Articles by Reid Wilson

Four-Story Self-Storage Facility Coming To 45-26 51st Street, Sunnyside

4:00 pm on October 26, 2015 By Reid Wilson

James Coakley, doing business as an anonymous LLC, has filed applications for a four-story, 65,900 square-foot self storage facility at 45-26 51st Street, in Sunnyside, two blocks south of the 7 train’s stop at 52nd Street. The building will have 34,141 square feet of commercial space for rentable storage use. Virginia-based Butz Wilbern, LTD, is the applicant of record, and an existing single-story warehouse building must first be demolished.

Three-Story, Six-Unit Residential Project Planned At 209 McKinley Avenue, Cypress Hills

3:00 pm on October 26, 2015 By Reid Wilson

Brooklyn-based S R Builders has filed applications for a three-story, six-unit residential building at 209 McKinley Avenue, in eastern Cypress Hills, located five blocks from the Grant Avenue stop on the A train. The building will measure 6,080 square feet, which means units will average a relatively spacious 1,013 square feet. Arnold Montag’s Great Neck-based AM/PM Design is the architect of record, and the site’s former two-story wood-frame building was demolished back in 2008.

Eight-Story, 44-Unit Mixed-Use Building Now Rising At 100 Avenue A, East Village

2:00 pm on October 26, 2015 By Reid Wilson

In the beginning of September, concrete and rebar rose from the ground at 100 Avenue A, in the East Village, where Ben Shaoul initially planned a six-story, 29-unit residential building with retail space. EV Grieve points out the building has climbed to an unexpected seventh floor, and, per the DOB, an eighth floor is on the way. The building will now contain 44 residential units, averaging 735 square feet, and Blink Fitness is expected to take 12,000 square feet on the ground floor. Issac & Stern Architects have designed the project, and completion is expected next year.

First Two Affordable Buildings Top-Out At Greenpoint Landing

1:00 pm on October 26, 2015 By Reid Wilson

Toward the end of last spring, YIMBY brought you a construction update on the first two affordable housing components for the 5,500-unit Greenpoint Landing megaproject, in northern Greenpoint along the waterfront. At the time, foundation work was underway at 33 Eagle Street, where a seven-story, 98-unit residential building is planned, and now the building appears to have topped out, per Brownstoner.

Nine-Story Building At 5 East 59th Street Getting Office & Retail Conversion, Midtown

12:00 pm on October 26, 2015 By Reid Wilson

GreenOak Real Estate and Capstone Equities are transforming the nine-story, 40,000 square-foot former Playboy Club building at 5 East 59th Street, right around the corner from Central Park, into an eight-story structure fitted for a single commercial tenant, according to Commercial Observer. The building will feature retail and showroom space on the lower levels, and office space on the upper floors. The property was purchased for $85 million over the summer, and Newmark Grub Knight Frank are marketing the building’s lease.

Mixed-Use Renovation Planned For Landmarked 4.5-Story Building At 109 Gates Avenue, Clinton Hill

11:00 am on October 26, 2015 By Reid Wilson

The neglected 4.5-story building at 109 Gates Avenue, in southern Clinton Hill, has been acquired by an unknown buyer for $2.9 million, according to Brownstoner. The buyer reportedly plans to renovate the landmarked building into luxury rental apartments, with a retail unit on the ground floor. Back in 2003, the LPC approved a restoration of the building to its current state, the first renovation since 1908.

Four-Story, Six-Unit Residential Building Filed At 727 Lafayette Avenue, Bedford-Stuyvesant

10:00 am on October 26, 2015 By Reid Wilson

Property owner Cyrous Akhavan has filed applications for a four-story, six-unit residential building at 727 Lafayette Avenue, in central Bedford-Stuyvesant, three blocks east of the G train’s stop at Nostrand Avenue. The building will measure 5,000 square feet, which means units will average 833 square feet. Russell Dance’s Queens-based RLD3 Engineering is the applicant of record, and the site’s dilapidated two-story predecessor was demolished late last year.

Three-Story, Two-Unit Mixed-Use Building Planned At 43-50 162nd Street, East Flushing

8:00 am on October 26, 2015 By Reid Wilson

Henry Cheng, head of 162 Realty Management LLC, has filed applications for a three-story, two-unit mixed-use building at 43-50 162nd Street, in East Flushing, located four blocks from the Broadway station on the LIRR. The building will measure 7,240 square feet, which includes 1,079 and 1,811 square feet of community and retail space, respectively, on the ground floor. On the second and third floors, two full-floor residential units will average a spacious 2,175 square feet. Flushing-based Thee Shiun Ken is the applicant of record, and the site’s two-story predecessor was demolished over the summer.

Port Authority Approves Multi-Billion-Dollar Redevelopment of Midtown Bus Terminal

6:30 am on October 26, 2015 By Reid Wilson

The Port Authority has approved a multi-billion-dollar plan to replace the Port Authority Bus Terminal between 8th and 9th Avenues and West 40th and 41st Streets, in Midtown West, according to the New York Post. The project will cost between $7 and $10 billion dollars, and funding will come from the sale of air rights, residential units, and commercial spaces. A design competition is expected to be held, and a team will be chosen by September of 2016.

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

6:00 am on October 26, 2015 By Reid Wilson

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.

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Articles by Reid Wilson

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