L+M Development and Hornig Capital Partners have filed applications for a 12-story, 133-unit mixed-use building at 4439 Third Avenue in Belmont, between East 181st and 182nd Streets. All of the residential units will rent at below-market rates, and average a relatively spacious 955 square feet apiece. Another 11,425 square feet of communal facility space will operate on the ground floor, and Dattner Architects is designing.
Back in January, YIMBY revealed renderings of Essex Crossing‘s 14-story mixed-use building planned at 175 Delancey Street, on the Lower East Side, where 100 units of senior housing will rise above a four-story podium. Now, NYU’s Lagone Medical Center has disclosed that a 40,000 square-foot medical facility will span three floors in the base, The Lo-Down reports.
At the beginning of the year, YIMBY revealed the first few buildings in the Essex Crossing development on the Lower East Side, including the 24-story, 195-unit mixed-use building planned at 115 Delancey Street/80 Essex Street. In the spring, demolition was underway to remove the old Essex Street Market building, and now excavation appears imminent, per Bowery Boogie. Handel Architects is designing, and a Regal movie theater, the Essex Street Market, and an urban farm will occupy the building’s base. Completion is expected in 2018.
Nelson Management Group and L+M Development Partners are conducting a top-down renovation of the 32-story, 318-unit former affordable housing tower at 150 West 225th Street, in Manhattan’s Marble Hill. The outdoor deck abutting Spuyten Duyvil Creek will receive an extensive overhaul, featuring green space and cabanas. Dubbed The Promenade, the majority of the units are currently rent stabilized, but units are allowed to be converted into market-rate rentals if vacated, according to the Daily News. Renovations should wrap by 2016.
L+M Development Partners, along with a slew of other partners and investors, are currently converting the four-story, 400,000 square-foot Hahne & Co. building, located at 609 Broad Street, in downtown Newark, into a mixed-use structure. 160 residential units are being sculpted out of the upper levels, and 75,000 square feet of retail will occupy the ground floor, which includes a 30,000 square-foot Whole Foods.