Brief

43-50 162nd Street

Three-Story, Two-Unit Mixed-Use Building Planned At 43-50 162nd Street, East Flushing

8:00 am on October 26, 2015 By Reid Wilson

Henry Cheng, head of 162 Realty Management LLC, has filed applications for a three-story, two-unit mixed-use building at 43-50 162nd Street, in East Flushing, located four blocks from the Broadway station on the LIRR. The building will measure 7,240 square feet, which includes 1,079 and 1,811 square feet of community and retail space, respectively, on the ground floor. On the second and third floors, two full-floor residential units will average a spacious 2,175 square feet. Flushing-based Thee Shiun Ken is the applicant of record, and the site’s two-story predecessor was demolished over the summer.

Port Authority Bus Terminal

Port Authority Approves Multi-Billion-Dollar Redevelopment of Midtown Bus Terminal

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

The Port Authority has approved a multi-billion-dollar plan to replace the Port Authority Bus Terminal between 8th and 9th Avenues and West 40th and 41st Streets, in Midtown West, according to the New York Post. The project will cost between $7 and $10 billion dollars, and funding will come from the sale of air rights, residential units, and commercial spaces. A design competition is expected to be held, and a team will be chosen by September of 2016.

45 Broad Street

Developers Close On 45 Broad Street, Plan 65-Story Condo Tower, Financial District

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

Back in August, YIMBY brought you news that Madison Equities was in contract for the development site at 45 Broad Street, in the Financial District, and now the developer has closed on the property for $86 million. Madison Equities is partnering with Pizzarotti-IBC to build a 65-story condominium tower, potentially totaling 290,000 square feet. AMS Acquisitions is also a minority investor, and Cetra/Ruddy is designing the project. Completion of the tower is tentatively scheduled by 2019.

653 Hinsdale Street

Three Stories, Six Residential Units Planned At 653 Hinsdale Street, East New York

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

Dawanna Williams, of BCDL Real Estate Development, has filed applications for twin three-story, three-unit residential buildings at 653-655 Hinsdale Street, on the western edge of East New York, three blocks from the L train’s stop at New Lots Avenue. The buildings will each measure 3,636 square feet, which means the units — four of six are indicated as duplexes — will average 1,212 square feet. Jose Carballo’s Hackensack, NJ-based JCA Group is the applicant of record, and the plot of land is currently vacant.

731-735 Autumn Avenue, photo by Christopher Bride for PropertyShark

Seven Two-Family Residential Buildings Now Planned At 731-743 Autumn Avenue, East New York

3:00 pm on October 23, 2015 By Reid Wilson

Earlier this month, YIMBY reported on applications for three two-unit residential buildings at 731-735 Autumn Avenue, on the eastern end of East New York near the Queens border. Yesterday, Matthew Adhoot filed applications for four additional two-unit buildings at 737-743 Autumn Avenue. The four added buildings combine for a total 11,157 square feet in residential space, which means units will average 1,395 square feet. Combined with the townhouses planned at 731-735 Autumn, the development will boast 14 residential units. Pirooz Soltanizadeh’s Queens-based Royal Engineering is the applicant of record.

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