East Village

Foundation Work Underway At Seven-Story, 160-Unit Mixed-Use Project At 500 & 524 East 14th Street, East Village

6:00 am on June 16, 2016 By Reid Wilson

Foundation work is well underway at the site of Extell Development’s seven-story, 160-unit mixed-use development at 500 East 14th Street and 524 East 14th Street, in the East Village. Rebar can now be seen sprouting from the ground, as seen in photos in a EV Grieve update. Once complete, a seven-story, 106-unit building, encompassing 181,713 square feet, will be situated on the corner of Avenue A. A seven-story, 54-unit mixed-use building, measuring 71,719 square feet, will stand down the street at 524 East 14th Street. Across both, there will be 45,407 square feet of commercial-retail space on the ground and cellar levels. The apartments above should average 1,215 square feet apiece, which suggests condominiums are in the works.

Six-Story, 82-Unit Steiner East Village Condos Top Out at 438 East 12th Street

1:00 pm on June 15, 2016 By Reid Wilson

Back in March, the six-story, 82-unit mixed-use building began to rise at the block-thru plot at 438 East 12th Street, in the East Village. The complex now appears to be topped out, according to photos by EV Grieve. Dubbed Steiner East Village, it is to encompass 151,943 square feet. That will include 8,376 square feet of ground-floor retail space and a 961-square-foot medical offices, also on the ground floor. Its 82 condominiums, averaging 1,315 square feet apiece, will come in one- to four-bedroom configurations. Amenities include a pool and spa, a gym, a library, a children’s playroom, a courtyard, and rooftop gardens. Douglas Steiner’s New Jersey-based Steiner Equities Group, doing business as their New York arm Steiner NYC, is the developer, while S9 Architecture is behind the design. Paris Forino is responsible for the interiors and Future Green Studio is the landscape designer. Completion can be expected in 2017.

85,000 Square-Foot, 300-Key MOXY Hotel Planned At 112-120 East 11th Street, East Village

2:00 pm on May 25, 2016 By Reid Wilson

This morning, we had hotel news for you. Now, we have more. In April, Lightstone Group acquired, for $127 million, a six-building, 181-unit residential portfolio for that comprises of 112-120 East 11th Street and 85 East 10th Street, in the East Village. The developer is currently planning to build a 85,000-square-foot, roughly 300-key boutique hotel at 112-120 East 11th Street, according to The Real Deal. Marriott International’s MOXY Hotels will be the operator. The five-story buildings at 112-120 East 11th Street currently contain 75 residential units across five buildings and are expected to be demolished. The other six-story, 106-unit building at 85 East 10th Street will remain and is expected to be sold off. The April acquisition was financed with an $85 million loan. The five apartment buildings at 112-120 East 11th Street represented $52.1 million, while the six story property at 85 East 10th Street traded for $75.4 million.

Developer Refiles for Six-Story, Six-Unit Residential Project at 253 East 7th Street Under New Architect, East Village

11:00 am on April 21, 2016 By Reid Wilson

Back in October of 2015, the four-story townhouse at 253 East 7th Street, in the East Village, was being demolished for a new residential project. Since then, demolition work has been completed, and the developer, BSD Realty, has refiled for applications under a different architect. Issac & Stern Architects is now designing the project, which will rise six stories and contain six residential units. The structure would measure 10,466 square feet and its units should average a spacious 1,498 square feet apiece, indicative of condominiums. There will be roughly one unit per floor, except a single apartment will share space with other units on the ground and second floors, and the sixth-floor unit will feature space on an upper penthouse level.

Six-Story, 82-Unit Mixed-Use Building Rises At 438 East 12th Street, East Village

10:00 am on March 8, 2016 By Reid Wilson

Last month, new renderings surfaced of the six-story, 82-unit mixed-use building under development at 438 East 12th Street, in the East Village, and now EV Grieve reports the East 12th Street-facing side of the structure is five stories above street level. The 151,943-square-foot project will eventually grow to reach the corner of East 11th Street and Avenue A. As reported, there will be 8,376 and 961 square feet of ground-floor retail and medical office space, and its 82 condominium units should average 1,315 square feet apiece. The varying unit configurations and amenities are listed in our previous post. Douglas Steiner is the developer, Perkins Eastman affiliate S9 Architecture is the design architect, and Paris Forino is designing the interiors. Completion is expected in 2017.

