Mixed-Use

Ceruzzi Properties To Acquire 520 Fifth Avenue, 71-Story Mixed-Use Tower Planned, Midtown

6:30 am on June 26, 2015 By Reid Wilson

Last December, Thor Equities filed applications for a 71-story, nearly 353,600 square-foot mixed-use tower at 520 5th Avenue, in Midtown, and now Ceruzzi Properties has agreed to acquire the site for $325 million, according to Commercial Observer. The new owner plans to proceed with previous plans, which will feature three stories of retail, followed by 208 hotel rooms up to the 24th floor, and 145 residential units in the upper reaches of the tower.

Two 25-Story Mixed-Use Towers Planned At 101 Lincoln and 2401 Third Avenues, Port Morris

6:00 am on June 26, 2015 By Reid Wilson

Earlier this year, Chetrit Group and Somerset Partners purchased two Bronx waterfront development sites at 2401 3rd Avenue and 101 Lincoln Avenue, in Port Morris, surrounding both sides of the Third Avenue Bridge, and now Curbed has the details for their project. The developers plan two 25-story towers totaling 1,600 residential units, across 1.3 million square feet, and retail space will span the first two floors. The site is currently occupied by warehouses.

Development Site At 23 Third Avenue Set to Trade Hands For $50 Million, East Village

4:00 pm on June 25, 2015 By Reid Wilson

Arthur Shapolsky is set to acquire the development assemblage consisting of 23-27 Third Avenue and 3 St. Marks Place in the East Village, across the street from Astor Place. The properties, set to trade for roughly $50 million, are currently occupied by a three-story townhouse and some retail structures. The site could accommodate a new building of 41,500 square feet, though plans have not yet been disclosed.

Interior Renderings Revealed Of 41-Story Mixed-Use Tower At 1 West End Avenue, Lincoln Square

10:00 am on June 25, 2015 By Reid Wilson

In December, YIMBY revealed renderings of Silverstein’s and El-Ad Properties’ 41-story, 365-unit mixed-use building planned for 1 West End Avenue, in Lincoln Square, and now Curbed has renderings of the building’s interior, which is being designed by Jeffrey Beers. Foundation work is currently underway at the site, and completion is slated for 2017. The Pelli Clarke Pelli-designed building will feature an affordable residential portion in its eight-story stone-clad base, and retail space is planned on the ground floor.

Rendering Reveals Eight-Story Mixed-Use Building At 524 Myrtle Avenue, Clinton Hill

6:00 am on June 25, 2015 By Reid Wilson

Applications filed last December at 504-524 Myrtle Avenue, in Clinton Hill, called for a six-story, 92-unit mixed-use building, but DNAinfo reports the unit count has increased, and the project will now stand eight stories tall. In the old filings, retail spanned 20,755 square feet on the first two levels. A rendering has also appeared at the site, where a single-story building has now been demolished. HTO Architects is designing, and Silverstone Property Group is developing.

Five-Story, 33-Unit Rental Building At 447 Avenue P Slated For Condo Conversion, Midwood

5:00 pm on June 24, 2015 By Reid Wilson

Time Equities plans to convert The Venetian, a five-story, 33-unit rental building at 447 Avenue P in the southwestern corner of Midwood, into condominiums. The developer acquired the building in December of 2014 for $27 million, just two years after the project opened in 2012. The building, located a block away from the Avenue P stop on the F line, also has 8,000 square feet of ground-floor retail.

50 West Street Climbing Quickly, Now 50 Stories Tall, Financial District

1:00 pm on June 24, 2015 By Reid Wilson

Time Equities’ 64-story, 191-condo-unit luxury tower under construction at 50 West Street, in the Financial District, is now 50 stories up, according to Curbed. Construction has progressed quickly; last November, the structure was just three stories tall, and by March, it was half of its current height. Units are now 50% sold out, and completion is slated for 2016. Helmut Jahn is designing, and the tower will also include roughly 21,100 square feet of commercial space, with retail and office condominiums spanning the first two stories.

Excavation Begins At 45-08 23rd Street, Site Of Four-Unit Mixed-Use Building, Long Island City

10:00 am on June 24, 2015 By Reid Wilson

Excavation has begun at 45-08 23rd Street, in Long Island City, where Mary Rera is planning a three-story, four-unit mixed-use building, according to The Court Square Blog. Specific square-footage breakdowns are unavailable, but the entire structure, mechanical space included, will measure 6,000 square feet. Schematics were posted on-site late last year, and Edward Hicks is the architect of record.

Four-Story, 13-Unit Residential Building Filed At 87-17 Homelawn Street, Jamaica Hills

4:00 pm on June 23, 2015 By Reid Wilson

Mirza Rahman has filed applications for a four-story, 13-unit mixed-use building at 87-13 – 18-17 Homelawn Street, in Jamaica Hills, a block away from the 169th Street stop on the F train. The 12,300 square-foot building will include 1,680 square feet for a community facility in the cellar, and residential units will measure an average 815 square feet each. JLS Designs is the architect of record, and two existing single-family structures must first be demolished.

New Renderings Of 58-Story, 157-Unit Luxury Tower At 111 Murray Street, Tribeca

2:00 pm on June 23, 2015 By Reid Wilson

New renderings have surfaced of the planned 58-story, 157-unit luxury tower at 111 Murray Street, in southern Tribeca, which is being developed by Witkoff, Fisher Brothers and New Valley. The building is planned to have nearly 2,100 square feet of retail, and a 10,000 square-foot landscaped plaza, according to The New York Times.

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Mixed-Use

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