Mixed-Use


159 North 3rd Street

Renovations Planned at Two-Story, 27-Unit Mixed-Use Building at 159 North 3rd Street, Williamsburg

Redsky Capital is planning to conduct renovations on the two-story, 27-unit mixed-use building at 159 North 3rd Street and 158-170 North 4th Street, in Williamsburg, located four blocks from the Bedford Avenue Station on the L train. The property owner recently secured a $19 million loan to refinance debt and to fund the project, according to Commercial Observer. Ground-floor retail space totals 48,860 square feet, while 27 rental apartments currently spread across 25,510 square feet of residential space on the second floor. Roughly 21,000 square feet of retail is vacant, although the entire block-thru building is expected to receive renovations and upgrades. Current retailers in the building include a Foodtown supermarket, and the restaurants Umani Burger, Sweetgreen, and by CHLOE.



Six Cortlandt Alley

New Details Revealed for Six Cortlandt Alley, Five-Unit Mixed-Use Condo Project in TriBeCa

Back in January of 2014, the Landmarks Preservation Commission approved the eight-story, five-unit mixed-use project at 372 Broadway, in TriBeCa. Construction began on the building’s conversion in early 2015, and now YIMBY has new details and never-before-seen renderings of the condominium project, which goes by Six Cortlandt Alley. Curbed NY was the first to report on the project’s sales launch.


41-43 West 47th Street

Developer Moves Forward with Mixed-Use Development Assemblage at 41-43 West 47th Street, Midtown

Developer Boris Aronov has received the green light to demolish the five-story, seven-unit mixed-use building at 41 West 47th Street and the seven-story commercial building at 43 West 47th Street, in Midtown. No new building applications have been filed with the Department of Buildings, nor has the developer disclosed their plans for the site, DNAinfo reports. As is, the two-property development assemblage could accommodate up to 60,240 square feet of mixed-use development. A future development could include up to 50,200 square feet of residential space with a commercial component, or could take the form of a hotel or office building. Before the structures can be demolished, multiple commercial-retail tenants, in addition to possibly multiple residential tenants, must vacant the properties.


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