, doing business as anonymous Brooklyn-based LLC, has filed applications for a seven-story, 43,250-square-foot multi-use commercial building at 1932 Coney Island Avenue, in Midwood, located on the corner of Avenue P. The ground floor will contain 4,920 square feet of retail space and the rest of the building will have 33,410 square feet of community facility space, which could operate in the form of medical offices or facilities, non-profit offices, educational or day-care uses, or religious organizations. The exact use is not specified in permits, but the new building will have valet parking for 38 automobiles. Robert Palermo’s Brooklyn-based Corporate Design of America is the architect of record. Demolition permits were filed this past January to remove an existing gas station.

Schematics Posted Of Eight-Story, 12-Unit Mixed-Use Project At 42-44 Crescent Street, Long Island City

10:00 am on February 24, 2016 By Reid Wilson

In July of 2014, YIMBY reported on applications for an eight-story, 12-unit mixed-use building at 42-44 Crescent Street, in Long Island City’s Queens Plaza section. Now, The Court Square Blog reports schematics have been posted of the project on site. Maspeth-based Angelo Ng + Anthony Ng Architects Studio is designing, although no official renderings have been released yet. The new building will encompass 15,338 square feet and will include 2,060 square feet of commercial space on the ground-floor for a restaurant. Residential units will begin on the second floor and should average 951 square feet apiece, which means either rentals or condos could be in the works. Flushing-based Andy Ho is the property owner and doing business under an anonymous LLC. The site’s old two-story building was demolished late last year and excavation appears imminent. Completion is expected in 2017.

Renderings Revealed For 12-Story Mixed-Use Proposal At 107-18 70th Road, Forest Hills

6:30 am on February 24, 2016 By Reid Wilson

News broke earlier this month that a developer is looking to build a 12-story mixed-use building at 107-18 70th Road, in Forest Hills, and renderings of the project have since surfaced. According to DNAinfo, the new building is being designed by Morali Architects. As previously reported, the 120-foot-tall structure would require a variance from the city as zoning currently only allows for new developments of up to 80 feet. The developer, who remains anonymous, is planning to transfer air rights to the site, which is currently occupied by a strip of single-story restaurants, known as “Restaurant Row.” The project would have ground-floor retail space with new restaurants and residential units on the upper floors. A tentative completion date is being pegged at 2019.

Lighthouse Point, rendering via Triangle Equities

Developers Land Financing, Tenant For Lighthouse Point’s First Phase In St. George, Staten Island

6:00 am on February 24, 2016 By Reid Wilson

In the summer of 2015, YIMBY brought you new renderings of the Lighthouse Point mixed-use development, in St. George, located immeadiately south of the St. George Terminal on Staten Island. Construction kicked off on the project’s first phase later that year – a 12-story, 116-unit mixed-use building that fronts Bay Street. Its developers – Triangle Equities and Lubert-Adler – have now secured a total $81.7 million in financing from multiple sources. In addition, Commercial Observer reports Regus signed a lease to take 30,000 square feet of the mixed-use building’s 65,000 square feet of commercial space. The remaining 35,000 square feet could be leased as office or retail space, and construction on the first phase is expected to wrap up in 2017. The rest of the project includes repurposing four historic structures and other artifacts, and building a 12-story, 175-key hotel with 15,000 square feet of event space and an additional 23,000 square feet of multi-use commercial space. Garrison Architects is designing.

Three-Story, Three-Unit Residential Project Planned At 656 Warwick Street, East New York

4:00 pm on February 23, 2016 By Reid Wilson

Julio Salinas, doing business as an anonymous Brooklyn-based LLC, has filed applications for a three-story, three-unit residential building at 656 Warwick Street, in central East New York, located a stone’s throw away from the New Lots Avenue stop on the 3 train. The new structure will measure 3,278 square feet in total and the full-floor units will average a family-sized 1,093 square feet apiece. The ground-floor unit will feature an indoor garage and recreational space in the cellar. Michael Sbeglia’s Brooklyn-based Design Concept Architects is the architect of record. The 20-foot-wide lot is currently being used as a parking lot.

