Commercial

Commercial-Retail Conversion Planned For 4.5-Story Property At 11 Bond Street, NoHo

6:00 am on December 4, 2015 By Reid Wilson

Aby Rosen’s RFR Realty has filed applications to convert and expand the 4.5-story building at 11 Bond Street, in NoHo, into a commercial property fit for a single retail tenant, according to Bowery Boogie. The 16,410 square-foot building, which also goes by 348 Lafayette Street, is currently a women’s shelter operated by the Center of Urban Community Services. Annabelle Selldorf is designing the project, which would require approval from the Landmarks Preservation Commission. Aby Rosen acquired the property for $26 million over the summer.

Seven-Story Storage Facility Planned At 3024 Cropsey Avenue, Coney Island

2:00 pm on November 23, 2015 By Reid Wilson

Chris Lynch, of Queens-based Storage Deluxe, has filed applications for a seven-story, 157,424 square-foot storage facility at 3024 Cropsey Avenue, on Coney Island, five blocks from the Stillwell Avenue D/F/N/Q stop. The facility will be equipped with six loading berths, according to the Schedule A, and Virginia-based Butz Wilbern LTD is the applicant of record. Existing industrial structures must first be demolished.

Landmarked Two-Story Building At 360 3rd Avenue Gets Renovations, Gowanus

3:00 pm on November 18, 2015 By Reid Wilson

Early last year, The Brooklyn Paper reported the landmarked two-story building at 360 3rd Avenue, in Gowanus, was falling into neglect by its owners, who previously agreed to restore the building. Now, the structure finally appears to have received work, Curbed reports. The building has received an artificial white-stone façade, although interior work is likely still underway. No known tenants have planned to lease the property yet, although the building is also on the market to be sold.

Three-Story Mixed-Use Commercial Project Planned At 1693 Flatbush Avenue, Flatlands

1:00 pm on November 18, 2015 By Reid Wilson

Property owner Avraham Tarshish has filed applications for a three-story, 8,600 square-foot mixed-use commercial building at 1693 Flatbush Avenue, in Flatlands, six blocks from the 2 and 5 trains’ stop at Flatbush Avenue/Brooklyn College. The project will have 4,131 square feet of retail space on the ground and second floors, in addition to a 4,469 square-foot health care facility on the second and third floors. Richard Walsh’s Brooklyn-based Citiscape Consulting is the applicant of record.

20-Story Office Building At 40 Exchange Place To Get Renovations & Retail Space, Financial District

6:00 am on November 18, 2015 By Reid Wilson

Newmark Holdings and Northwind Group have purchased the 20-story office building at 40 Exchange Place, in the Financial District, for $115 million, according to Crain’s. They plan to renovate the property to accommodate small to mid-sized office tenants. Renovations will include significant changes to the lobby and the building’s common spaces, as well as the addition of retail space on the ground floor. Natixis Real Estate provided a $65 million acquisition loan and a $16.5 million construction loan.

Commercial Renovation Underway At Brooklyn Navy Yard’s 16-Story, One-Million Square-Foot Building 77

1:00 pm on November 16, 2015 By Reid Wilson

Back in July, details were revealed of the planned renovation of Brooklyn Navy Yard’s Building 77 — a 16-story, one million-square-foot industrial building — and now Brownstoner reports work is well underway. Retail space is planned on the ground floor, along with a 60,000 square-foot public food hall, and the floors above will be leased to commercial and manufacturing tenants. Beyer Blinder Belle and Marvel Architects are designing the city-funded project, which is expected to open for business in the second half of 2016.

New Owners Plan Office Conversion Of Nine-Story Industrial Building At 47 Hall Street, Clinton Hill

6:30 am on November 13, 2015 By Reid Wilson

RXR Realty and Westbrook Partners are in contract to purchase the nine-story, 700,000 square-foot former industrial building at 47 Hall Street, in northern Clinton Hill, for more than $160 million, Crain’s reports. Parts of the building are currently rented out as art studios and creative offices, but the eventual new owners plan to convert the structure into modern creative offices; renovations include ground-floor reconfigurations and new outdoor terraces. Landlord Ruby Schron and the Fruchthandler family are the current owners.

Two-Story Commercial Conversion Underway At 290 Grand Street, Lower East Side

4:00 pm on November 9, 2015 By Reid Wilson

A two-story building on the Lower East side is being converted into 4,288 square feet of commercial space. Cheuk Fan Cheung, doing business as an anonymous LLC, is behind the project at 290 Grand Street, according to Bowery Boogie. The ground floor will continue to house retail space while the second floor is being rebuilt as office space. A new façade appears to be in the works, and Jianxiong Wang’s JW Engineering Consulting is the applicant of record. Completion is expected in the spring of 2016.

Three-Story, 139,000 Square-Foot Self-Storage Facility Planned At 5002 Second Avenue, Sunset Park

1:00 pm on November 6, 2015 By Reid Wilson

Banner Development has filed applications for a three-story, 139,264 square-foot self-storage facility at 5002 Second Avenue, in Sunset Park, located two blocks in from the New York Harbor. The operational commercial space will span roughly 82,510 square feet in the building, and the basement floor will also be used for storage. Frank Relf, based on Long Island, is the architect of record, and an existing block-thru warehouse must first be demolished.

Four-Story, 16,500 Square-Foot Commercial Project Tops Out At 139 Ludlow Street, Lower East Side

3:00 pm on November 4, 2015 By Reid Wilson

Princeton Holdings’ vertical expansion of a former three-story building at 139 Ludlow Street, on the Lower East Side, has topped-out, according to Bowery Boogie. The building has gained a fourth floor and now measures 16,500 square feet, and new masonry is also currently being installed. The building will be entirely commercial, and features a rooftop terrace. Lee Levine, based in Hoboken, New Jersey, is the architect of record, and completion can probably be expected early next year.

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