Brooklyn-based property owner Haim Nortman has acquired, for $10.2 million, 27,500 square feet of air rights from a neighboring property for a mixed-use project planned at 362 West 125th Street, in Harlem. With the additional air rights, the site could accommodate up to 108,588 square feet of mixed-use development. The new building will include commercial space and residential units, Commercial Observer reported, although new building applications have not been filed at this time. The 12,475-square-foot site is occupied by a four-story LaGree Baptist Church. Demolition permits were filed in November. A construction timeline has not been disclosed.
Red Apple Group has filed applications for a 21-story, 311-unit mixed-use building at 3514 Surf Avenue, located between West 35th and 36th streets in the western end of Coney Island. The development would encompass 432,300 square feet and rise 185 feet to its roof. It would include 22,513 square feet of retail space on the ground floor, followed by apartments across the third through 21st floors. The apartments should average 969 square feet apiece. There will be a 254-car parking garage across the cellar through second floors, with residential amenities across the second through fourth floors. Goldstein, Hill & West Architects is the architect of record. The 69,848-square-foot site, encompassing an entire block, is vacant.
It has been over three months since we checked in on nightclub impresario turned real estate developer Ian Schrager’s residential building under construction at 160 Leroy Street, in the West Village. Since then, much has been accomplished.
Financial District-based Broad Street Development has filed documents with the state Attorney General’s office that details the offering plan for its 12-story, 61-unit mixed-use project at 308 Mulberry Street, located on the corner of Bleecker Street in NoHo. The estimated sellout was valued at $288.5 million, The Real Deal reported. The latest building permits, approved by the Buildings Department in August, indicate the new building will encompass 182,166 square feet and stand 147 feet to its roof, not including bulkhead elements.
Florida-based Real Estate Inverlad Development and South Carolina-based Third Palm Capital have filed applications for a 32-story, 83-unit mixed-use tower at 249 East 62nd Street, located in the Lenox Hill section of the Upper East Side. The new building would encompass 145,130 square feet and stand 510 feet in height. Retail space will measure 2,561 square feet across the ground and cellar levels, followed by 83 residential units across the ground through 29th floors. The apartments should average 1,188 square feet apiece. Rafael Viñoly’s Hudson Square-based architecture firm is the architect of record, the Real Deal reported. The 8,765-square-foot site is presently vacant.