Brief

1727 49th Street

Three-Story, Three-Family Residential Building Coming To 1727 49th Street, Borough Park

Gabriel Eisen, doing business as an anonymous LLC, has filed applications for a three-story, three-unit residential building at 1727 49th Street, in southern Borough Park, located five blocks from the 18th Avenue stop on the F train. The new structure will encompass 8,646 square feet, and 6,402 square feet will be used as residential space. That means full-floor units will average 2,134 square feet apiece and are likely being built to accommodate families within this Hasidic Jewish neighborhood. Brooklyn-based Eretz Builders Assistance, a general contractor, is the applicant of record. The site’s old two-story, two-unit house was demolished this past December.


435 East 30th Street

NYU Langone Close To Topping Out 16-Story, 365,000 Square-Foot Research Facility At 435 East 30th Street, Kips Bay

New York University Langone Medical Center is now a few steel beams from topping out their new 16-story, 365,000 square-foot medical research facility at 435 East 30th Street, located on the corner of the FDR Drive in Kips Bay. Thanks to photos by Tectonic, we see that the facility, dubbed Science Building, is almost structurally complete, although façade installation has not yet begun. The building will feature 10 floors of laboratory space, which will be utilized to grow NYU Langone’s biomedical research efforts and the NYU School of Medicine’s program. There will also be a lecture room and a cafeteria on the ground-floor. Ennead Architects is the design architect and completion is expected in 2017.


S.S. United States

Inoperative SS United States To Be Renovated Into 400-Suite Luxury Cruise Ship

Last fall, news surfaced that the 990-foot-long SS United States, a decommissioned 12-deck passenger liner built in 1952 and which set a trans-Atlantic that stands to this day, could be docked in Red Hook and transformed into a office and entertainment complex. The latest proposal now calls for a restoration of the vessel into an 800-passenger luxury cruise ship fit with 400 suites, according to the New York Times. Crystal Cruises would lead the ship’s makeover, which would cost between $700 to $800 million, about the cost of a newly built cruise ship of similar size. The company can also take the option to purchase the ship from SS United States Conservancy. The revived ship is tentatively expected to make its first voyage from New York in 2018. The ocean liner currently contains toxins that may complicate the renovation if the Environmental Protection Agency gets involved.


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.


388-390 Greenwich Street

Citigroup In Contract To Acquire Their 39-Story, 2.7-Million Square-Foot Headquarters At 388-390 Greenwich Street, TriBeCa

In early 2015, renderings were revealed of the planned renovations at Citigroup’s headquarters at 388-390 Greenwich Street, in TriBeCa, and now the company is in contract to acquire the the 39-story, 2.7-million square-foot office complex. According to Real Estate Weekly, Citigroup will purchase the properties from SL Green Realty Corp. for $2 billion. The renovations include connecting the tower portion at 388 Greenwich to the 10-story structure at 390 Greenwich. The transformation will include a new façade on large portions of the existing buildings, a single lobby that serves both sections, plaza renovations, a rooftop terrace, and amenities like a fitness center. The sale is expected to close in December of 2017 and renovations should be complete by 2019.


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