Four-Story, Seven-Unit Residential Building Filed At 894 Willoughby Avenue, Bushwick

3:00 pm on February 23, 2016 By Reid Wilson

Brooklyn-based Infinity Properties, headed by Isaac Dana, has filed applications for a four-story, seven-unit residential building at 894 Willoughby Avenue, in western Bushwick, located four blocks from the Myrtle Avenue stop on the J, M, and Z trains. The new structure will measure 5,027 square feet in total and its residential units will average a rental-sized 691 square feet apiece. There will be two units per floor except for the fourth floor, which will have only one. Olabanji Awosika’s Jamaica-based Banji Awosika Architect is the architect of record. Demolition permits were filed this back January to remove the site’s existing two-story, 22-foot-wide townhouse.

Seven-Story, 37-Unit Residential Building Rises At 50 Clinton Street, Lower East Side

3:00 pm on February 23, 2016 By Reid Wilson

In December of 2015, foundation work was underway at the planned seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side. Now, Bowery Boogie reports the structure is two stories above street level. Once complete, the project will encompass 43,002 square feet and will have 1,836 square feet of ground-floor retail space. The residential units, which are condominiums, will average 1,023 square feet apiece and Paris Forino is designing the interiors. Only six units remain up for grabs. Amenities will include, but are not limited to, a 24-hour doorman, bike storage, residential storage, a fitness center, and a rooftop recreation space. Issac & Stern Architects is behind the project design and DHA Capital is the developer. Completion is expected by the end of this year.

Reveal For 24-Story, 55-Unit Mixed-Use Building At 50 West 30th Street, NoMad

1:00 pm on February 23, 2016 By Reid Wilson

In December of 2014, YIMBY reported on applications for a 24-story, 55-unit mixed-use building at 846-850 Sixth Avenue, in MoMad, located on the corner of West 30th Street. Curbed NY now has renderings of the project, which is being dubbed The NOMA, with an official address of 50 West 30th Street. The latest filings indicate the new building will encompass 105,973 square feet and will include retail space totaling 10,363 square feet on the cellar through the second floors. The residential units, beginning on the third floor, will be condominium and should average 1,320 square feet apiece. The apartments will range from one- to three-bedroom configurations. FXFOWLE Architects is behind the design and Alchemy Properties is the developer. It replaces the site’s former single-story commercial property, which was demolished last year.

Developers Plan Condo Conversion Of Eight-Story Building At 164 West 74th Street, Upper West Side

11:00 am on February 23, 2016 By Reid Wilson

Prime Rok Real Estate and Greystone Property Development have purchased the eight-story, 33,000-square-foot building at 164 West 74th Street, on the Upper West Side, for $28 million. According to Commercial Observer, the new owners are planning to convert the building, which is currently Phoenix House’s drug and alcohol rehabilitation facility, into 14 to 18 condominium units. As currently proposed, the structure’s façade will be lightly restored, the rear will be partially demolished, and the interior will be gut-renovated. Barry Rice Architects is designing the conversion, but any alterations to the property will have to be approved by the Landmarks Preservation Commission, as it’s located within the Upper West Side-Central Park West Historic District.

Developer Acquires Large Manufacturing Site At 23-30 Borden Avenue, Long Island City

10:00 am on February 23, 2016 By Reid Wilson

Developer Atlas Capital Group LLC, which done work across the country, has acquired the 276,705-square-foot warehouse at 23-30 Borden Avenue, in southern Long Island City, for $48 million. Bloomberg Business reports the warehouse serves as the home of Fresh Direct LLC, an online grocer, although the company will soon move to a new location currently being constructed in the Bronx. The Long Island City site is located within a manufacturing zone (M3-2) and currently yields 129,847 square feet of additional development rights under current zoning. But that could change if the developer initiates a zoning change or if the city moves forward with a general rezoning of the area, which could possibly allow for residential units to be built in this industrial section. Who is behind Atlas Capital Group, LLC? That will remain a mystery until the sale is complete.

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Articles by Reid Wilson

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