Mixed-Use

42-02 Fort Hamilton Parkway

Five-Building, 31-Unit Mixed-Use Development Planned At 42-02 Fort Hamilton Parkway, Borough Park

11:00 am on January 22, 2016 By Reid Wilson

Back in 2014, a row of five four-story, four-unit residential buildings were built from 1038-1052 42nd Street, in northern Borough Park, and now five more buildings have been granted permits on the same block. Adjacent to the completed buildings, there will be three four-story, four-unit residential structures at 1054-1058 42nd Street. The residential square footage of each building varies, but will total between 5,500 and 6,000 square feet. Closer to Fort Hamilton Parkway, two seven-story mixed-use buildings are planned at 1060-1066 42nd Street. Both structures will have retail and community facility space, but one will contain nine residential units and the other will have 10 units.

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138 Willoughby Street

First Look At City Point’s 57-Story, 500-Unit Mixed-Use Tower At 138 Willoughby Street, DoBro

10:00 am on January 22, 2016 By Reid Wilson

Last month, YIMBY reported on pre-filings for Extell Development’s 57-story mixed-use tower planned at 138 Willoughby Street, in Downtown Brooklyn. The building would be City Point’s third and final phase, and now the Brooklyn Paper has the first look at the 692-foot-tall tower. The building will have a four-story, 65,000-square-foot retail base topped by 500 residential units. A decision has not been made for whether the units will be rentals or condominiums, but the developer is reportedly “leaning towards condos.” Kohn Pedersen Fox is the design architect, while SLCE Architects is serving as the architect of record. Construction is currently slated to begin next year, with completion expected in 2019.

1770 Madison Avenue

Eight-Story, 32-Unit Mixed-Use Building Wraps Up Construction At 1770 Madison Avenue, East Harlem

4:00 pm on January 21, 2016 By Reid Wilson

In April of 2014, YIMBY revealed renderings of the eight-story, 32-unit mixed-use project at 1770 Madison Avenue, in East Harlem on the corner of East 116th Street. Later the same year, the building topped out, and today the structure is fully clad and wrapping up construction, Harlem+Bespoke reports. The building measures 47,857 square feet in its entirety, and includes 5,124 square feet of retail on the ground and cellar levels, 6,310 square feet of medial offices on the second floor, and 25,241 square feet of residential space. The units will average 789 square feet apiece, and seven of them will rent at below-market rates through the housing lottery. Low Income Marketing Group is developing and Avinash K. Malhotra Architects is the architect of record. Opening is probable within the next few weeks.

2 Sherman Avenue

ULURP Kicks Off For 23-Story, 335-Unit Mixed-Use Building At 2 Sherman Avenue, Washington Heights

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

The Uniform Land Use Review Procedure (ULURP) has officially kicked off for the proposed 23-story, 335-unit mixed-use building at 2 Sherman Avenue, in the Fort George section of Washington Heights, located four blocks from stops on either the A or 1 trains. The project, developed by Washington Square Partners and Acadia Realty Trust, will include retail space and a community facility. According to Politico New York, the project will be the first to utilize Mayor Bill de Blasio’s Mandatory Inclusionary Housing program, which requires developers to rent 30 percent of the residential units at below-market rates in exchange for a rezoning. The mayor’s program is expected to be voted on over the next few months. If the program is not established, the developers will go ahead with the city’s current system, which would require 20 percent of the units to be affordable. An existing two-story commercial building must first be demolished.

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