We’ve been telling you about plans for a 49-story, 122-unit residential tower at 131 East 47th Street, between Lexington and Third avenues in Midtown East, since mid-2015. Last month, those plans were officially filed with the Department of Buildings. Now, we have a new look at the project.
Stapleton, like much of Staten Island’s North Shore, was hit hard by abandonment and disinvestment in the ’70s and ’80s. But development has begun to pick up there in the last few years, sparked by a huge residential project under construction on a decommissioned naval base along the waterfront. Now, another new building is headed to neighborhood. Plans were filed last week for a five-story, mixed-use development at 84 Prospect Street, between Bay and Van Duzer streets.
In December of 2015, Nathan Berman’s MetroLoft Management purchased the leasehold on the 27-story, 473,000-square-foot office building at 20 Broad Street for $185 million from Vornado Realty Trust, with plans to convert the property into residential units. Now, the developer has filed applications for the project, which call for vertically expanding the building by six stories, or 38,098 square feet, to 33 floors. That would boost the structure’s height from 317 feet to 417 feet. There will be 521 residential units, measuring an average of 795 square feet apiece. The apartments will be rentals, and roughly 200 will be studios, with the rest ranging from one- to three-bedroom configurations.
The 30,102-square foot lot between 41-02 and 41-10 Crescent Street, under the permit address of 41-08 Crescent, has been cleared for construction of an 189-foot-tall, 17-story mixed-use residential and hotel project. It is being developed by Forte Italia LLC, with Bayside-based Park Side Construction Builders serving as the general contractor. Dan Ionescu Architects is in charge of the design. The site is owned by Flushing-based TPEC Management. Completion is anticipated in 2020.
The New York City Economic Development Corporation (NYCEDC), with the Department of Education and the Department of Housing Preservation & Development (HPD), is preparing to launch a Request for Proposals (RFP) for the L-shaped development site at 131 Livingston Street (a.k.a. 409 Red Hook Lane), in Downtown Brooklyn. The property would be ground-leased to a development team for 99 years and redeveloped, according to the Brooklyn Paper. The site could accommodate a mix of residential units, office space or retail, though the city will likely require the winning team to build a 500- to 700-seat public school. The lot is currently occupied by a six-story office building that houses various city-level government agencies, and it will likely end up getting demolished.
