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.
Affordable housing developer Phipps Houses is in contract to acquire the 300,000 square-foot, block-long property at 3301 Atlantic Avenue, in eastern Cypress Hill, for $38 million. The existing low-rise factory building is burnt-out following a fire in 2012.
Piermont Properties is looking to sell an assemblage of four properties spanning 72-01 – 72-25 Queens Boulevard and 72-30 – 72-38 45th Avenue, in eastern Elmhurst, for roughly $45 million. The current owner acquired the properties for a total $25 million over the past year, and the site could accommodate a 297,000 square-foot mixed-use building. A 10-year-old three-story, seven-unit building, a 2.5-story vacant home and three low-rise commercial buildings would likely be demolished. HFF is marketing the sites, according to The Real Deal.
CRE Development has filed applications for a 14-story, 48-unit mixed-use building at 45-24 Vernon Boulevard, in western Long Island City. The building will measure 52,500 square feet, and the first floor will have 4,570 square feet of commercial-retail. SHoP Architects is designing, and an existing single-story commercial building must first be demolished. The Real Deal was the first to report on the filings.