Springhouse Partners has acquired, for $55 million, the six-story, 56-unit mixed-use building at 51 Irving Place, located on the corner of East 17th Street in Gramercy. The 42,502-square-foot property contains about 10,000 square feet of commercial space, which is currently split between five retail units and a single office unit. The residential units above are rental apartments, most of which are market-rate. The new owners plan to conduct renovations, according to The Real Deal. Work will include upgrades to the façade and interiors, and the addition of residential amenities. The apartments will remain as rentals. The property could also accommodate a small expansion, as it contains 5,000 square feet of air rights, although such plans to build an expansion are not known. Springhouse Partners recently secured a $37 million mortgage to finance the acquisition.
A rendering for a new Lower Manhattan skyscraper by architect Thomas Juul-Hansen has appeared on the YIMBY Forums. The building is located on the corner of White and Centre streets, at 137 Centre Street, just to the east of TriBeCa. Juul-Hansen’s rendering would indicate the potential for a 60-story building on a 5,100-square-foot lot. The tower would be located on a site that has significant air rights within its own block, with 75,530 square feet remaining atop the landmarked Fire Engine Company No. 31 at 87 Lafayette Street, and an additional 81,940 square feet atop 139 Centre Street. If the existing nine-story municipal office building at 137 Centre is demolished, the available air rights would total 208,470 square feet. Per the EDC, “Negotiations around the 137 Centre Street RFP are ongoing, and this rendering does not accurately reflect the project under consideration. NYCEDC looks forward to announcing a developer selection in the coming months.”
In August of 2015, YIMBY revealed new renderings of the 39-story, 640-unit mixed-use project planned at 10 Huron Street and 19 India Street (a.k.a. 145-155 West Street), in Greenpoint, located five blocks from the Greenpoint Avenue stop on the G train. Now the tower portion, at 10 Huron, is four stories above street level, while the foundation is complete where the six-story portion will go at 19 India, as seen in photos by NyConstructionPhoto. The entire complex will encompass 716,982 square feet. Across both buildings, there will be a total of 19,324 square feet of ground-floor retail space, in addition to a 3,802-square-foot medical office. The residential units should average 894 square feet apiece, of which 128 will be rented at below-market rates through the housing lottery.
Leroy Blake, doing business as an anonymous Queens-based LLC, has filed applications for four three-story residential buildings at 98-03 37th Avenue and 35-53 – 35-57 98th Street, in North Corona, located four blocks from the Junction Boulevard stop on the 7 train. They will vary in size, measuring between 3,240 to 3,960 square feet each. The two closest to 37th Avenue will contain ground-floor retail space and a single unit on each of the upper floors. The other two will contain three units each. Across the entire development, the full-floor apartments should average 899 square feet apiece, while the retail units should average 616 square feet apiece. Chang Hwa Tan’s Flushing-based Tan Architect is the architect of record. A two-story house on the corner must first be demolished.
In December of 2015, YIMBY reported on the topping out of the 17-story, 278-unit residential building underway at 550 Vanderbilt Avenue, in Prospect Heights. Now, the structure, which is one of 17 buildings within the Pacific Park mega-development, is having its façade and windows installed, Brownstoner reports. The structure encompasses 359,625 square feet. It includes a 4,731-square-foot ground-floor retail component, and its residential units, which are condominiums, should average 1,173 square feet apiece. The units will come in studio to four-bedroom configurations. Amenities include a library, a lounge with outdoor terraces, a private dining room, a fitness center, a children’s playroom, a landscaped roof deck, an interior communal garden, and an underground parking garage. A partnership between Forest City Ratner Companies and Greenland USA are developing, while COOKFOX Architects is designing. Completion is expected later this year.