Articles by Reid Wilson

Redevelopment Of Six-Story Warehouse At 517 West 29th Street Planned, Chelsea

10:00 am on October 28, 2015 By Reid Wilson

Six Sigma is in contract to purchase the six-story commercial building at 517-523 West 29th Street, in West Chelsea, for $54 million, and plans to redevelop the property. The existing building is being used as a self-storage facility and measures 55,000 square feet, although the site carries 19,000 square feet of unused development rights. The exact details on the redevelopment have not been disclosed, per The Real Deal.

Three-Story, 165,000 Square-Foot Building At 170 53rd Street Getting Repositioned, Sunset Park

4:00 pm on October 27, 2015 By Reid Wilson

AP&G Company is planning to reposition the three-story, 165,000 square-foot manufacturing building at 170 53rd Street, in Sunset Park, located three blocks west of the R train’s stop at 53rd Street. The company will be vacating the building in order to relocate, and plans to market the renovated property to commercial or manufacturing tenants. The building features 20-foot-high ceilings and a unique 50-foot glass atrium.

Four-Story, Seven-Unit Residential Project Planned At 462 Seneca Avenue, Ridgewood

3:00 pm on October 27, 2015 By Reid Wilson

Property owner Jack Landau, doing business as an anonymous LLC, has filed applications for a four-story, seven-unit residential building at 462 Seneca Avenue, in western Ridgewood, five blocks from the L train’s stop at Dekalb and Wyckoff Avenues. The building will measure 4,995 square feet in total, which means units will average 714 square feet, indicative of rentals. Brooklyn-based Barry Goldsmith is the architect of record, and permits were filed earlier this month to demolish an existing two-story townhouse.

Six Semi-Detached, Single-Family Townhouses Coming To 150 Lily Pond Avenue, Arrochar

2:00 pm on October 27, 2015 By Reid Wilson

Alexander Grinberg, operating as an anonymous LLC, has filed applications for six single-family, semi-detached townhouses spanning 150-160 Lily Pond Avenue, in Arrochar, located two blocks south of the Verrazano-Narrows Bridge. The entire development will measure 6,528 square feet in residential space, and each home will stand three stories and measure 1,088 square feet. Staten Island-based Calvanico Associates is the architect of record, and permits were filed in July to demolish an existing single-story nursing home.

Six-Story, 20-Unit Condo Conversion At 36 Bleecker Street Unveiled, NoHo

1:00 pm on October 27, 2015 By Reid Wilson

Two years ago, Stillman Development International began converting the six-story former factory building at 36 Bleecker Street, in NoHo, into a residential property fit with 20 condominium units, and now the completed building has been unveiled, per Curbed. The building measures 60,418 square feet in residential space, and condo units range from one- to four-bedroom configurations. All but one unit is in contract. Morris Adjmi served as the architect of record.

Developer Acquires 993 Sixth Avenue, Approvals For 18-Story, 122-Key Hotel, Midtown

12:00 pm on October 27, 2015 By Reid Wilson

Empire Hotel Group has sold the development site at 993 Sixth Avenue, between West 36th and 37th Street, in Midtown, to an anonymous LLC for $54.3 million. Permits have been approved since 2014 for an 18-story, 122-key hotel, which would measure 44,330 square feet. Edgar Rawlings’ Lower Manhattan-based Rawlings Architects is the architect of record. The site’s two-story predecessor was demolished late in 2014 and the property currently sits vacant. [The Real Deal]

Six-Story, Six-Unit Residential Project Rises At 64 East 1st Street, East Village

11:00 am on October 27, 2015 By Reid Wilson

Last summer, construction kicked off at 64 East 1st Street, in the East Village, where MGM Property Group and Ekstein Development are building a six-story, six-unit residential building, and now steel-frame construction is up to the third floor, according to EV Grieve. The full-floor condominiums, which average 2,185 square feet, will have two-bedroom configurations and outdoor terraces. GF55 Partners is designing, and completion is expected in 2016.

Reveal For Conversion Of Eight-Story Correctional Facility At 550 West 20th Street, West Chelsea

10:00 am on October 27, 2015 By Reid Wilson

Back in February of 2014, a number of developers toured the former Bayview Correctional Facility, an eight-story, 100,000 square-foot complex, at 550 West 20th Street, in West Chelsea, after the city issued a request for proposals just months earlier. Now, Empire State Development has awarded NoVo Foundation a 99-year lease to redevelop the property, according to Commercial Observer. NoVo Foundations and the Goren Group plan to transform the building into the Women’s Building, which will house a women’s rights organization. The project will include community space, art installations, and a restaurant.

Developers Now Plan 11-Story, 44-Unit Condo Project At 275 Fourth Avenue, Park Slope

6:30 am on October 27, 2015 By Reid Wilson

Late last winter, Slate Property Group and Adam America Real Estate began excavation on their planned 11-story, 78-unit rental building at 275 Fourth Avenue/251 1st Street, in Park Slope, located four blocks south of the Union Street stop on the R train. But now, the developers are turning the residential project into 44 condominiums. Ground-floor retail and health care spaces are still planned, which will measure 4,476 and 300 square feet, respectively. ODA Architecture is designing, and sales are expected to launch in early 2016.

Expansion Tops Out At 19-Story, 140-Unit Extended-Stay Hotel At 84 William Street, Financial District

6:00 am on October 27, 2015 By Reid Wilson

Korman Communities, Shorewood Real Estate Group, and Prodigy Network have recently topped out their 19-story, 140-unit extended-stay hotel building at 84 William Street, in the Financial District, courtesy of a YIMBY reader. The AKA brand will manage the building, and guest suites will range from a few hundred square feet to 1,000 square feet. In addition to the hotel lobby, retail space and a restaurant will be located on the ground floor. Asfour Guzy Architects is designing, and completion can probably be expected in early 2016.

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Articles by Reid Wilson

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