A year ago, Lalezarian Properties put a pair of four-story buildings on Charlton Street in Hudson Square on the market for $50 million. No one paid that hefty price, and now principal Kevin Lalezarian has decided to develop the site between Hudson and Greenwich Streets himself.
Two turn-of-the-century apartment buildings at 230 and 232 East 54th Street may bite the dust for a 22-story residential project. New building applications were filed yesterday to erect a 237-foot-tall building at 232 East 54th Street, between Second and Third Avenues in Midtown East.
Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.
YIMBY has chronicled the slow evolution of ABN Realty’s 21-story, 24-unit residential project at 19 Park Place, in Tribeca, since the summer of 2013, and now a YIMBY reader has shared photos of the topped-out structure. The façade can also be seen rising skyward, and each condominium will feature a relatively prominent circular balcony. The 25-foot-wide building is being designed by Ismael Leyva, and extends through the block. Completion is likely by early 2016.
In August of 2014, YIMBY revealed renderings of Fortuna Realty’s planned luxury hotel building at 1150 Sixth Avenue, in Midtown between West 44th and 45th Streets, and now the developer has filed applications for the project. The 38-story, 310-key hotel will stand 415 feet tall and measure 138,458 square feet. Hotel rooms will average 447 square feet and begin on the fourth floor. The lobby, a lounge, spa, restaurant, ballroom, and meeting spaces will all be located on the lower levels. Ismael Leyva is the architect of record, and permits were filed last May to demolish an eight-story building.