L+M Development and the owners of J&R Music are pushing forward with plans to erect a 54-story, mixed-use tower at 23 Park Row, across the street from City Hall Park in the Financial District.
Last September, L+M Development filed plans for a 12-story affordable rental building on a vacant lot next to St. Barnabas Hospital in the Belmont section of the Bronx. Now the hospital is developing a large residential project with two towers on another empty plot at 4507 Third Avenue, between 182nd and 183rd streets.
In Early 2015, YIMBY revealed renderings of L+M Development Partners’ planned seven-story, 50-unit mixed-use building at 260 West 153rd Street, in Harlem. Since then the project has wrapped up construction, according to DNAinfo. The 75,484 square-foot structure is completely clad in brick façade and its windows have been installed. There will be 14,331 square feet of community facility space on the ground and second floors, which will be occupied by a day care and offices for a local community organization. The apartments above will all rent at below market-rates. Thirty-four of them – studios, one-, and two-bedrooms – are already listed on the affordable housing lottery. Curtis + Ginsberg Architects is behind the design and occupancy is expected within the coming months.
In late 2014, YIMBY revealed renderings of the planned seven-story, 164-unit mixed-use building at 149 Kent Avenue, in northern Williamsburg, located four blocks from the Bedford Avenue Station on the L train. The project has now topped out and much of the curtain wall is also installed, as seen in photos courtesy of Tectonic. The building will measure 220,996 square feet in total, 129,522 square feet of which will be residential space. That means rental units will average 790 square feet apiece. The ground floor will contain 14,588 square feet of retail space in total across three separate units. Completion is expected sometime later this year, with 20 percent of the units renting at below market-rates. Global Design Strategies is designing and L+M Development is the developer.
Now that construction is getting underway on two buildings within the Essex Crossing mega-development on the Lower East Side, Site 6, located at 175 Delancey Street, will probably be the next to get started. Planned is a 14-story, 100-unit mixed-use building that will measure 177,950 square feet. New York University’s Langone Medical Center announced last summer it would be taking space in the new building, and The Lo-Down now reports a 15-year lease deal has been finalized for 55,000 square feet across three floors. The four-story podium will also contain 6,000 square feet of retail space. In addition, a 13,000 square-foot senior center will take up the fourth floor and will include a coffee shop called Think Grand Cafe. There will be 24,000 square feet of space for an education facility, although a tenant has not been selected. The base will be topped by a 4,000 square-foot outdoor garden and a 100-unit apartment tower. The residential units above will be rented exclusively to seniors.
