Commercial

Six-Story, 44,400-Square-Foot Self-Storage Facility Filed at 428 East 92nd Street, Upper East Side

12:00 pm on December 7, 2016 By Reid Wilson

Reston, Virginia-based SJM Partners has filed applications for a six-story, 44,432-square-foot self-storage facility at 428 East 92nd Street, in the Yorkville section of the Upper East Side. The new building will contain 35,790 square feet of commercial space, with storage units across the cellar through sixth floors. Offices will be located on the ground floor, where there will also be a two-car garage and a loading dock. Virginia-based Butz Wilbern LTD is the applicant of record. The 75-foot-wide, 7,532-square-foot lot is occupied by a two-story parking garage. Demolition permits have not been filed.

51-Story, 761-Foot-Tall Office Tower 55 Hudson Yards Rises to 17 Floors

8:00 am on December 6, 2016 By Reid Wilson

Construction is now 17 floors above street level on the 51-story, 1,269,852-square-foot office tower under development at 55 Hudson Yards, located on Eleventh Avenue between West 34th and 35th streets in the Hudson Yards district. Progress, including façade installation, can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the tower’s curtain wall will rise 761 feet above street level, with the top of the bulkhead rising 18 feet higher.

Proposal for 771 Washington Street, by BKSK Architects

Refinement Required for Landmarks to Approve Redevelopment of 771 Washington Street, West Village

7:30 am on December 6, 2016 By Evan Bindelglass

A nearly century-old garage in the West Village could almost double in size, but the Landmarks Preservation Commission first needs to approve it. Before that can happen, the proposed expansion of 771 Washington Street will need to be refined, the commission said last Tuesday.

Developers File to Convert Eight-Story Industrial Building at 47 Hall Street Into Office Space, Clinton Hill

11:00 am on December 5, 2016 By Reid Wilson

RXR Realty and Westbrook Partners have filed applications to convert the eight-story, 665,901-square-foot industrial complex at 47 Hall Street, located on the corner of Park Avenue in northern Clinton Hill, into office space. Sections of the basement and first floors will contain retail space, a restaurant, office amenities, and a 31-car parking garage. Office space will fill other parts of the first floor, as well as the entirety of the second through eighth floors. A ninth-floor penthouse expansion is also indicated. In total, the complex will contain 528,301 square feet of commercial space, The Real Deal reported. Marvel Architects is serving as the architect of record.

Former Pearl Paint Building’s Redevelopment Stalled at Landmarks

7:30 am on December 5, 2016 By Evan Bindelglass

Pearl Paint, an icon at the northern edge of TriBeCa, closed over two years ago, pushed out because the rent was too high. The larger of its buildings, at 304-306 Canal Street, is already under redevelopment. Now, the Landmarks Preservation Commission is overseeing the redevelopment of 308-310 Canal Street. The agency held a public hearing on it last Tuesday, but no approval was granted.

160,000-Square-Foot Mixed-Use Tower Planned at One Boerum Place, Downtown Brooklyn

1:00 pm on December 2, 2016 By Reid Wilson

An investment group has acquired, for $76.5 million, Brooklyn Law School’s four-story, 40,000-square-foot office building at One Boerum Place, located on the corner of Fulton Street in Downtown Brooklyn. The group includes Avery Hall Investments, Allegra Holdings, and Aria Development Group, the Wall Street Journal reported. Although plans are not final, the development team expects to build a 160,000-square-foot mixed-use tower at the site. The project would include residential units and commercial space, possibly in the form of retail and/or offices. Demolition permits have not been filed for the 13,290-square-foot site’s current building, although groundbreaking is expected sometime next year.

Landmarks Approves Expansion of Hamilton-Holly House in the East Village

7:00 am on November 30, 2016 By Evan Bindelglass

Changes are on the way to a piece of Alexander Hamilton’s familial legacy. On Tuesday, the Landmarks Preservation Commission approved work to be done at the Hamilton-Holly House. However, the changes won’t be exactly what was proposed, particularly on the house’s rear.

Renovation Planned for 14-Story, 114,000-Square-Foot Commercial Building at 817 Broadway, Greenwich Village

6:30 am on November 28, 2016 By Reid Wilson

Taconic Investment Partners, TH Real Estate, and Squire Investments have acquired, for $109 million, the 14-story, 114,000-square-foot commercial building at 817 Broadway, located on the corner of East 12th Street in Greenwich Village. The new owners plan to let the leases of existing office and retail tenants expire so that a top-down renovation can begin, Real Estate Weekly reported. The building would get a redesigned lobby, a complete façade restoration, renovated retail and office space, and upgraded mechanical infrastructure. A construction timeline has not been disclosed. A $102 million acquisition and construction loan has already been secured.

Renovation Project Underway On 41-Story Mixed-Use Tower At 3 Park Avenue, Midtown South

3:00 pm on November 22, 2016 By Reid Wilson

The 41-story, 977,745-square-foot mixed-use tower known as 3 Park Avenue, located between East 33rd and 34th streets in Midtown South, is set to receive a $30 million renovation. The 556-foot-tall tower’s lobby will be redesigned, the exterior will be modernized, and its 25,000 square feet of retail will see renovations. Other aspects of the project include renovations to the hallways and common areas, and upgraded mechanical infrastructure, Commercial Observer reported. Pelli Clarke Pelli Architects is designing the renovation, with AREA Architects responsible for redesigning the lobby.

Reveal For Four-Story, 19,000-Square-Foot Commercial Building Planned At 286 Lenox Avenue, Harlem

6:30 am on November 21, 2016 By Reid Wilson

Last week, applications were filed for a four-story, 18,987-square-foot commercial building at 286 Lenox Avenue, located between West 124th and 125th streets in Harlem. A rendering of the project has since surfaced, courtesy of Harlem+Bespoke. Staten Island-based Gambino+LaPorta Architecture is behind the design. There plan includes retail space on the ground floor and office space on the second, third, and fourth floors. The rendering indicates Sephora, a French cosmetic company, may set up shop in the building, although nothing has been confirmed. An anonymous Midtown East-based LLC is the property owner. A two-story building must first be demolished.

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