Six-Story, Six-Unit Condominium Project Tops Out At 64 East 1st Street, East Village

1:00 pm on February 24, 2016 By Reid Wilson

In April of 2014, YIMBY reported on applications for a six-story, six-unit residential building at 64 East 1st Street, in the East Village, and construction began began on the project in August of 2015. EV Grieve now reports the structure has topped out. It now stands 60 feet above street level and measures a total 14,884 square feet. Each floor will contain a single condominium, except the ground-floor unit will have to share the floor with the residential lobby, and the sixth-floor unit will actually be a duplex apartment featuring a seventh-floor penthouse and private terrace. On average, the units will measure 2,183 square feet apiece. Dubbed 64 East, GF55 Partners is the designing the project and MGM Property Group is developing it. Completion can probably be expected later this year.

13-Story, Five-Unit Mixed-Use Building Tops Out At 347 Bowery, East Village

11:00 am on February 10, 2016 By Reid Wilson

YIMBY first reported in early 2014 on filings for Urban Muse’s planned 13-story, five-unit mixed-use project at 347 Bowery, on the corner of East 3rd Street in the East Village. When we last checked in in November, the structure was eight stories above street level, and it has since topped out, EV Grieve reports. The building will eventually contain five three-bedroom condo units ranging between 2,100 and 4,000 square feet each. Within the two-story retail podium, there will be two 2,000 square-foot retail units and one 6,800 square-foot retail unit. Annabelle Selldorf is behind the project’s design, and completion can be expected sometime later this year.

First Look At Eight-Story, 114-Unit Mixed-Use Project At 435 East 13th Street, East Village

11:00 am on February 8, 2016 By Reid Wilson

In the final days of 2014, YIMBY reported on applications for an eight-story, 114-unit mixed-use building at 435 East 13th Street (a.k.a 432-438 East 14th Street), in the East Village, and nearly a year later, crews demolished the site’s old two-story post office building. Now, EV Grieve has the first glimpse of the project, which will encompass 135,186 square feet and two buildings, per the latest filings. Located on both ends of the block-thru parcel, each building will feature 8,700 square feet of ground-floor retail space. The residential units will average 769 square feet apiece and 20 percent of them will rent at below market-rates. Benenson Capital Partners and Mack Real Estate Group are developing, and SLCE Architects is designing the project. Completion is anticipated for early 2017.

New Renderings Of Six-Story, 82-Unit Mixed-Use Project Underway At 438 East 12th Street, East Village

6:30 am on February 3, 2016 By Reid Wilson

Last summer, excavation kicked off at 438 East 12th Street, in the East Village, where a six-story, 82-unit mixed-use building is under development by Douglas Steiner. Then in December, the developer secured a $130 million construction loan for the project. The Real Deal now reports the project has received approval from the Attorney General’s office, putting the valuation of the project’s 82 units at $215 million. When completed in 2017, the 151,943 square-foot building will have 8,376 and 961 square feet of ground-floor retail and medical offices, respectively. The units above will average 1,315 square feet apiece, and will come in one- to four-bedroom layouts. The amenities, located on the ground and cellar levels, will include a pool and spa, a gym, a library, and a children’s playroom, as well as courtyard and rooftop gardens. Perkins Eastman affiliate S9 Architecture is the designing architect and Paris Forino is designing the interiors.

Seven-Story, Five-Unit Residential Building Filed At 650 East 6th Street, East Village

4:00 pm on January 20, 2016 By Reid Wilson

Property owner Terry Martinolle, doing business as an anonymous LLC, has filed applications for a seven-story, five-unit residential building at 650 East 6th Street, located in the Alphabet City section of the East Village. The 8,491-square-foot project will include 7,761 square feet of residential space, which means units will average 1,552 square feet apiece, indicative of condominiums. A duplex apartment will occupy part of the ground floor and the entire second floor, the third through fifth floors will have one unit on each level, and a duplex unit will span the sixth floor and seventh-floor penthouse. Brooklyn-based RSVP Architecture Studio will be responsible for the design. An existing four-story, three-unit building must first be demolished.

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