Construction is wrapping up on the six-story, 10-unit residential project under development at 313 West 117th Street, in Harlem. The structure can be seen in an update by Harlem+Bespoke. The latest building permits indicate the new building measures 11,910 square feet and rises 75 feet. The residential units should average 985 square feet apiece, which means either rentals or condominiums could be in the works. Walter Marin’s Midtown South-based Marin Architects is the architect of record and an anonymous Woodside-based company is the property owner. Occupancy can likely be expected in the coming weeks or months.
Morris Dweck, doing business as Brooklyn-based DII Enterprises, is planning to renovate and restore parts of the façade on the single-story, 10,000-square-foot commercial-retail building at 36-01 Broadway, located on the corner of 36th Street in Astoria. The project also includes combining the corner property with the single-story retail building at 36-11 Broadway. The corner building is very likely a former Childs Restaurant location, DNAinfo reported, which prompted local historical preservation organizations to urge the property owner to retain the building’s exterior details. The effort was successful and Midtown South-based Marin Architects is designing a renovation that respects existing design elements. The façade will be made mostly of brick and limestone. Completion is expected later this year.
A 220-foot-tall office development is set to replace two smaller buildings – one mixed-use and the other commercial – in Midtown’s tiny Diamond District. New building applications were filed Friday for the 17-story building at 43 West 47th Street, between Fifth and Sixth avenues.
In April, news broke that Istanbul-based Gulaylar Group entered into contract to acquire the entire 90,000-square-foot office portion of the 20-story, 115,000-square-foot multi-use commercial building at 685 Fifth Avenue, on the corner of East 54th Street in Midtown. The deal includes the development rights to vertically expand the building by five stories. Those air rights were made available after property owners General Growth Properties and Thor Equities repositioned the building’s three stories of retail space, which now measures 23,400 square feet and is being made into Coach’s flagship store. Now, Gulaylar has disclosed plans to convert the office portion they are buying, along with the future expansion, into a 90-key boutique hotel, The Real Deal Reports. Five hotel chains, including Oetker Collection, AccorHotels, and LVMH’s Cheval Blanc, are currently in negotiations with the developer. The building’s remaining office tenant is moving out in August. Walter Marin’s Midtown-based Marin Architects is the architect of record for the expansion.
Earlier this week, YIMBY reported on applications to expand, by five stories, the 20-story, 115,000-square-foot multi-use commercial building at 685 Fifth Avenue, located on the corner of East 54th Street in Midtown. It was previously reported that Michael Shvo was in contract to acquire, from property owners General Growth Properties and Thor Equities, 90,000 square feet of office space (the entire office portion). That deal has since fallen through, and now, Gulaylar Group is in contract for the office space, according to The Real Deal. As part of the deal, the new owner will also develop the five-story office expansion. The sale is expected to close later this year. The lower portion of the building is currently undergoing a retail redevelopment. Its 23,400 square feet was leased to Coach in February and will become the retailer’s flagship store.