The landmarked, Neo-Renaissance office building at 140 West 57th Street is about to become condos, bringing even more pricey apartments to Billionaires’ Row.
United American Land is currently converting the top five floors of the Offerman House, an eight-story commercial building and individual landmark at 248 Duffield Street in Downtown Brooklyn, into 121 residential units. The units will be rental apartments ranging from studios to three-bedrooms, the New York Times reported. The lower floors of the property are currently leased to retailers, including Nordstrom Rack and Old Navy. GreenbergFarrow is designing the conversion. Occupancy is expected in the spring of 2017.
An anonymous Floral Park, N.Y.-based LLC has filed applications for a six-story, 10-unit mixed-use building at 147-07 88th Avenue, in downtown Jamaica. The project will measure 13,578 square feet. It will feature a 484-square-foot retail space on the ground floor, followed by residential units on the second through sixth floors. The apartments should average 1,309 square feet apiece, which suggests condominiums are likely in the works. Manish S. Savani’s Jamaica-based architecture firm is the architect of record. A two-story building must first be demolished. Permits were filed to do so in August.
In 2015, Fortis Property Group laid out plans to redevelop the Long Island College Hospital property, located on several blocks in Cobble Hill. One proposal was for as-of-right development, while the other required an individual rezoning, approved through the city’s Uniform Land Use Review Procedure (ULURP). The developer has decided to move forward with the as-of-right plan, which will not include any affordable residential units, Politico reported.
The Ascend Group has acquired the eight-story, 44,000-square-foot former nursing home and individual landmark at 228 East Broadway, the four-story, 16,000-square-foot office building at 232 East Broadway, and the vacant plot at 226 East Broadway, all for $47.5 million. Plans for the Lower East Side assemblage have not been disclosed, although the Lo-Down has obtained a feasibility study on the site, by Space4Architecture, that includes two new 13-story mixed-use buildings.