Brief

1407 Broadway

Renovations Planned for 43-Story Office Building At 1407 Broadway, Midtown

2:00 pm on October 2, 2015 By Reid Wilson

Shorenstein Properties is renovating the 43-story, 1.1-million square-foot office building at 1407 Broadway, between West 38th and 39th Street, according to Real Estate Weekly. The updates will include a new lobby, entrance and retail space, as well as façade improvements on the rest of the building. Roughly 33,000 square feet of retail space will span the ground floor, and Fogarty Finger is leading the design process. Shorenstein acquired the building for $330 million this past spring.

165 Huguenot Street

Six-Story, 71-Unit Mixed-Use Building Planned At 165 Huguenot Street, New Rochelle

12:30 pm on October 2, 2015 By Reid Wilson

Anup Misra, head of East & Hudson New Rochelle, LLC, is planning to develop a six-story, 71-unit mixed-use building at 165 Huguenot Street, in downtown New Rochelle, a few blocks from the town’s Metro North station. The building will measure 64,000 square feet, and will include 3,000 square feet of retail space on the ground floor. Units will be rentals, and will range from 500 to 975 square feet. A two-story warehouse must first be demolished, but construction is expected to begin next spring, with completion in 2017. Manhattan-based Magnusson Architecture & Planning is designing.

147-30 Springfield Lane

Four Two-Family Buildings Coming To 147-30 Springfield Lane, Springfield Gardens

11:00 am on October 2, 2015 By Reid Wilson

Arkady Zirkiev, doing business under an LLC, has filed applications for four two-family residential buildings at 147-30 – 147-38 Springfield Lane, in Springfield Gardens, immediately northeast of JFK Airport. Each building will be two stories and measure 2,520 square feet, which means the full-floor units will average a spacious 1,260 square feet each. Robert Nasimov’s Rego Park-based R&O Engineering is the applicant of record, and the land is currently vacant.

677 Fifth Avenue

Renovations Wrap Up At 677 Fifth Avenue, Microsoft’s New Five-Story Flagship Store

10:00 am on October 2, 2015 By Reid Wilson

Microsoft is planning to open their first Manhattan flagship store in the five-story building at 677 Fifth Avenue, between East 53rd and 54th Street, according to The Wall Street Journal. The structure has undergone an extensive renovation, acquiring a new façade and updated interior spaces. The store will span 22,269 square feet over five floors, and opening is expected on October 26th at noon.

487 Hudson Street

St. Luke’s School To Pursue Vertical Expansion At 487 Hudson Street, West Village

6:30 am on October 2, 2015 By Reid Wilson

The St. Luke’s School is planning to expand their 40,000 square-foot facility at 487 Hudson Street, in the West Village, by 20,000 square feet, according to Commercial Observer. The addition will include a glassbox theater, an expanded gym, and additional classrooms, but will have to be built atop a new foundation over the existing three story building. The school recently extended their lease for another 49 years at the property.

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