Brief

High-Rise Condo Tower Planned At Union Theological Seminary, Morningside Heights

Union Theological Seminary – located at 3041 Broadway, between West 120th and 122nd Street in Morningside Heights – is proposing to co-develop a condominium tower located on the campus’s northern quadrangle. The seminary would sell 350,000 square feet of air rights in the process, which would go towards a slender tower, potentially rising 35 to 40 stories in height. L&M Development Partners would be the developer, and the profits would go towards a needed $100 million renovation of the aging academic buildings, according to the Wall Street Journal.


74 Kent Street

Three-Story Office & Retail Conversion Underway At 74 Kent Street, Greenpoint

In mid-2014, Caerus Group acquired the three-story former Eberhard Pencil Factory building at 74 Kent Street, in Greenpoint, for $7.5 million. Now, the developer is converting the landmarked, 17,413 square-foot property into commercial space, according to Commercial Observer. Office space will be located on the second, third, and cellar levels, while retail space will occupy the ground floor. Each floor will feature outdoor space and 6,000 square feet of green space is planned on the roof. Hustvedt Cutler Architects is designing the conversion and completion is expected in the first half of 2016.


2325 Third Avenue

City Seeks Developers For 70,000 Square-Foot Commercial Project At 2325 Third Avenue, East Harlem

The City’s Economic Development Corporation and Housing Preservation and Development have launched a request for proposals for the vacant, 7,000 square-foot development site located at 2321-2325 Third Avenue, in East Harlem between East 126th and 127th Streets, according to DNAinfo. The site boasts 70,000 square feet of commercial development rights and is located directly adjacent to the site of a planned 115,000 square-foot proton beam therapy center. The commercial project is just a small portion of the two-block mega-development dubbed E125. The blocks bounded by East 125th through 127th Streets and Second and Third Avenues will eventually be home to 1,000 residential units, up to 700,000 square feet of commercial space and at least 30,000 square feet of community space. 800 of the residential units will rent at below-market rates.


2040 Frederick Douglass Boulevard

New Rendering Of 12-Story, 48-Unit Mixed-Use Building Under Construction At 2040 Frederick Douglass Boulevard, Harlem

Last Friday, YIMBY brought you a construction update on the 12-story mixed-use building rising at 2040 Frederick Douglass Boulevard (a.k.a. 285 West 110th Street), in Harlem. Later that day, the New York Times published a new rendering of the project along with updated details. Dubbed Circa Central Park, the building will have 48 condominium units, ranging from 647 square-foot one-bedrooms to 3,348 square-foot five-bedrooms. Three penthouses will top the terraced structure and 10 units will be sold at below-market rates. Many of the units will feature outdoor space, either in the form of private or shared areas. Since November, the structure has risen another floor and completion is expected in 2017.


399 Prospect Place

Five-Story, Five-Unit Residential Building Planned At 399 Prospect Place, Crown Heights

Matt Schneider, doing business as an anonymous LLC, has filed applications for a five-story, five-unit residential building at 399 Prospect Place, in the northwestern corner of Crown Heights. The project – located six blocks north of the Eastern Parkway-Brooklyn Museum stop on the 2 and 3 trains – will measure 5,380 square feet in total. The full-floor units will average 1,076 square feet, which means condos are likely. The unit on the fifth floor will also include a sixth-floor penthouse, according to the Schedule A. Douglas Pulaski’s Brooklyn-based Bricolage Designs is the architect of record. Demolition permits were filed in November to knock down the existing two-story, four-unit apartment building.


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