Construction is expected to begin soon on a seven-story mixed-use residential and commercial development at 33 Franklin Street in Greenpoint, Brooklyn. The 21,000-square-foot-lot has street frontage along Calyer Street, Quay Street, and Franklin Street and is also addressed as 82 Calyer Street. Yidel Hirsch is listed as the owner under the Franklin 33 LLC, and StudiosC is the filing architect as well as responsible for all exterior and interior design.
Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.
The Grace Baptist Church has big plans for the adjacent empty lot at Sixth Avenue and Second Street in Mount Vernon. Proposals are in the works for a 14-story building known as The Grace, yielding 267 apartments ranging from studios to three-bedroom units, parking below grade for 130 vehicles, ground-floor space for church conference rooms, and a catering hall. SLCE Architects is responsible for the design.
YIMBY attended a topping-out celebration yesterday afternoon at Olympia, a 26-story mixed-use residential edifice at 30 Front Street in DUMBO, Brooklyn. Developed by Fortis Property Group and designed by Hill West Architects with Workstead handling interiors, the 401-foot-tall tower is the tallest structure in the neighborhood and will yield 76 condominium units with sales and marketing led by Fredrik Eklund and John Gomes of the Eklund Gomes Team at Douglas Elliman and Karen Heyman at Sotheby’s. Olympia is situated on a relatively narrow triangular plot bound by Front Street to the north, Washington Street to the east, and York Street to the south. Urban Atelier Group is managing construction, Manhattan Concrete is creating the reinforced concrete superstructure, and King Contacting Group is in charge of the CMU work, exterior insulation finish systems, and roofing.
The affordable housing lottery has launched for 65 Graham Avenue, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by Bricolage Designs, the structure yields 5,567 square feet with eight residences and both commercial and community facility space. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,258 to $167,570.