Mixed-Use

Developers Acquire Mixed-Use Development Site At 263 South 5th Street, Williamsburg

2:00 pm on March 21, 2016 By Reid Wilson

Back in October of 2015, news broke that Tavros Development Partners, Charney Construction & Development, and 1 Oak Development were in contract to acquire the Dime Savings Bank assemblage in Williamsburg, located two blocks north of the Marcy Avenue stop on the J/M/Z trains. The $80 million sale has closed, according to Commercial Observer. The development site includes the properties at 263-277 South 5th Street, 262-272 South 4th Street, and 205 Havemeyer Street, and some site are currently occupied by low-rise commercial structures. The Dime Savings Bank of Williamsburg building, the existing two-story bank at 209 Havemeyer Street, was not part of the deal. The 50,000-square-foot site could accommodate a new 230,500-square-foot mixed-use building, although plans for the site have not been disclosed.

1873 Starr Street/176 Woodward Avenue, rendering by Aufgang Architects

New Developers To Build Five-Story, 130-Unit Residential Project At 1873 Starr Street, Ridgewood

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

In October of 2015, YIMBY reported on applications for a five-story, 130-unit residential building at 1873 Starr Street, in western Ridgewood, located five blocks from the Jefferson Street stop on the L train. Now, Slate Property Group has sold the development site to Valyrian Capital and MGM Property Group for $18.5 million, according to Real Estate Weekly. The new owners plan to move forward with the approved project, which measures 141,929 square feet in total and will include 5,009 square feet of ground-floor retail space along with 3,000 square feet of community facility space. The apartment units should average 650 square feet apiece, with 45 of them to be rented at below-market rates. Amenities include a gym, a roof deck, a laundry room, and a garage for 64 bikes and 65 cars. Aufgang Architects is designing the building.

'Park Avenue Artwall' at 1951 Park Avenue. Photo: GDSNY

East Harlem Residential Building Uses ‘Artwall’ to Hide Mechanical Equipment

6:30 am on March 21, 2016 By Evan Bindelglass

New York City is a land of skyscrapers, but we don’t often find ourselves looking up. But there is something neat to check out if you find yourself up in East Harlem.

Four-Story, Seven-Unit Mixed-Use Building Planned At 2414 Hughes Avenue, Belmont

3:00 pm on March 18, 2016 By Reid Wilson

Property owner Eleen Nihan has filed applications for a four-story, seven-unit mixed-use building at 2414 Hughes Avenue, in Belmont, located four blocks south of Fordham University’s Rose Hill campus. The structure will encompass 5,837 square feet and will include a 312-square-foot doctors office on the ground floor. The residential units should average 643 square feet apiece, which means rental apartments are in the works. Mohammad Badaly’s Mount Vernon, N.Y.-based Badaly Architects is the architect of record. The site’s existing two-story wood-framed house must first be demolished.

21 East 12th Street facade, rendering by Wordsearch

First Look at 21 East 12th Street, the 23-Story Condo Tower Replacing Bowlmor Lanes

8:00 am on March 18, 2016 By Rebecca Baird-Remba

William Macklowe Company is getting ready to start construction and launch sales for its 23-story condo tower at the corner of University Place and East 12th Street in the Village. YIMBY has the first renderings of the project, which will be known as 21 East 12th Street, courtesy of PR reps and a new teaser site.

740 East 137th Street, image via Bing Maps

Permits Filed: Art Studios at 740 East 137th Street, Port Morris

7:30 am on March 18, 2016 By Rebecca Baird-Remba

The industrial area along the South Bronx waterfront is about to sprout several high-rise residential towers, but development a couple blocks inland may bring another sign of impending gentrification: new artist studios. Plans were filed last week for a three-story commercial building at 740 East 137th Street in Port Morris.

High-Profile Mixed-Use Development Site Up For Sale At 39-08 Janet Place, Flushing West Rezoning Area

6:30 am on March 18, 2016 By Reid Wilson

Property owners ABS Management & Development and Babad Management are now placing on the market the 3.7-acre vacant development site at 39-08 Janet Place (a.k.a 131-35 Roosevelt Avenue), in Downtown Flushing. The Real Deal reports the site currently offers 870,000 square feet of development rights. A five-tower, 450-unit mixed-use project was approved by the city before the 2008 financial crisis. It was going to be built by LEV Development Group and was designed by Ismael Leyva Architect, but it never got off the ground. Today, the plot is subject to the proposed Flushing West Rezoning, and, if established, would be located within the rezoning’s special waterfront district. That means a future development may require the construction of a waterfront promenade along Flushing Creek (although we don’t know if the rezoning means that the site would get more development rights). The site doesn’t have an asking price, although brokers expect the site to generate more than $120 million.

Four-Story, Six-Unit Mixed-Use Building Planned At 842 Liberty Avenue, East New York

2:00 pm on March 17, 2016 By Reid Wilson

Long Island-based property owner Genara Gonzalez has filed applications for a four-story, six-unit mixed-use building at 842 Liberty Avenue, in northern East New York, located three blocks south of the Norwood Avenue stop on the J/Z trains. As proposed, the new building would measure just 3,203 square feet and include a 953 square-foot doctors office on the ground floor. The residential units would be extremely small, averaging 375 square feet apiece. But those plans could soon be replaced with a larger building, thanks to the proposed East New York rezoning. If approved, the site could accommodate a maximum of 3,600 square feet of commercial space and 5,400 square feet of residential space in the form of a four- to six-story building. Yonkers, N.Y.-based Leder-Luis Architectural Design is the architect of record. The 20-foot-wide lot is vacant.

40-Story Tower Tops Out at 2 North 6th Place in Williamsburg

7:45 am on March 17, 2016 By Rebecca Baird-Remba

Douglaston Development’s fourth and final tower on the Williamsburg waterfront topped out yesterday at 2 North 6th Place.

Groundbreaking Imminent For 5.8-Million Square-Foot Mega-Development In Sayreville, New Jersey

6:00 am on March 17, 2016 By Reid Wilson

In the next few weeks, O’Neill Properties Group is expected to break ground on the 5.8-million-square-foot mixed-use mega-development planned on 418 acres along the Raritan River in Sayreville, New Jersey. The New York Times reports the project, dubbed the Pointe, will include 2,000 residential units, up to 1,000 hotel rooms, 750,000 square feet of office space, and 2.4 million square feet of commercial-retail space. Also approved is 226,000 square feet of Times Square-style digital signage across seven billboards.

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Mixed-Use

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