Chicago-based L3 Capital has filed applications for a two-story, 4,790-square-foot commercial-retail building at 91 North 6th Street, in northeastern Williamsburg. The project, to rise 43 feet in height, will host 4,250 square feet of commercial space across the ground and second floors. There will be storage space in the cellar. Midtown East-based Kenneth Park Architects is the architect of record. The 25-foot-wide, 2,500-square-foot lot is vacant. It currently connects to another vacant lot on the other side of the block, although the new building will be restricted to the 6th Street side.
A pair of over century-old combined buildings in SoHo are on their way back to commercial use. Last Tuesday, the Landmarks Preservation Commission approved a proposal for 61-63 Crosby Street.
Chicago-based L3 Capital has filed applications for a two-story, 5,350-square-foot commercial-retail building at 89 North 6th Street, in Williamsburg. The project, to rise 43 feet above street level, will host 4,250 square feet of retail space across the ground and second floors. The cellar will contain accessory storage space. Midtown East-based Kenneth Park Architects is the architect of record. The 25-foot-wide, 2,500-square-foot property is currently occupied by a four-story tenement building. Demolition permits have not been filed. The Bedford Avenue stop on the L train, expected to cease service into Manhattan for 18 months starting as early as 2019, is located two blocks away.
Chicago-based L3 Capital has acquired the four-story, 20,600-square-foot mixed-use property at 61-63 Crosby Street, in SoHo, for $42 million. The new owner plans to convert the building into office space, although the ground-floor will remain as retail space. The co-op building has seven apartments, which will all be vacated before the sale closes, according to The Real Deal. The property comes with 3,300 square feet of air rights, which could be used in an expansion. Any alterations to the buildings will have to be approved by the Landmarks Preservation Commission because they sit within the SoHo-Cast Iron Historic District Extension.