Manhattan

46-74 Gansevoort Street

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

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.


200 Amsterdam Avenue

Bedrock Tests Underway At 200 Amsterdam Avenue, Lincoln Square

Bedrock exploration is now taking place at 200 Amsterdam Avenue, near 70th Street in Lincoln Square, according to West Side Rag. Earlier this year, the site — which has 388,000 square feet of development rights — was placed on the market with an asking price of more than $400 million. It’s unknown who exactly is behind the tests, as a developer and architect have not been disclosed. Demolition permits for the existing structure have not yet been filed.


540 West 38th Street

Chetrit Group To Develop 540 West 38th Street After Receiving Acquisition Loan, Midtown West

After Chetrit Group landed a $60 million acquisition and pre-development loan for their development site spanning 541-545 West 37th Street, in Midtown West, the developer is planning to move forward with their plans, which YIMBY reported on nearly a year ago. The site boasts 373,000 square feet of building potential, and conceptualized as a 50-story mixed-use tower featuring 100 residential units and 350 hotel rooms. Two three-story buildings must first be demolished. 


260 11th Avenue

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

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.


426 East 58th Street

Air Rights Assembled For 900’+ Condo Tower At 426 East 58th Street, Midtown East

Bauhouse Group has acquired 109,000 square feet of additional air rights for their development site spanning 426-432 East 58th Street, in Midtown East, for $37.9 million. The most recently released plans depict a 95-unit Foster + Partners-designed condominium tower, measuring 268,000 square feet and standing over 900 feet tall. The developer is moving forward with an as-of-right project, according to The Real Deal.


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