Articles by Reid Wilson

Work Nears Finish Line at 5 Franklin Place in Tribeca

6:00 am on October 8, 2015 By Reid Wilson

The development saga at 5 Franklin Place is finally reaching its conclusion, and since YIMBY’s last update on the project from September of 2014, progress has been significant. The latest photos from Tectonic show that cladding and window installation are both complete, although interior work appears to be ongoing. The site had several conceptual designs before it was acquired by El Ad Group after the recession, and ODA designed the final product, which stands 20 stories tall and has 53 condominiums.

Development Site At 677-685 Lexington Avenue Hits The Market, Midtown East

3:00 pm on October 7, 2015 By Reid Wilson

Meringoff Properties and the Riese Organization are placing the low-rise commercial properties spanning 677-685 Lexington Avenue on the market, according to The Wall Street Journal. The assemblage, in Midtown East at East 56th Street, boasts roughly 115,000 square feet, and is primed for a residential or hotel development. Eastern Consolidated is marketing the properties, which include a two-story corner building and five-story commercial structure, whose leases expire shortly.

10 Hudson Yards Celebrates Last Concrete Pour, 52-Story Office Building In Hudson Yards

2:00 pm on October 7, 2015 By Reid Wilson

In late July, YIMBY brought you a construction update on 10 Hudson Yards, the first of Related and Oxford Properties’ planned Hudson Yards towers. Today, the team will celebrate the topping-out of the 52-story, 1.7-million square-foot building, which will stand 905 feet to its pinnacle. Coach, Inc., L’Oréal USA, SAP, and Vayner Media have all leased space, bringing the tower to 85% occupancy. The skyscraper will officially open to tenants in early 2016.

Nine-Story, 47-Unit Mixed-Use Building Complete At 41-07 Crescent Street, Long Island City

12:30 pm on October 7, 2015 By Reid Wilson

This past summer, construction was wrapping up on Ranger Properties’ nine-story, 48-unit mixed-use building at 41-07 Crescent Street, in Long Island City, and now The Court Square Blog brings news the building is complete. As previously reported, the building contains 4,000 square feet of ground-floor retail space, and Fogarty Finger is the architect. Scaffolding has been removed, meaning opening is likely imminent.

Two Single-Family Homes Coming To 226 Gansevoort Boulevard, Staten Island

11:00 am on October 7, 2015 By Reid Wilson

SI Northshore Enterprises has filed applications for two two-story, single-family homes on the block-through lot at 226-228 Gansevoort Boulevard, in Manor Heights, located centrally on Staten Island. The entire development will measure 3,927 square feet, which means each home will average 1,963 square feet. Staten Island-based Calvanico Associates is the architect of record, and an existing single-family home must first be demolished.

Single-Story, 11,500 Square-Foot Commercial Project Planned At 1217 East 233rd Street, Edenwald

10:00 am on October 7, 2015 By Reid Wilson

Rego Park-based Borough Realty Holdings has filed applications for a single-story, 11,422 square-foot commercial development at 3917-3919 Baychester Avenue and 1217-1223 East 233rd Street, in the North Bronx neighborhood of Edenwald. The project is being broken up into six small buildings, and though the type of commercial space is not specified in filings, retail or offices are likely. Iljoong Kim’s Flushing-based Choi Design is the applicant of record, and permits were filed last February to remove an existing gas station on the site.

Loan Acquired, Foundation Complete At 520 West 30th Street, 28-Story Mixed-Use Project

6:30 am on October 7, 2015 By Reid Wilson

YIMBY revealed the final design towards the end of last year for the 28-story, 174-unit mixed-use tower planned at 520 West 30th Street, in Midtown West, and now the project is well underway. Related has landed $200 million in loans, according to Commercial Observer, and the building has been under construction since the summer, with foundation work now nearly complete. An 11,500 square-foot retail component will span the ground floor, and Ismael Leyva is the architect of record.

10-Story, 27-Unit Residential Conversion At 11 Beach Street Over 50% Sold, Tribeca

6:00 am on October 7, 2015 By Reid Wilson

Towards the end of last summer, the office-to-residential conversion of a 10-story building at 11 Beach Street, in Tribeca, was well underway. Now, YIMBY can share some additional renderings of the project, which has hit the 50% sold mark. The building’s 27 condominiums range from three to five bedrooms, and Thomas Juul-Hansen is designing the interiors. Amenities include a fitness center, children’s playroom, and a rooftop garden. HFZ Capital Group is developing, BKSK Architects is the design architect, and completion is expected in 2016.

Construction Underway At 2269 First Avenue, Nine-Story, 90-Unit Redevelopment, East Harlem

5:00 pm on October 6, 2015 By Reid Wilson

In May of 2014, YIMBY revealed renderings of the mixed-use redevelopment of the dilapidated five-story former school building at 2269 First Avenue in the East Village, and now construction is underway, per Harlem+Bespoke. The existing 69,093 square foot building will be expanded by 25,000 square feet and four stories, and will contain 90 residential units and 3,995 square feet of ground-floor retail space once complete. Acuity Capital Partners is developing, and Issac & Stern Architects is designing.

Four-Story, Four-Unit Residential Building Coming To 1089 Dekalb Avenue, Bed-Stuy

4:00 pm on October 6, 2015 By Reid Wilson

Ocean Hill-based Yossef Koral has filed applications for a four-story, four-unit residential building at 1089 Dekalb Avenue, in eastern Bedford-Stuyvesant, two blocks from the J train’s Kosciuszko Street stop. After an existing 2.5-story townhouse is demolished, the new building will measure 3,649 square feet, which means the full-floor units will average a relatively generous 912 square feet apiece. Flavio Barros’ Long Island City-based CB Engineering is the applicant of record.

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Articles by Reid Wilson

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