Per The Real Deal, RFR Realty, partnered with Hines, has received $360 million in financing from the Industrial and Commercial Bank of China for the 65-story, 91-unit condominium building at 100 East 53rd Street, in Midtown East. Vanke Holdings and China Cinda Asset Management have also purchased stakes in the project this past March. Foster + Partners is designing, and YIMBY brought you an update on construction in March.
Crain’s Business reports Nike has leased 147,000 square feet of office space at the Durst Organization’s 42-story, 570,000 square-foot mixed-use building at 855 6th Avenue, in Midtown South. The third through sixth floors will by occupied by Nike, and their lease will include the 15,000 square-foot outdoor deck. The building was revealed by YIMBY in 2014, and completion is expected in early 2016.
An LLC has filed applications for a five-story, 42-unit mixed-use building measuring a total of 29,530 square feet spanning the lots 37-02 – 37-10 34th Street, in northern Long Island City. JLS Designs is designing, and a commercial retail component will amount to nearly 1,000 square feet. An existing two-story building must first be demolished.
Per Crain’s Business, the City has picked Monadnock Development to develop a mid-rise 208-unit all-affordable mixed-use building at the vacant lot of 133-45 41st Avenue, in Downtown Flushing; the de Blasio administration has made an effort to redevelop that specific underutilized lot. The project is being dubbed One Flushing, and retail and community space is planned for the ground floor; Bernheimer Architecture is designing.
Zar Property NY is planning to expand the five-story, 45,000 square-foot building at 38 Greene Street, in SoHo, by two stories and 12,000 square feet. Per The Real Deal, the new space will accommodate a commercial-condo penthouse, featuring 4,000 square feet of private outdoors space.
