Articles by Reid Wilson

Investors Assemble Development Site At 989-993 Sixth Avenue, Midtown

4:00 pm on December 9, 2015 By Reid Wilson

Isaac Chetrit and Ray Yadidi are in contract to acquire 235,000 square feet of air rights from the five-story former bank building at 1352-1362 Broadway, between West 36th and 37th Streets in Midtown. The price the investors are paying has not yet been disclosed. On the same block, they own the vacant lot – acquired this past fall – at 993 Sixth Avenue and the adjacent 21-story, 96,000 square-foot office building at 989-991 Sixth Avenue. Their assemblage amounts to a site with roughly 375,000 square feet of development rights, according to The Real Deal.

Reveal For Two-Story, 19,800 Square-Foot Retail Project At 205 Smith Street, Boerum Hill

3:00 pm on December 9, 2015 By Reid Wilson

Late in 2014, filings were submitted to expand the single-story, 9,916 square-foot commercial building at 205 Smith Street, in Boerum Hill, to 19,832 square feet, thanks to the addition of a second floor. Brownstoner now has a rendering the project, which will be entirely retail and reportedly the new home of a supermarket. Jackson Group, Aurora Capital Associates, and ACHS Management are developing, while Think Architecture & Design is the architect of record. A completion date has not yet been disclosed.

Filings Submitted For 24-Story, 62-Unit Condo Redevelopment At 100 Vandam Street, Hudson Square

2:00 pm on December 9, 2015 By Reid Wilson

Very early this year, YIMBY brought you renderings of Jeff Greene’s planned 24-story, 62-unit residential development at 100 Vandam Street, in Hudson Square, and now the developer has filed applications for the COOKFOX-designed project. The existing six-story, 55,300 square-foot former factory building will be expanded to 156,629 square feet via a 19-story vertical extension. Of the total square-footage, 2,311 square feet of space will be designated for ground-floor retail. Condos will average a spacious 2,457 square feet each, and a duplex penthouse unit will span the 23rd and 24th floors, according to the Schedule A. The Real Deal was the first to report on the filings.

Four-Story, Seven-Unit Residential Project Filed At 168-05 Depot Road, Broadway-Flushing

1:00 pm on December 9, 2015 By Reid Wilson

Flushing-based V&M Property Holdings has filed applications for a four-story, seven-unit residential building at 168-05 Depot Road, in Broadway-Flushing. That’s between Murray Hill and Auburndale, located four blocks from the neighborhood’s Long Island Rail Road station. The project will measure 5,916 square feet, which works out to units averaging 845 square feet apiece. Queens-based Gerald Caliendo is the architect of record. An existing two-story brick building must first be demolished.

Five-Story, Four-Unit Residential Building Coming To 316 12th Street, Park Slope

11:00 am on December 9, 2015 By Reid Wilson

Omri Bar-Mashiah has filed applications for a five-story, four-unit residential project at 316 12th Street, in southern Park Slope, four blocks from subway stops on the R, F, and G trains. Residential units will surely be condos, given they will average 1,233 square feet apiece in the 4,932 square-foot structure. The fifth-floor penthouse will be associated with the unit spanning the fourth floor. Woody Chen’s Elmhurst-based Infocus Design & Planning is the applicant of record. Demolition permits were recently filed for the two-story house presently occupying the site.

Four-Story, Five-Unit Residential Project Planned At 714 Jefferson Avenue, Bed-Stuy

10:00 am on December 9, 2015 By Reid Wilson

Omri Bar-Mashiah, doing business as an anonymous LLC, has filed applications for a four-story, five-unit residential building at 714 Jefferson Avenue, in eastern Bedford-Stuyvesant, located eight blocks north of the Utica Avenue A/C stop. The project will measure 4,872 square feet, which means units will average 974 square feet apiece. The unit on the fourth floor will also feature a fifth-floor penthouse, and Woody Chen’s Elmhurst-based Infocus Design & Planning is the applicant of record. The existing three-story townhouse was recently filed for demolition.

Townhouse Renovation & New-Construction Project Filed At 889 Cauldwell Avenue, Morrisania

6:00 am on December 9, 2015 By Reid Wilson

Yosef Yaakovzadeh, doing business as Green Builder’s NYC LLC, has filed applications for a three-story, two-unit residential building at 887 Cauldwell Avenue, in Morrisania. The new structure will measure 3,170 square feet in total, and the units will take on townhouse configurations, spanning through multiple floors. The developer also filed applications to renovate the existing three-story townhouse at 889 Cauldwell, which is situated on the same zoning lot. That will measure 2,715 square feet and will retain two residential units. Bakhtiar Shamloo’s Kew Gardens-based Tabriz Group Design is the architect of record.

12-Story, 38-Unit Condo Building Rising Again At 100 Norfolk Street, Lower East Side

4:00 pm on December 8, 2015 By Reid Wilson

This past summer, steel beam construction began on the 12-story, 38-unit condo building planned at 100 Norfolk Street, on the Lower East Side, but the project ended up stalling out for a number of months until crews recently were able to get back on site. The structure is now rising again and currently four stories up, courtesy of photos by Tectonic. The 53,949 square-foot structure includes 11,244 square feet of commercial space, which was marketed as two units. Five residential units remain for sale and completion is expected in late 2016. ODA Architecture is designing and Adam America Real Estate, Naveh Shuster Group, and Horizon Group are developing.

Foundation Work Underway For Seven-Story, 37-Unit Condo Project At 50 Clinton Street, Lower East Side

3:00 pm on December 8, 2015 By Reid Wilson

Early in 2014, YIMBY reported on applications for a seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side, and later that year, DHA Capital acquired the development site for $28 million. Bowery Boogie now reports foundation work is well underway, although construction has been temporarily halted by stop work orders. Issac & Stern Architects is designing the project, which will also include 1,836 square feet of ground-floor retail space. The residential units will be condos and will average 1,023 square feet apiece. All but eight are in contract and completion is scheduled for the second half of 2016.

Renovation Underway At Three-Story Mixed-Use Property At 61 Canal Street, Chinatown

2:00 pm on December 8, 2015 By Reid Wilson

Property owner Lily Wang is renovating the three-story mixed-use property at 61 Canal Street, in Chinatown, Bowery Boogie reports. The 8,856 square-foot building will retain the same square-footage, although its 2,143 square feet of ground-floor retail will receive a gut rehabilitation. The Cheng Chio Buddhist Temple occupies the upper two floors and will remain in the building after the renovation. Sugnam Chang’s Brooklyn-based Basic Groups Corp. is the applicant of record, and completion is expected in late 2016.

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Articles by Reid Wilson

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