Mixed-Use

677 Lexington Avenue

Development Site At 677-685 Lexington Avenue Hits The Market, Midtown East

Meringoff Properties and the Riese Organization are placing the low-rise commercial properties spanning 677-685 Lexington Avenue on the market, according to The Wall Street Journal. The assemblage, in Midtown East at East 56th Street, boasts roughly 115,000 square feet, and is primed for a residential or hotel development. Eastern Consolidated is marketing the properties, which include a two-story corner building and five-story commercial structure, whose leases expire shortly.


41-07 Crescent Street

Nine-Story, 47-Unit Mixed-Use Building Complete At 41-07 Crescent Street, Long Island City

This past summer, construction was wrapping up on Ranger Properties’ nine-story, 48-unit mixed-use building at 41-07 Crescent Street, in Long Island City, and now The Court Square Blog brings news the building is complete. As previously reported, the building contains 4,000 square feet of ground-floor retail space, and Fogarty Finger is the architect. Scaffolding has been removed, meaning opening is likely imminent.


520 West 30th Street

Loan Acquired, Foundation Complete At 520 West 30th Street, 28-Story Mixed-Use Project

YIMBY revealed the final design towards the end of last year for the 28-story, 174-unit mixed-use tower planned at 520 West 30th Street, in Midtown West, and now the project is well underway. Related has landed $200 million in loans, according to Commercial Observer, and the building has been under construction since the summer, with foundation work now nearly complete. An 11,500 square-foot retail component will span the ground floor, and Ismael Leyva is the architect of record.


2269 First Avenue

Construction Underway At 2269 First Avenue, Nine-Story, 90-Unit Redevelopment, East Harlem

In May of 2014, YIMBY revealed renderings of the mixed-use redevelopment of the dilapidated five-story former school building at 2269 First Avenue in the East Village, and now construction is underway, per Harlem+Bespoke. The existing 69,093 square foot building will be expanded by 25,000 square feet and four stories, and will contain 90 residential units and 3,995 square feet of ground-floor retail space once complete. Acuity Capital Partners is developing, and Issac & Stern Architects is designing.


75 First Avenue

Development Site At 75 First Avenue To Be Acquired By Colonnade Group, East Village

Back in 2014, YIMBY revealed renderings of Ozymandius Realty and Orange Management’s planned eight-story, 27-unit mixed-use building at 75 First Avenue in the East Village. Now, the long-time owners are selling the site to Colonnade Group. The site allows for an eight-story, 35,000 square foot building with retail, but it’s not known whether the new developer intends to follow the previously filed plans. The previous owners began assembling the site in 2005, when a 14-story building could have been built, before the city downzoned the East Village in 2008, according to The Real Deal. NO Architecture designed the old proposal.


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