Commercial

150-15 Barclay Avenue

Five-Story Mixed-Use Commercial Building Planned At 150-15 Barclay Avenue, Murray Hill, Queens

3:00 pm on August 24, 2015 By Reid Wilson

Yong Lee, head of Flushing-based HWL Management, has filed applications for a five-story, 14,732 square-foot commercial building at 150-15 Barclay Avenue, in Murray Hill, Queens, located a block from the Murray Hill LIRR station. The first and second floors will contain 4,315 square feet of offices, and 14,732 square feet of health care facilities will take up the third through fifth floors. Flushing-based Kyu Myeon Lee is the architect of record, and an existing 2.5-story home must first be demolished.

189-08 Northern Boulevard

Three-Story Retail & Medical Building Coming To 189-08 Northern Boulevard, Auburndale

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

Bayside-based Medipia Realty has filed applications for a three-story mixed-use commercial building at 189-08 Northern Boulevard, in Auburndale, located three blocks from from the Auburndale LIRR station. The building will total 14,226 square feet, and will include 3,143 square feet of retail space (for two units) on the ground floor. In the cellar, second and third floors, heath care facilities will take up the remaining square-footage. Suk Hwan Kim’s Flushing-based “Design Group In H&K” is the applicant of record, and an existing single-story dining establishment must first be removed.

14 53rd Street

Office Conversion Underway At 14 53rd Street, Seven-Story Industrial Building In Sunset Park

2:00 pm on August 12, 2015 By Reid Wilson

Madison Realty Capital has closed on the seven-story, 400,000 square-foot industrial building at 14 53rd Street, in Sunset Park on the waterfront, for $82.5 million, according to Crain’s. The building, located four long-blocks from the R train’s 53rd Street stop, is being renovated to accommodate office and manufacturing tenants. The renovations will include exterior and interior upgrades, as well as a roof deck.

46-74 Gansevoort Street

Eight-Story Commercial Redevelopment Planned At 46-74 Gansevoort Street, Meatpacking District

10:00 am on August 7, 2015 By Reid Wilson

William Gottlieb Real Estate and Aurora Capital Associates are planning to redevelop the low-rise market buildings spanning 46-74 Gansevoort Street, in the Meatpacking District, according to The Villager. Plans, filed this past June, call for an eight-story building at 70-74 Gansevoort, and expansions to three and four stories to existing two-story buildings at 60-68 Gansevoort.

Demolition of the structures at Nos. 50 and 70-74 is the first step, and any alteration or removal will have to be approved by the LPC. The properties are zoned for hotels, offices, retail and light manufacturing, and roughly 111,000 square feet of space is proposed. BKSK is the architect of record.

260 11th Avenue

Seven-Story Otis Elevator Building Slated For Office Conversion, 260 11th Avenue

10:00 am on August 5, 2015 By Reid Wilson

Vornado Realty Trust has purchased the seven-story Otis Elevator Building at 260 11th Avenue, in West Chelsea, for roughly $80 million in stock units, according to Bloomberg Business, and is leasing the land under the building for 99 years. Vornado is planning to convert the building into office space; an expansion is also possible as the building has available development rights.

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