Articles by Reid Wilson

Financing Secured For 364-Key Hotel Project At Port Imperial Ferry Terminal, Weehawken

2:00 pm on November 13, 2015 By Reid Wilson

Roseland, a branch of Mack-Cali Realty Corporation, has landed $94 million to build a 364-key hotel development at 500 Avenue At Port Imperial, in Weehawken, New Jersey. According to Real Estate Weekly, the project will include a 210-key Renaissance hotel and a separate 154-key Residence Inn, both to be operated by Marriott. The hotel will be built atop an existing multi-level parking garage, and 15,000 square feet of outdoor space is planned on the sixth floor. Completion is expected near the end of 2017.

Seven-Story, 150-Unit Mixed-Use Project At 315 South Harrison Street Lands Financing, East Orange

1:00 pm on November 13, 2015 By Reid Wilson

Newark, New Jersey-based Blackstone 360 has secured $43.5 million in financing for their planned seven-story, 105-unit mixed-use project at 315 South Harrison Street, in East Orange, New Jersey. The building will be rentals and includes 30,000 square feet of ground-floor commercial space. Unfortunately, the structure will take on a tower-in-the-park configuration, per renderings by the developer. According to Real Estate Weekly, the financing will also be used to purchase Indigo 141, a 12-story, 105-unit apartment building a few blocks away at 141 South Harrison.

Renderings Of Brooklyn War Memorial & Cadman Plaza Park Renovations, Brooklyn

11:30 am on November 13, 2015 By Reid Wilson

Earlier this year, Curbed posted renderings of a proposal to renovate and reposition Downtown Brooklyn’s parks and public spaces, dubbed the Brooklyn Strand. And this week, Brooklyn Borough President Eric Adams revealed parts of the project, which includes renovating the long-vacant, 27,600 square-foot Brooklyn War Memorial in Cadman Park Plaza. The plan also features a landscaped platform over the Brooklyn Bridge’s off-ramps to the park’s northern end. The Downtown Brooklyn Partnership and the Cadman Park Conservancy are involved, and WXY Architecture is designing.

Construction Complete On Five-Story, Five-Unit Townhouse Project At 55 Pearl Street, Dumbo

10:00 am on November 13, 2015 By Reid Wilson

Earlier this year, Brownstoner reported that construction was finishing up at Alloy Development’s five-story, five-unit residential project at 55 Pearl Street, in Dumbo, and now Dezeen has the latest photos of the completed building. The structure is actually broken up into individual, 18-foot-wide townhouse units, each measuring 3,500 square feet. The façade is made of concrete, wood, metal and glass, and the project reportedly sold out in 2013.

New Owners Plan Office Conversion Of Nine-Story Industrial Building At 47 Hall Street, Clinton Hill

6:30 am on November 13, 2015 By Reid Wilson

RXR Realty and Westbrook Partners are in contract to purchase the nine-story, 700,000 square-foot former industrial building at 47 Hall Street, in northern Clinton Hill, for more than $160 million, Crain’s reports. Parts of the building are currently rented out as art studios and creative offices, but the eventual new owners plan to convert the structure into modern creative offices; renovations include ground-floor reconfigurations and new outdoor terraces. Landlord Ruby Schron and the Fruchthandler family are the current owners.

32-story, 384-Unit Mixed-Use Project Rises To 24th Floor At 286 Ashland Place, DoBro

6:00 am on November 13, 2015 By Reid Wilson

YIMBY brought you a construction update two months ago on the 32-story, 384-unit mixed-use building going up at 286 Ashland Place, in Downtown Brooklyn, which stood just 12 stories tall at the time. Since then, the structure has doubled to 24 stories, courtesy of a YIMBY reader’s photo, and façade installation has also begun. As previously reported, the building will will include significant retail and community spaces, and 20% of the units will be set aside as affordable. Two Trees is developing, TEN Arquitectos is designing, and completion is expected in August of 2016.

17-Story, 43-Unit Residential Building Tops Out At 20 East End Avenue, Upper East Side

4:00 pm on November 12, 2015 By Reid Wilson

Earlier this year, construction kicked off on the 17-story, 43-unit residential building planned at 20 East End Avenue, between East 80th and 81st Street on the Upper East Side, and now the structure has topped out, per photos by Tectonic. Residential units will average just under 3,300 square feet apiece, ranging from two- to six-bedroom configurations. Installation of the brick façade is now underway above the second floor, and the bottom two floors will eventually be clad in limestone. Corigin Real Estate Group is developing, Robert A.M. Stern Architects is designing, and completion is expected next year.

11-Story, 31-Unit Residential Project Rises At 522 West 29th Street, West Chelsea

2:30 pm on November 12, 2015 By Reid Wilson

Earlier this year, BBC News profiled Soo Chan, of Singapore-based SCDA Architects, which included news on his West Chelsea project at 522 West 29th Street, an 11-story, 31-unit luxury residential project. That building is now on the rise, courtesy of Tectonic, with concrete being poured for the third floor. According to BBC, 16 condominiums will feature private swimming pools, and a small 906 square-foot restaurant will be located on the ground floor. Siras Oriel Development is behind the project, and completion is expected towards the end of 2016.

Six-Story, Two-Unit Residential Project Gets Façade At 327 East 9th Street, East Village

1:00 pm on November 12, 2015 By Reid Wilson

Icon Realty’s six-story, two-unit residential building under construction at 327 East 9th Street, in the East Village, is now receiving its façade, per EV Grieve, after a long three years of construction. The project topped out earlier this year and measures its full 7,200 square feet. According to the Schedule A, units should measure roughly the same area. Issac & Stern Architects is behind the design.

Mixed-Use Development Planned At 42-25 Queens Boulevard, Sunnyside

11:00 am on November 12, 2015 By Reid Wilson

Astoria-based landlord John Ciafone is planning to construct a mixed-use development at 42-15 – 42-25 Queens Boulevard, in Sunnyside, according to DNAinfo. The site is located just three blocks from the 7 train’s stop at 40th Street. The project would include commercial and/or community space on the ground floor, and residential units above, some of which may be designated affordable. Existing single-story buildings must first be demolished; a pub as well as a cinema have already vacated their spaces.

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Articles by Reid Wilson

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