Last December, foundation work started at 265 State Street, in Boerum Hill, where Flank and the Carlyle Group are developing a 20-story, 128-unit mixed-use building. Brownstoner now reports the building is up two stories above street level, and YIMBY has word that almost 80% of the structure’s units are in contract. Dubbed The Boerum, a hotel will occupy the first six floors, and retail is expected on the ground level. Flank is the design architect (as the firm designs and develops its own projects in-house), and Goldstein Hill & West is serving as the architect of record. Completion is slated for 2016.
Heritage Real Estate Partners has filed applications for a seven-story, 36-unit mixed-use building at the vacant plot of land at 306 West 142nd Street, in northern Harlem. The building will measure 39,207 gross square feet, and 2,036 square feet on the ground floor will be used for a community business facility. Each residential unit will average about 1,000 square feet, which could yield rentals or condos, and Montroy Andersen DeMarco is designing.
In May, YIMBY reported on filings for an eight-story, 119-unit mixed-use building at 1134 Fulton Street, in southwestern Bedford-Stuyvesant, and now Brownstoner has the Karl-Fisher-designed reveal. The building will actually be 11 stories, and an affordable housing component will boost the number of residential units to 189. Commercial space will measure nearly 18,500 square feet, where a grocery store is expected. Joseph Brunner is developing, and an existing two-story building must first be demolished.
Forest City Enterprises has received $40 million in state tax credits ahead of their planned 35-story, 421-unit mixed-use building at 430 Marin Boulevard, in downtown Jersey City. According to The Jersey Journal, 85 affordable units are being set aside, and the building will feature 10,126 square feet of retail. A second 35-story building is planned next door, and completion of the first is expected in late 2017. The greater development is dubbed Hudson Exchange West, and Perkins Eastman is designing.
Tishman Speyer is in the process of acquiring the development site at 550 West 37th Street — on 11th Avenue, between West 36th and 37th streets — in the Hudson Yards district, for $185 million. According to Crain’s Business, the parcel boasts 735,000 square feet of mixed-use building potential, but can be expanded to roughly 1.7 million square feet with the purchase of bonus air rights. The developer also plans a significant tower at 435 10th Avenue, a few blocks to the south.