Mixed-Use

435 East 13th Street

First Look At Eight-Story, 114-Unit Mixed-Use Project At 435 East 13th Street, East Village

In the final days of 2014, YIMBY reported on applications for an eight-story, 114-unit mixed-use building at 435 East 13th Street (a.k.a 432-438 East 14th Street), in the East Village, and nearly a year later, crews demolished the site’s old two-story post office building. Now, EV Grieve has the first glimpse of the project, which will encompass 135,186 square feet and two buildings, per the latest filings. Located on both ends of the block-thru parcel, each building will feature 8,700 square feet of ground-floor retail space. The residential units will average 769 square feet apiece and 20 percent of them will rent at below market-rates. Benenson Capital Partners and Mack Real Estate Group are developing, and SLCE Architects is designing the project. Completion is anticipated for early 2017.


Mayor Proposes Transforming Governors Island Into Year-Round Mixed-Use Community

In Mayor Bill de Blasio’s State of the City speech given last Thursday, a significant mixed-use development initiative was proposed that would transform Governors Island, which measures 172 acres in the Upper Bay just off the southern tip of Manhattan, into a year-round community. According to Politico New York, the car-free island has 900,000 square feet of development potential on 33 acres, and the mayor is seeking to utilize it to build cultural, educational, and commercial properties. The project will be handed over to the Trust For Governors Island and a Request for Proposals (RFP) should be launched later this year. Construction could begin as soon as 2019, although the Hills, a 10-acre man-made park designed by West 8, is slated to open this summer. The National Park Service oversees two 19th century forts (22 acres) on the island and roughly 92 acres on the historic northern end is a U.S. National Historic Landmark.


42-14 Crescent Street

13-Story, 48-Unit Residential Building Tops Out At 42-14 Crescent Street, Long Island City

Excavation began in mid 2015, and in early December, YIMBY reported that construction on the 13-story, 48-unit residential building at 42-14 Crescent Street, in Long Island City, reached street level. The structure has now topped out, The Court Square Blog reports. The building will total 44,061 square feet and its residential units, which begin on the second floor, will average 816 square feet apiece. The ground floor will contain 740 square feet of retail space. Façade installation has not yet begun, but completion is anticipated sometime later this year. Meadow Partners is developing the project and John Fotiadis Architect is designing it.


213 Van Vorst Street

Foundation Work Begins For 15-Story, 255-Unit Mixed-Use Building At 213 Van Vorst Street, Jersey City

Early in 2015, the Jersey City Planning Board approved plans for two 15-story mixed-use buildings at 193 and 213 Van Vorst Street, in the Paulus Hook neighborhood of Jersey City. Now, HFF has secured for the developers, Global Real Assets and Fields Development Group, $63.5 million in financing for the first phase of the project, according to REBusinessOnline. The first phase at 213 Van Vorst Street will have 255 residential units, which will come in one-, two-, and three-bedroom configurations, and two ground-floor retail units totaling 7,237 square feet. The second building will include an additional 153 residential units and 7,305 square feet of ground-floor retail. Pile driving and foundational construction on the first building began last January, per Jersey Digs, and completion is expected in 2017. Marchetto Higgins Stieve is the design architect.


323 Tenth Avenue

35-Story, 220-Unit Mixed-Use Tower Rises At 323 Tenth Avenue, West Chelsea

During the summer of 2015, renderings were revealed of Lalezarian Properties’ planned 35-story, 220-unit mixed-use tower under construction at 323 Tenth Avenue, between West 28th and 29th streets in West Chelsea. At the time, the ground floor of the tower was being constructed, and the developer’s two other 13-story buildings at 507 West 28th Street – with a combined additional 155 residential units – were close to topping out. Today, the larger structure is 25 stories above street level and the smaller 13-story components are nearly fully clad in glass. The photos are courtesy of Tectonic (h/t Curbed). The entire project will encompass 337,978 square feet, and rental units will average 779 square feet across all three buildings. There will also be a total 16,068 square feet of ground-floor retail space. Avinash K. Malhotra Architects is the design architect and completion is expected later this year.


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