22-43 Jackson Avenue

11-Story Mixed-Use Condo Building Planned At 22-43 Jackson Avenue, Long Island City

1:00 pm on April 22, 2016 By Reid Wilson

In February of 2015, the property owners of the development site at 22-43 Jackson Avenue (a.k.a. 45-60 23rd Street), located in the Court Square section of Long Island City, placed the property on the market, asking $29 million. Now, Circle F Capital is in contract to acquire the site for nearly $25 million, according to The Real Deal. The developer is planning a 10- or 11-story mixed-use building, with condominium units and 25,000 square feet of retail space. The plot, which is currently occupied by a single-story office building, can accommodate up to 76,000 square feet of development potential. Demolition permits have not been filed for the existing building, nor have new building applications for the new one.

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480 Grand Avenue

12 Residential Units Planned on Church Property at 482 Grand Avenue, Clinton Hill

11:00 am on April 22, 2016 By Reid Wilson

The Mount Calvary United Holy Church at 482 Grand Avenue – in southern Clinton Hill, located two blocks from Clinton-Washington Avenues stop on the A/C trains – has filed applications to add two stories of apartments atop their 1,893-square-foot church, and to build a new four-story, eight-unit residential building on the vacant lot at 480 Grand Avenue. There will be four 751 square-foot apartments in the expansion above the church. The ground-up building will measure 5,708 square feet, with units measuring an average 713 square feet apiece. Bahram Tehrani’s Jamaica-based BTE Design Services is the architect of record.

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989 Sixth Avenue

Development Team Planning 80-Story Mixed-Use Tower Closer To 2020 At 989-993 Sixth Avenue, Midtown

10:00 am on April 22, 2016 By Reid Wilson

Back in December of 2015, it was reported that AB & Sons and Sioni Group were in contract to acquire 235,000 square feet of air rights (from the landmarked Haier Building) for their development assemblage at 989-993 Sixth Avenue, located on the corner of West 37th Street, in the Garment District section of Midtown. They have since closed on the purchase for an undisclosed amount, and now, the development team is planning a roughly 80-story mixed-use building, which could likely include retail space near the street level, a hotel, and residential units, according to The Real Deal. The site could boast up to 375,000 square feet of as-of-right development potential if the 21-story, 90,000-square-foot office building at 989-991 Sixth is demolished. The building reportedly won’t be demolished until at least 2019, probably due to existing leases. The corner lot at 993 Sixth Avenue is occupied by a partially built 18-story hotel project, which will also probably be demolished (it’s five stories in height).

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