Manhattan

Rezoning Process Begins For Harlem’s Lenox Terrace Tower-In-The-Park Complex

3:00 pm on June 5, 2015 By Reid Wilson

The Olnick Organization has filed pre-applications with the city, beginning the ULURP process that would rezone Lenox Terrace, a tower-in-the-park development bound by West 132nd and 135th Streets, and Malcolm X Boulevard and 5th Avenue in central Harlem. According to DNAinfo, the complex has six 17-story towers, which make up 1,700 residential units, and nearly 96,600 square feet of commercial space is located within perimeter low-rise buildings.

Large Development Assemblage At 143 East 60th Street Placed On Market, Midtown East

10:00 am on June 5, 2015 By Reid Wilson

World Wide Group has placed an assemblage of buildings, spanning 143-161 East 60th Street, in Midtown East, on the market as a development site for what is being valued north of $300 million, according to Crain’s Business. Six buildings are included in the assemblage, most being townhouses in the four- and five-story range, but an 11-story building exists at No. 155. A 280,000 square-foot residential and retail building could be built, but the tower could be even larger if a developer chooses to satisfy the inclusionary housing bonus.

Planned 47-Story Office Building At 425 Park Avenue Receives Financing, Midtown East

2:00 pm on June 4, 2015 By Reid Wilson

L&L Holdings and GreenOak Real Estate have landed a $556 million construction loan for their 47-story, 893-foot-tall office building planned at 425 Park Avenue, in Midtown East. The developers are expanding the existing 32-story building office building to accommodate 670,000 square feet of modern office space. Partial demolition begins this month, and the building is scheduled to open in 2018.

24-Condo-Unit Conversion Resumes At 101 West 78th Street, Upper West Side

4:00 pm on June 3, 2015 By Reid Wilson

A 24-unit condominium conversion of the landmarked six-story, 44-rental-unit building at 101 West 78th Street, on the Upper West Side, has received the go-ahead to continue construction. Newcastle Realty Services is developing, and HTO Architects is designing the conversion of the 69,700 square-foot structure. Ground-floor commercial space also measures 6,865 square feet on Columbus Avenue.

Vornado Realty Acquires Retail Building At 150 West 34th Street For $355 Million

3:00 pm on June 3, 2015 By Reid Wilson

Vornado Realty Trust has acquired the low-rise retail building at 144-150 West 34th Street, in Midtown South, for $355 million from a partnership between Starwood Capital Group and Crown Acquisitions. The three-story, 78,000 square-foot building is leased by Old Navy; their lease expires in five years, and the property boasts 300,000 square feet of commercial building rights if redeveloped.

11-Story Condo Project At 25 Great Jones Street Gets Refinanced, NoHo

2:00 pm on June 3, 2015 By Reid Wilson

Second Development Services and Richport Group have acquired a new $28 million construction loan for their 11-story, six-condo-unit building under construction at 25 Great Jones Street/22 Bond Street, in NoHo, reports Commercial Observer. The project is being sculpted out of a previously half-way completed hotel structure, and BKSK Architects is designing. The $52 million project is proceeding, although behind schedule, and an opening date hasn’t been revealed yet.

62-Story, 157-Unit Luxury Tower To Stand 822 Feet Tall At 111 Murray Street, Tribeca

6:00 am on June 3, 2015 By Reid Wilson

Witkoff Group’s and Fisher Brothers’ Kohn Pedersen Fox-designed luxury tower, planned for Tribeca at 101-111 Murray Street, has been amended to have 157 residential units, up from 139 stated in the original application. Despite an erroneous report, YIMBY has news that the 62-story tower will actually stand 822 feet above the street, merely 35 feet below the outdated 857-foot proposal. The 372,000 square-foot building will include a nearly 2,100 square-foot retail portion on the ground floor, and completion is expected in 2017.

Five-Story Mansion To Replace Two Townhouses At 154 East 78th Street, Upper East Side

5:00 pm on June 2, 2015 By Reid Wilson

Yoseif Partners has filed applications for a five-story, single-family residence spanning 152-154 East 78th Street, on the Upper East Side. Previous plans called for the combination of two existing four-story townhouses, which would hold three residential units, but new applications would produce a 13,050 square-foot building. Demolition applications have yet to be filed for the townhouses, and Sawyer|Berson is designing.

11-Story Mixed-Use Office/Residential Building Approved For 139 Bowery, Lower Manhattan

2:00 pm on June 2, 2015 By Reid Wilson

Applications filed in mid-2014 have been approved for 139-141 Bowery between Broome and Grand Streets, where Global Joint Venture’s plans an 11-story, 16-unit mixed-use building. Measuring 34,900 square feet, retail space will occupy the ground floor, while office space will take up floors two through five. A 550 square-foot medical facility will also be located on the second floor; residential units will occupy floors six and above. Three-story buildings currently occupy the site, and Raymond Chan is designing.

Revealed: Two-Building Residential Project At 436 & 442 East 13th Street, East Village

1:00 pm on June 2, 2015 By Reid Wilson

Renderings have been revealed of Amirian Group’s and Bridgeton Holding’s planned two-building residential development, dubbed Thirteen East + West, at 436 & 442 East 13th Street, in the East Village. At both sites, six-story, six-unit residential buildings were filed with the DOB last December, both measuring a spacious 10,000 square feet. Thomas Vail (of Vail Associates Architects) is designing. The existing two-story buildings were approved for demolition in April.

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