The Calicchio family is marketing the five-story, 41,000 square-foot parking garage at 56 North Moore Street, in Tribeca, as a redevelopment site for $88 million. The property comes with an additional 3,000 square feet of air rights, per The Real Deal, and the garage would probably be converted into luxury residential units. Avison Young is marketing the property.
The 29-story, 470,500 square-foot office building dubbed 7 Bryant Park at 1045 6th Avenue, in Midtown, is wrapping up construction, per The Wall Street Journal. Exterior cladding is complete, and interior modeling is underway to accommodate the building’s owner, The Bank of China Ltd., which paid nearly $600 million for the Pei Cobb Freed & Partners-designed building in 2014. Construction began in 2013, and Hines and Pacolet Milliken Enterprises served as the tower’s developers.
Cape Advisors has acquired an assemblage of six buildings on West Broadway between Warren and Murray Streets, in Tribeca, for $50 million. The new owner is planning to demolish the existing properties for a condominium building measuring 46,000 square feet. Cushman & Wakefield marketed the property, and the deal broke $1,000 per square-foot, per Crain’s Business.
Abraham Strulovitch had originally filed applications in December, during the building code crunch, for a residential project at 3707 Blackstone Avenue, in the more built-up southern portion of Riverdale. Amendments to the plan now call for an eight-story, 68-unit residential building measuring 40,520 square feet, which will span 3707-3719 Blackstone Avenue and 620 West 238th Street. The average unit will fall just short of 600 square feet, likely indicating rentals, and Shahriar Afshari is designing. The site has been rid of its two-story predecessor, which sat dilapidated until its demise in 2014.
Marin Management Corp. has filed applications at 1647-1651 1st Avenue, in Yorkville, for a 15-story, 38-unit mixed-use building measuring nearly 59,500 square feet. The retail component will take up 1,780 square feet, and DJ Associates Architect is designing. The assemblage includes three four- and five-story tenement buildings on the corner of East 86th Street, and demolition permits have not been filed yet.
