Mixed-Use

Developer Acquires 93-01 Sutphin Boulevard, Plans 580-Unit Mixed-Use Development, Jamaica

6:30 am on June 19, 2015 By Reid Wilson

BRP Companies has acquired the development assemblage at 93-01 Sutphin Boulevard, immediately north of Jamaica Center in Downtown Jamaica, for $19.5 million. The developer plans to build a mixed-use, two-building project measuring a total 755,000 square feet. Retail space will measure 100,000 square feet across a three-story podium, and 580 residential units are expected between 26- and 14-story buildings. Construction is slated to begin later this year, although a slew of low-rise commercial buildings must first be demolished. FXFOWLE is designing.

Development Assemblage At 143 East 60th Street In Contract, Midtown East

6:00 am on June 19, 2015 By Reid Wilson

Only placed on the market earlier this month, Kuafu Properties is in contract to acquire the development assemblage spanning 143-161 East 60th Street, on the northern edge of Midtown East, for more than $300 million. A 280,000 square-foot residential building with a retail portion could be accommodated at the site, and rumor has it that condominiums are likely planned. Six low-rise buildings — the largest being 11 stories — currently occupy the site.

Expansion Planned For Single-Story Retail Property At 107-01 71st Avenue, Forest Hills

4:00 pm on June 18, 2015 By Reid Wilson

Parkoff Organization has acquired the single-story, 12,200 square-foot retail building at 107-01 71st Avenue, near the LIRR stop in Forest Hills, for $28 million. The property has roughly 20,000 square feet of unused air rights, and the new owners plan to add multiple floors to the existing structure. Citibank currently leases out the building and is planning to operate on the ground floor after redevelopment.

Glassworks Factory Redevelopment At 336 Himrod Street Gets Financing, Bushwick

12:30 pm on June 18, 2015 By Reid Wilson

Developer and designer ASH NYC has received $21 million in construction financing for their planned five-story, 63-unit mixed-use building at 336 Himrod Street, in northern Bushwick. Commercial Observer reports that the main Dannenhoffer’s Opalescent Glassworks building will be integrated into the development, which will feature 4,570 square feet of retail and another 1,570 square feet of community space. Hustvedt Cutler Architects is the architect of record.

Three-Story Industrial Building At 219 West 21st Street In Chelsea Primed For Redevelopment

11:00 am on June 18, 2015 By Reid Wilson

Cushman & Wakefield is marketing the three-story, 13,040 square-foot building at 217-219 West 21st Street, in Chelsea, between Seventh and Eighth Avenues. The property has 6,710 square feet of unused air rights, according to Commercial Observer, but a developer could also demolish the existing structure for a new building. Leases currently occupy parts of the building, but expire at the end of 2017.

Schematics Posted For 26-Story Mixed-Use Building At 27-21 44th Drive, Long Island City

6:30 am on June 18, 2015 By Reid Wilson

Demolition of the old single-story warehouse at 27-21 44th Drive, in Long Island City, is now complete; the site will soon yield Silvercup Properties’ 26-story, 115-unit mixed-use building, which YIMBY reported on in 2014. Now The Court Square Blog notes the first on-site rendering has been posted for the nearly 110,450 square-foot building. On the ground floor, 6,095 square feet of retail is planned, and completion is slated for late 2017, with GF55 Partners serving as the architect of record.

14-Story, 239-Unit Building Planned At 7 West 21st Street in Flatiron District Gets Financing

4:00 pm on June 17, 2015 By Reid Wilson

Friedland Properties has landed a $182 million mortgage to finance their planned 14-story, 239-unit mixed-use building at 7 West 21st Street, a vacant, thru-block property in the Flatiron District. A number of units will be affordable, and 8,210 square feet of retail is planned on the ground floor. Morris Adjmi Architects is designing, and the project was approved by the LPC in 2013.

36-Story Public Library Redevelopment Revealed At 280 Cadman Plaza West, Brooklyn Heights

10:00 am on June 17, 2015 By Reid Wilson

Renderings of Hudson Companies’ planned 36-story, 139-condo-unit mixed-use building at 280 Cadman Plaza West, in Brooklyn Heights, have been released by the Daily News. Designed by Marvel Architects, the building will feature a 21,500 square-foot library on the ground floor, as well as retail and community space. The project must first pass through ULURP approvals, which begin this week. The existing two-story library will be demolished, and the developer has promised to offer temporary space for the Brooklyn Heights branch during construction. Hudson has also committed to building 114 off-site affordable units on two Clinton Hill lots, at 911-917 Atlantic Avenue and 1041-1047 Fulton Street.

Spitzer Enterprises’ 24-Story Rental Towers Revealed At 420 Kent Avenue, Williamsburg

6:30 am on June 17, 2015 By Reid Wilson

In December 2014, YIMBY reported on filings for mid-rise residential towers at 420 Kent Avenue, in western Williamsburg on the East River, and now The New York Times has renderings of Spitzer Enterprises’ development. The ODA-designed project will include three 24-story towers totaling 856 rental units and a public park. Filings show the buildings will also have retail space, and low-rise warehouse buildings must first be demolished.

Excavation Begins On 14-Story, 50-Unit Mixed-Use Building At 242 Broome Street, Lower East Side

6:00 am on June 17, 2015 By Reid Wilson

Earlier this year, YIMBY revealed renderings for the first phase of Essex Crossing, a multi-site mixed-use project on the Lower East Side being developed by L+M Development, Taconic Investment and BFC Partners. Bowery Boogie now reports excavation has begun on the first building, located at 242 Broome Street, where a SHoP-designed 14-story, 55-unit mixed-use building is planned. Splitsville Lanes will occupy the basement, and other retail space is also expected on the ground floor.

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Mixed-Use

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