L+M Development Partners’s mixed-use conversion of the four-story, 400,000-square-foot Hahne & Co. building, located at 609 Broad Street, at the corner of New Street in downtown Newark, is in the final stages of construction. Photos of the construction progress can be seen in a Jersey Digs report. Construction appears to have wrapped on the outside of the existing four-story structure, which will contain a mix of residential, retail, office, and community space. A new nine-story building — located at the corner of Halsey and New streets — is currently receiving its façade. The new construction component will feature ground floor retail space and residential units above. Between the two building, there will be 75,000 square feet of retail space, 160 apartments (40 percent of which will be set aside as affordable housing), and 100,000 square feet of community and community use space (50,000 square feet of which will be institutional and dedicated to Rutgers University). Whole Foods Market is expected to open their new 30,000-square-foot store in the building in 2017, which is when the rest of the project should be complete.
Now that exterior work has completed on 50 West Street – the 64-story, 191-unit mixed-use tower dubbed simply “50 West” under development in the Financial District – crews are now focused on building a 6,800-square-foot public plaza around the base of the building and a pedestrian bridge over West Street (a.k.a. the West Side Highway). Renderings of the spaces have been revealed by the Wall Street Journal. The 24-hour plaza will feature an art gallery, a café, vegetation, and seating. The pedestrian bridge, dubbed the West Thames Street Bridge, will feed directly into the plaza. It will boast steel structural supports and a glass roof and walls. The New York City Economic Development Corporation (NYCEDC) is building the new pedestrian bridge, which will replace the Rector Street bridge located a block northward. Demolition of the Rector Street bridge and construction of the new one is expected to last two years.
Queens-based Parker Greenfield LLC has filed applications for a three-story, three-unit mixed-use building at 42-07 Bell Boulevard, located within the commercial center of Bayside, Queens. The structure will measure 7,673 square feet. The ground floor will host 2,232 square feet of commercial-retail space, followed by three residential units across the two upper floors. The apartments should average 997 square feet apiece, which means they will likely boast family-sized configurations. It’s unclear whether they will be rentals or sold as homes. Long Island City-based Carusone & Cherres Architects is the architect of record. The 25-foot-wide property is currently occupied by a deteriorating two-story mixed-use building. Demolition permits were filed in 2014. The Long Island Rail Road’s Bayside station is two blocks to the north.
The loss of the 421-a tax abatement has certainly hurt development in the Bronx, but a few determined builders are still venturing out to parts of the borough where new construction is rare. Chelsea-based developer Kim Tasher has filed plans for a five-story residential and medical building at 1144 Evergreen Avenue, in the southeast Bronx neighborhood of Soundview.
Property owner Syed S. Hassan has filed applications for a two-story, two-unit mixed-use building at 86-01 Range Street, located on the corner of Hillside Avenue in the Ballaire section of Queens Village. The structure will measure 6,278 square feet. It will host 1,860 square feet of medical offices on the ground floor, followed by two residential units on the second floor. The units should average 930 square feet apiece, indicative of family-sized configurations. There will also be three off-street parking spaces, one of which will be housed in a 280-square-foot garage. Nasir J. Khanzada is the applicant of record. The 50-foot-wide, 5,000-square-foot property is currently occupied by a two-story, single-family house. Demolition permits were filed in last December.