Articles by Reid Wilson

Four-Story, 70,000 Square-Foot Storage Facility Filed At 134-31 Merrick Boulevard, St. Albans

4:00 pm on January 26, 2016 By Reid Wilson

Mike Humphrey, doing business as a White Plains-based LLC, has filed applications for a four-story, 69,990 square-foot storage facility at 134-31 Merrick Boulevard, in St. Albans, located on the southeastern end of Queens. The commercial building will probably be self-storage and includes accessory office space and six loading berths. The prolific industrial architect Butz Wilber, based in Virginia, is the applicant of record. The site is currently home to an automobile business that recycles wrecked cars, and multiple warehouse structures must first be demolished.

Four-Story, Three-Unit Residential Project Planned At 108-62 42nd Avenue, North Corona

3:00 pm on January 26, 2016 By Reid Wilson

Zhong Chen has filed applications for a four-story, three-unit residential building at 108-62 42nd Avenue, in North Corona, three blocks from the 111th Street stop on the 7 train. The project will measure 4,562 square feet in its entirety and includes 3,499 square feet of residential space. That means full-floor units will measure an average 1,166 square feet apiece. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. Permits to demolish the existing 2.5-story, two-unit building were filed earlier this month.

Eight-Story, 18-Unit Residential Building Filed At 263 Franklin Avenue, Bedford-Stuyvesant

2:00 pm on January 26, 2016 By Reid Wilson

Jacob Movtady, doing business as an anonymous LLC, has filed applications for an eight-story, 18-unit residential building at 263 Franklin Avenue, in western Bedford-Stuyvesant, located two blocks from the Bedford – Nostrand Avs. stop on the G train. The entire project will measure 16,493 square feet and 11,284 square feet of that will be residential space. That means units will average a rental-sized 627 square feet apiece. The residential lobby and recreational space will be located on the ground floor and retail space will occupy the cellar. Floral Park-based Sion Consulting Engineering is the applicant of record. The 40-foot-wide lot is currently vacant.

New Renderings, Details For Multi-Building, 223-Unit Residential Conversion Of Cabrini Medical Center, Gramercy

1:00 pm on January 26, 2016 By Reid Wilson

In early 2015, YIMBY revealed renderings of the multi-building, 223-unit residential conversion of the former Cabrini Medical Center, located in Gramercy on the block bound by Second and Third Avenues and East 19th and 20th Streets. Now, Curbed NY has the latest details and renderings of the project, dubbed Gramercy Square, which include slight modifications to the exterior and slightly different unit counts. At 215 East 19th Street, the main 16-story hospital building will get a new façade and will get 130 condominiums, down from 140. The building at 225 East 19th Street will be transformed into 48 residential units, down from 54. The new-construction building at 220 East 20th Street will have eight full-floor units, and the last property at 230 East 20th Street will be converted into 37 units. The entire development will have 12,000 square feet of amenity space. Chetrit Group, Clipper Equity, and Real Property Group are developing, and Woods Bagot is designing.

Five-Story, Five-Unit Residential Conversion Planned At 25 Mercer Street, SoHo

11:00 am on January 26, 2016 By Reid Wilson

The five-story mixed-use building at 25 Mercer Street and the three-story property at 27 Mercer Street, located in the SoHo-Cast Iron Historic District, are expected to be converted into a single five-unit condominium building, according to Curbed NY. There will be four full-floor units and a duplex penthouse, and the residences are expected to hit the market this spring. GDS Development is developing and Fogarty Finger is designing the project, dubbed 25 Mercer. Alterations that would go into the conversion would have to be approved by the Landmarks Preservation Commission since the property is located within a historic district.

Developer, SCA Reach Deal At Planned Mixed-Use Development At 42 Trinity Place, Financial District

10:00 am on January 26, 2016 By Reid Wilson

Early last year, YIMBY brought you conceptual renderings of the possible supertall mixed-use tower that could rise at 42 Trinity Place, in the Financial District. Now the developer, Trinity Place Holdings, reached a deal with the city’s School Construction Authority (SCA) to build an elementary school in the base of the building, Tribeca Trib reports. The public school will boast 476 seats and a design is expected to be released of it this upcoming summer. In 2013, the city put forth $27.5 million in its budget to build a new school in the Financial District. The scope of the entire project has yet to be revealed, but it could potentially measure upwards of one million square feet and have retail, hotel, and residential components. Multiple buildings must first be demolished.

Four-Story, 35,000 Square-Foot Retail Project Planned At 257-263 West 34th Street, Midtown

6:00 am on January 26, 2016 By Reid Wilson

Cornell Realty Management is planning to build a four-story, 35,000 square-foot retail project at 257-263 West 34th Street, in the Garment District, according to Crain’s New York Business. According to The Real Deal, which reported on the assemblage last month, Chetrit Group and Cornell Realty acquired the three-story retail building at 261-263 West 34th Street together last March for an undisclosed amount. 259 West 34th Street was also recently acquired for $20.5 million. Chetrit and Cornell have since cut their partnership and, through a deal, have split their properties into separate ownerships. Cornell’s retail project will be clad in glass and construction is expected to begin sometime this year. A total of three small retail buildings must first be demolished.

Financing Complete For 25-Story, 115-Unit Mixed-Use Project At 565 Broome Street, Hudson Square

4:00 pm on January 25, 2016 By Reid Wilson

Over the summer summer, YIMBY partially revealed renderings for the planned 25-story, 115-unit residential building at 565 Broome Street (a.k.a 100 Varick Street), in Hudson Square. The developers have now secured a $320 million construction loan for the project, according to Crain’s, and Cindat (the U.S. branch of Beijing-based China Cinda Asset Management Co.) also acquired a $135 million stake in the project. The development team – SHVO, Bizzi & Partners Development, Halpern Real Estate Ventures, Aronov Development, and Itzhaki Acquisitions – recently acquired the two-story annex at 555 Broome for $9 million, completing the assemblage.

Reveal For Six-Story, 71-Unit Mixed-Use Building At 165 Huguenot Street, New Rochelle

3:00 pm on January 25, 2016 By Reid Wilson

Last October, YIMBY brought you news that Anup Misra, head of East & Hudson Real Estate, is developing a six-story, 71-unit mixed-use building at 165 Huguenot Street, in downtown New Rochelle. Now, the Daily Voice has a rendering of the project, dubbed the Print House. The 64,000- square-foot building will feature studio, one-, and two-bedroom rental apartments, measuring between 500 and 975 square feet apiece. There will also be 3,000 square feet of ground-floor retail space. The New Rochelle Industrial Development Agency recently approved a 12-year Payment in Lieu of Taxes (PILOT) structure for the project, which is a tax incentive. An existing two-story commercial building must first be demolished. Construction is expected to begin this spring, with completion scheduled in 2017. Magnusson Architecture & Planning is behind the design.

Request For Proposals Released For Mixed-Use Development Site At 2870 Webster Avenue, Bedford Park

2:00 pm on January 25, 2016 By Reid Wilson

The New York Botanical Garden has released a Request for Proposals (RFP) for a mixed-use development assemblage at 2856-2870 Webster Avenue and 412 Bedford Park Boulevard, in Bedford Park. According to Curbed NY, the site could accommodate roughly 300 residential units, in addition to a 125-plus-key hotel and at least 12,000 square feet of retail. The site is located right above the Metro-North Railroad’s Botanical Garden station and currently consists of multiple low-rise commercial buildings. Proposal submissions are due on March 1, and the Garden is hoping to choose a developer before April.

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Articles by Reid Wilson

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