Caerus Group

Street view of 827-831 Broadway, by DXA Studios

Proposed Expansion for Landmarked 827-831 Broadway Heads to the LPC, Union Square

7:30 am on December 5, 2017 By Andrew Nelson

Just South of Union Square, on Broadway between East 12th and East 13th Streets, there are two Italianate-inspired buildings from 1866 and 1867, at 827-831 Broadway. Back in 2015, the sites had been purchased for $60 million by the real estate investors Samson Klugman of Quality Capital, and Leo Tsimmer of Caerus Group. They had initially filed permits for a 300-foot-tall commercial space, but that was stopped when the Landmarks Preservation Commission awarded landmark status for the 150-year old construction.

Read More
11-20 46th Road. rendering by C3D Architects

Revealed: Warehouse-to-Office Conversion and Expansion at 11-20 46th Road, Long Island City

4:30 pm on December 20, 2016 By Rebecca Baird-Remba

Long Island City is set to become a hub for office development in the outer boroughs. While some builders hope to put up massive commercial towers like One Court Square, others are creating office space in the neighborhood’s warehouses and loft buildings. One developer, Caerus Group, decided to convert and expand a two-story industrial building at 11-20 46th Road, a few short blocks from Court Square.

Read More
827-831 Broadway

14-Story, 84,000-Square-Foot Multi-Use Commercial Building Filed at 827 Broadway, Greenwich Village

3:00 pm on June 13, 2016 By Reid Wilson

Back in August of 2015, Quality Capital and Caerus Group acquired, for $60 million, the two four-story, mixed-use buildings at 827-831 Broadway, located between East 12th and 13th streets in Greenwich Village. Now, the developers have filed applications for a 14-story, 84,108-square-foot multi-use commercial building at the site. The building will stand 289 feet above street level. It will feature retail space across parts of the cellar through third floors, 6,394 square feet of medical office space on parts of the second and third floor, and office space on the fourth through 14th floors. Amenities will include storage space on the cellar, a terrace on the fourth floor, and a rooftop terrace. The existing buildings, which together measure 36,500 square feet, include retail on the bottom two floors and apartments on the upper two floors. Chelsea-based CD3 Architecture is the architect of record. Demolition permits have not yet been filed.

74 Kent Street

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

4:00 pm on December 14, 2015 By Reid Wilson

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.

206 Wadsworth Avenue

Eight-Story, 150-Dorm-Unit Building Planned At 206 Wadsworth Avenue, Washington Heights

11:00 am on September 11, 2015 By Reid Wilson

Caerus Group is reportedly partnering with an undisclosed university to build an eight-story, 150-dorm-unit mixed-use building at 206-212 Wadsworth Avenue, in northern Washington Heights, three blocks from the 181st Street stop on the 1 train. The building will measure 105,000 square feet, and a Baptist church is planning to relocate to space on the ground floor. The existing three-story church will be demolished. If the university and developer can’t reach a deal, 80 residential units are planned, according to The Real Deal.

Fetching more...