Articles by Reid Wilson

85 Jay Street

New Owners Buy High-Profile Mixed-Use Development Site at 85 Jay Street, DUMBO

Kushner Companies, LIVWRK, and the CIM Group have closed on the purchase, for $345 million, of the 135,000-square-foot development site at 85 Jay Street, in DUMBO. The full-block property, currently vacant, could accommodate up to 1.1-million square feet of mixed-use development, the New York Post reported. The new owners plan to develop the site within current zoning laws. A project “with mixed uses” is planned, although plans are very preliminary. It was reported earlier that the site could host as many as 1,000 residential units. The team is in the process of hiring architects and consultants.

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Marine Terrace

Second Building for 53-Unit Affordable Project Filed at 18-12 20th Avenue, Astoria

In late November, Related Companies filed applications for a four-story, 21-unit residential building at 19-14 20th Avenue, in the Ditmars section of Astoria. Now the developer has filed applications for a second building: a four-story, 32-unit residential structure, at 18-12 20th Avenue. All 53 of the new residential units will rent at below-market rates to veterans, with 20 percent set aside for homeless soldiers. Gran Kriegel Associates will be responsible for the architecture. Two single-story parking garages will have to be demolished for the new structures. Both buildings will be part of Related’s revamp of the seven-building, 444-unit Marine Terrace residential complex, which will get comprehensive renovation of its own.

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41-16 Haight Street

Four-Story, Five-Unit Mixed-Use Building Planned at 41-16 Haight Street, Flushing

A Queens-based property owner has filed applications for a four-story, five-unit mixed-use building at 41-16 Haight Street, in downtown Flushing. The project, measuring 7,180 square feet, will feature 1,780 square feet across the ground and cellar levels for a children’s daycare center, followed by five residential units on the second through fourth floors. The apartments should average 724 square feet apiece, indicative of rental units. Robert H. Lin’s Flushing-based A&T Engineering is the applicant of record. The 20-foot-wide, 2,000-square-foot lot is occupied by a two-story house. Demolition permits were filed in November.

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530 Exterior Street, rendering by Dattner Architects

13-Story, 157-Unit Affordable Residential Building Nears Topping Out at 530 Exterior Street, Mott Haven

Construction is now underway on the top floor of the 13-story, 157-unit residential building under development at 530 Exterior Street, in the South Bronx’s Mott Haven section. Progress can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the building will encompass 151,107 square feet and rise 120 feet to its main roof, not including bulkhead elements. The apartments should average 910 square feet apiece. All of them will rent at below-market rates through the affordable housing lottery. Monadnock Construction is the developer and Dattner Architects is the architect. Completion is anticipated in early 2018, although it appears the project is much ahead of schedule.

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305 Coles Street

New Renderings of Three-Building, 1,181-Unit Mixed-Use Project Approved at 305 Coles Street, Jersey City

New renderings have been revealed of the three-building, 1,181-unit mixed-use project at 305 Coles Street, in downtown Jersey City’s emerging SoHo West neighborhood, located just south of Hoboken. The project, approved by the city’s Planning Board in May, will encompass roughly 1.2 million square feet. Its tallest tower will rise 23 stories, while the others will stand between 14 and 16 stories. There will be 89,000 square feet of retail space, in addition to a 681-car parking garage, Jersey Digs reported. All of the apartments would be rentals, ranging from studios to three-bedrooms.

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