Articles by Reid Wilson

New Proposal For WTC’s Performing Arts Center To Be Presented In Coming Weeks

8:30 am on October 30, 2015 By Reid Wilson

The Lower Manhattan Development Corp. will present their latest plans for the World Trade Center’s performing-arts center later this fall, according to The Wall Street Journal. The board previously abandoned Frank Gehry’s design and decided to limit the project’s above-grade construction costs to no more than $200 million. The latest plans now call for a three- to four-story building measuring roughly 80,000 square feet. The building would also include a 600- to 700-seat auditorium, a 200-seat theater, and a restaurant on the ground floor. The architect has not yet been named.

12-story, 58-Unit Residential & Retail Project Planned At 308 Mulberry Street, NoHo

6:30 am on October 30, 2015 By Reid Wilson

Broad Street Development has filed applications for a 12-story, 58-unit mixed-use building at 308 Mulberry Street, in NoHo, steps away from the 6, B, D, F, and M trains. The building will measure 103,372 square feet, and will include 11,041 square feet of retail space on the ground floor. Residential units will average a spacious 1,592 square feet, indicative of condominiums. Rawlings Architects is the architect of record, and the developer acquired the existing six-story building (with 298 Mulberry Street) for $178.5 million earlier this year.

Excavation Begins On 10-Story, 83-Unit Mixed-Use Project At 196 Orchard Street, Lower East Side

6:00 am on October 30, 2015 By Reid Wilson

Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.

Excavation Wraps Up At 701 Seventh Avenue, Site Of 39-Story, 452-Key Marriott Edition Hotel

3:00 pm on October 29, 2015 By Reid Wilson

Back in October of 2012, YIMBY broke news of plans for a significant hotel and retail tower at 701 Seventh Avenue, in Times Square, and now that excavation is nearly complete, foundation work is imminent on the 39-story, 452-key Marriott Edition, according to the New York Post. Dubbed 20 Times Square, the building will measure just under 270,000 square feet and will include 76,000 square feet of retail space. The retail base will also feature an 18,000 square-foot LED sign. Steven Witkoff, Ian Schrager, Winthrop Realty Trust, and Maefield Development are the developers, while PBDW Architects is designing. Completion is expected in 2017.

Seven Two-Family Residential Buildings Coming To 3530-3542 Mickle Avenue, Williamsbridge

2:00 pm on October 29, 2015 By Reid Wilson

Property owner Matthew Ahdoot, of TNE Buildings, has filed applications for seven two-family residential buildings spanning 3530-3542 Mickle Avenue, in Williamsbridge, located in the North Bronx. Each building will stand three stories tall and measure between 2,000 and 3,000 square feet, with units averaging 1,315 square feet across the entire development. Pirooz Soltanizadeh’s Jamaica-based Royal Engineering is the applicant of record.

Renderings Of 10-Story, 260,000 Square-Foot Office Conversion At 41 Flatbush Avenue, DoBro

12:00 pm on October 29, 2015 By Reid Wilson

Last March, Quinlan Development Group, along with Building & Land Technology, purchased the 10-story commercial building turned storage facility at 41 Flatbush Avenue, in Downtown Brooklyn, for $89.4 million, and now Commercial Observer has the first glimpse of the property’s planned office conversion. The building measures 260,866 square feet, and retail space will span the ground floor while offices will spread across the remainder. Interior spaces feature 13-foot-high, terra cotta-clad ceilings, and the exterior façade will be limestone. A rooftop deck is also indicated in the Schedule A, and Beyer Blinder Belle is the architect of record.

Four-Story, Five-Unit Residential Building Planned At 312 83rd Street, Bay Ridge

11:00 am on October 29, 2015 By Reid Wilson

Property owner Phillip Li has filed applications for a four-story, five-unit residential building at 312 83rd Street, in Bay Ridge, three blocks north of the 86th Street stop on the R train. The building will measure 4,183 square feet, and units will average 837 square feet, although one of the fourth-floor units will also feature a fifth-floor penthouse. Ying Li’s Sunset Park-based City Building NY Architect is the applicant of record, and an existing two-story townhouse must first be demolished.

Six-Unit Residential Conversion Of Three-Story Building At 327 East 84th Street, Yorkville

10:00 am on October 29, 2015 By Reid Wilson

Manhattan Residential has acquired the three-story commercial building at 327 East 84th Street, in Yorkville, for $11.8 million and plans to convert and expand the property into residential units, according to Commercial Observer. The building measures 11,583 square feet, but roughly 5,000 square feet of unused development rights exist. Five or six condominiums are planned, which would average roughly 2,000 to 3,000 square feet. Ariel Property Advisors brokered the deal.

Seven-Story, 95-Unit Mixed-Use Project Planned At 125 Metropolitan Avenue, Williamsburg

6:30 am on October 29, 2015 By Reid Wilson

Over a year ago, YIMBY reported on filings for a seven-story, 75-unit residential and retail development at 84 North 3rd Street, in northern Williamsburg. Now, Hudson Companies has landed $47 million in loans to acquire the land and to fund their development, which spans 84-94 North 3rd Street and 112-125 Metropolitan Avenue. The project will actually be two buildings totaling 95 residential units, with 20% set aside for affordable housing, according to Commercial Observer. One building will be six stories and the other seven, and 15,000 square feet of ground-floor retail is expected. Marvel Architects is designing, and ABS Partners Real Estate owns a 50% stake in the property. Completion is slated for late 2017.

990-Foot-Long S.S. United States Could Be Turned Into Office & Entertainment Complex, Red Hook

6:00 am on October 29, 2015 By Reid Wilson

John Quadrozzi Jr., owner of the Gowanus Bay Terminal, at 699 Columbia Street in Red Hook, is proposing to sail the deteriorating 990-foot-long S.S. United States to his dock and transform the ship into office space and entertainment facilities, according to The Brooklyn Paper. The vessel has 12 decks and roughly 500,000 square feet of usable floor space, and would be self-sustaining, energy-wise, using solar, wind, and waste energy. The project could cost as much as $200 million, and Quadrozzi is currently in discussions with developers, investors, and government officials.

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Articles by Reid Wilson

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