Commercial

124 East 14th Street

High-Tech Office Building Planned at 124 East 14th Street, Union Square

7:00 am on December 23, 2016 By Reid Wilson

The New York City Economic Development Corporation has selected RAL Development Services to develop a high-tech office building at 124 East 14th Street, near Union Square. Civic Hall, an organization that describes itself as a “collaborative innovation center,” will anchor the new building, Politico reported. It’s unclear whether the project will include other uses. The 15,450-square-foot site, occupied by a vacant, two-story commercial building, can accommodate up to 92,700 square feet of commercial space. An additional 46,350 square feet of space could be built as residential or community facility space. Demolition permits have not been filed.

31-00 47th Avenue

Renovation, Ground-Floor Retail Planned for Five-Story Office Building at 31-00 47th Avenue, Long Island City

6:30 am on December 23, 2016 By Reid Wilson

Savanna has closed on the purchase, for an undisclosed sum, of The Falchi Building, a five-story, 711,000-square-foot commercial building at 31-00 47th Avenue, in Long Island City’s Blissville section. It was earlier reported that the developer was in contract for more than $255 million, Commercial Observer reported. The new owner plans to conduct a $35 million renovation on the property. Retail will be installed on the ground floor, while the office spaces throughout the rest of the structure will be modernized. Improvements include new amenities, upgrades to infrastructure and common areas. The building is currently 90 percent leased.

100 Colden Street

12-Story, 128-Unit Mixed-Use Building Proposed at 100 Colden Street, Jersey City

4:30 pm on December 21, 2016 By Reid Wilson

Pegasus Enterprises is proposing a 12-story, 128-unit mixed-use building at 100 Colden Street, located on the corner of Bates Street on the western edge of Jersey City’s downtown area. The project includes 28,650 square feet of retail space and 60,000 square feet of self-storage space, Jersey Digs reported. It also features a 168-car parking garage. It’s not clear whether the apartments would be rentals or condominiums. Hoboken-based Minervini Vandermark Architecture is responsible for the design. The development site consists of four lots, occupied by a collection of dilapidated warehouses and a townhouse. The city’s Planning Board must approve the project.

75-28 Queens Boulevard

Two-Story, 107,100-Square-Foot Storage Building Planned at 75-28 Queens Boulevard, Elmhurst

6:00 am on December 20, 2016 By Reid Wilson

TVG Partners has filed applications for a two-story, 107,115-square-foot storage building at 75-28 Queens Boulevard, located between Kneeland and Jacobus streets in Elmhurst. The commercial building will feature storage space across two below-grade levels as well as both above-grade floors. It’s unclear what exactly will utilize the 30-foot-tall facility, although a self-storage business is most likely. The project will come with four off-street parking spaces, four loading berths, and accessory office space. Frank G. Relf’s Long Island-based firm is the architect of record. The 38,549-square-foot site is occupied by a single-story commercial building. Demolition permits have not been filed.

1041 Flushing Avenue

Four-Story, 8,569-Square-Foot Commercial Building Planned at 1041 Flushing Avenue, East Williamsburg

11:30 am on December 19, 2016 By Reid Wilson

A Brooklyn-based company has filed applications for a four-story, 8,569-square-foot commercial building at 1041 Flushing Avenue, on the southern end of East Williamsburg. The ground and cellar levels will contain a 2,100-square-foot restaurant, followed by a 4,369-square-foot daycare center across the second through fourth floors. Syed Rizvi’s Long Island-based Rike Tech Associates is the applicant of record. The 25-foot-wide, 2,695-square-foot lot is vacant. The Morgan Avenue stop on the L train is six blocks away.

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