Last week, Extell Development acquired the last development site of the CityPoint project at 138 Willoughby Street, in Downtown Brooklyn, in a $115.5 million deal. Extell is technically leasing the 21,500 square-foot site, and the developer is planning to construct a 665,000 square-foot mixed-use tower. A four-story, 65,000 square-foot retail base is part of the deal, and Washington Square Partners and Acadia Realty Trust will own that portion.
Witkoff Group’s and Fisher Brothers’ Kohn Pedersen Fox-designed luxury tower, planned for Tribeca at 101-111 Murray Street, has been amended to have 157 residential units, up from 139 stated in the original application. Despite an erroneous report, YIMBY has news that the 62-story tower will actually stand 822 feet above the street, merely 35 feet below the outdated 857-foot proposal. The 372,000 square-foot building will include a nearly 2,100 square-foot retail portion on the ground floor, and completion is expected in 2017.
Applications filed in mid-2014 have been approved for 139-141 Bowery between Broome and Grand Streets, where Global Joint Venture’s plans an 11-story, 16-unit mixed-use building. Measuring 34,900 square feet, retail space will occupy the ground floor, while office space will take up floors two through five. A 550 square-foot medical facility will also be located on the second floor; residential units will occupy floors six and above. Three-story buildings currently occupy the site, and Raymond Chan is designing.
In March, YIMBY checked in on the construction of AvalonBay’s 57-story, 861-unit mixed-use building going up at 100 Willoughby Street, in Downtown Brooklyn, and now Brownstoner notes cladding is wrapping up around the upper levels of the nearly topped-out structure. Dubbed AVA DoBro, the tower will have 15,000 square feet of retail space in its base, and the first six residential floors should be ready for move-ins by September; the entire building will open in early 2016, and SLCE is designing.
YIMBY noted in April that Naftali Group’s 18-story, 25-unit luxury condo building Two Ten West 77, in the works on the Upper West Side at 210 West 77th Street, was nearly half-way sold out. Now, the building is 65% sold, with sales totaling nearly $110 million in under eight weeks. Thomas Juul-Hansen is designing, and completion is expected by the end of 2016.