The Grand Hyatt New York next to Grand Central Terminal may soon be replaced. Developers TF Cornerstone and MSD Partners, L.P. recently announced their plans to redevelop the site in East Midtown, at 42nd Street and Lexington Avenue. The new mixed-use project would take the place of the existing building, adding 2 million square feet of retail and prime class A office space. In addition, the proposal also includes a new (but smaller) Grand Hyatt hotel.
Permits have been filed for an eight-story mixed-used building at 1031 Fulton Street in Clinton Hill, Brooklyn. Located on the corner of Fulton Street and Downing Street, the vacant lot is six blocks east of the Clinton-Washington Avenue subway station, serviced by the A and C trains. Daniel Kimya of Big Apple Developers is listed as the owner behind the applications.
Permits have been filed for a seven-story mixed-used building at 30-88 21st Street in Long Island City, Queens. Located between 30th Drive and 31st Avenue, the corner lot is six blocks west of the 30th Avenue subway station, serviced by the N and W trains. Dean Davaros under the Rio Davaroso Property LLC is listed as the owner behind the applications.
Permits have been filed for a five-story mixed-use building at 189-16 Hillside Avenue in Jamaica, Queens. Located between 189th Street and 190th Street, the corner site is a little over a half mile east from the Jamaica-179 Street subway station, serviced by the E and F trains. Sherajul Islam of Aryana Holdings, Inc. is listed as the owner behind the applications.
Dubbed “The Dime,” 277 South Fifth Street will be a new 264-foot tall residential tower in Williamsburg, Brooklyn. The reinforced concrete building is close to topping off behind the Dime Savings Bank landmark. The project sits on a 50,000 square foot site, almost an acre in size, and will span just over 350,000 square feet.