Articles by Reid Wilson

Fortis Planning 820-Unit, Multi-Tower Redevelopment of LICH Complex, Cobble Hill

6:00 am on May 20, 2015 By Reid Wilson

Fortis Property Group, the owner of the Long Island College Hospital complex at 339 Hicks Street, in Cobble Hill, has proposed redeveloping the properties into 820 residential units, retail, and a medical treatment center, per Curbed. The 1 million square-foot-plus project includes 16-, 20-, 30- and 40-story towers, as well as seven new townhouses, and would require ULURP approval. A large amount of park space is also included, and FXFOWLE is designing.

Construction Imminent For 63-Unit Phase II Of The Pearl, Edgewater, New Jersey

4:30 pm on May 19, 2015 By Reid Wilson

National Resources has received $12.5 million in financing from CIT Real Estate Finance to begin construction of Phase II of The Pearl, on the southern end of Edgewater, New Jersey. Given what has already been built, three residential buildings of five or six stories are likely in the works; phase II will total 63 residential units, per Commercial Observer.

Conversion of Building 78 Into Animal Facility Begins At JFK Airport, Queens

2:30 pm on May 19, 2015 By Reid Wilson

Racebrook Capital has begun construction of the nearly 200,000 square-foot animal transportation facility, dubbed “The Ark”, at John F. Kennedy International Airport, in Queens, per the Commercial Observer. Abandoned Building 78 is being converted into the facility, and Gensler, along with other partners, is designing. The $48 million project is expected to open in late 2016.

Four-Story Residential Development Filed For 1520 48th Street, Borough Park

1:00 pm on May 19, 2015 By Reid Wilson

Property owner Jack Schwartz has filed applications for two four-story, four-unit residential buildings spanning the vacant lots 1520-1522 48th Street, in central Borough Park. AA Buildings & Inspection Services, the concrete contractor, is the architect of record, and in 2009, a three-story residential structure was demolished.

Five-Story Loft Building Converted To Eight Units At 60 White Street, Tribeca

11:30 am on May 19, 2015 By Reid Wilson

Per The New York Times, Sorgente Group is converting the five-story commercial loft building at 60-66 White Street, in Tribeca, into eight luxury units. Interior work is underway, and the building will be renovated to environmentally friendly standards. Multiple units are already in contract, and completion is expected by 2016.

Nine-Story Mixed-Use Development Filed for 172-02 Hillside Avenue, Jamaica

10:00 am on May 19, 2015 By Reid Wilson

Property owner Ben Kaftari has filed applications for a nine-story, 50-unit mixed-use building at 172-02 Hillside Avenue, in Downtown Jamaica. The building will measure 57,750 square feet, with roughly 6,410 square feet counting towards community space, and another 4,400 square feet for commercial-retail. Frank Denner is designing, and an existing single-story auto-shop structure must first be removed.

10-Story Office Building Across From Nordstrom Tower Acquired for $213.8 Million

6:30 am on May 19, 2015 By Reid Wilson

Eretz Group has acquired the 10-story, 170,000 square-foot office and retail building at 224 West 57th Street — across from Extell’s planned Nordstrom Tower, in Midtown — for $213.8 million. The building is landmarked, and after being acquired for $85 million in 2010, it underwent a $50 million renovation designed by Tirmizi Campbell. Per The Real Deal, the non-profit Open Society Foundations currently leases a majority of the building.

Seven-Story, 42-Unit Condo Project Coming to 46-20 11th Street, Long Island City

6:00 am on May 19, 2015 By Reid Wilson

“11th Street Condominiums LLC” has filed applications for a seven-story, 42-unit residential building spanning the lots of 46-14 – 46-20 11th Street, in Long Island City. The project will total 40,035 square feet of residential space, and if the LLC’s name hints anything, condominiums will average roughly 950 square feet. Raymond Chan is designing, and an existing two-story warehouse must first be removed.

Four-Unit Mixed-Use Project Filed For 210 Corson Avenue, St. George

4:00 pm on May 18, 2015 By Reid Wilson

Property owner Arne Mattsson has filed applications for a three-story, four-unit mixed-use building at the vacant lot at 210 Corson Avenue, in St. George on Staten Island. The building will measure nearly 3,500 square feet, and retail space on the first floor will span 1,160 square feet. Frank Vaccaro Architects and Engineers is designing.

Six-Story, 12-Unit Residential Building Planned For 170-19 89th Avenue, Jamaica

3:00 pm on May 18, 2015 By Reid Wilson

Property owner Lakhi Zoria, head of Zoria Construction, has filed applications for a six-story, 12-unit residential building for the vacant lot at 170-19 89th Avenue, in Downtown Jamaica. Anand Solanki is designing the project, and the site’s former two-story building was demolished in 2012.

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Articles by Reid Wilson

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