Mixed-Use

45 Broad Street

Developers Plan 86-Story, 1,100-Foot-Tall Mixed-Use Tower At 45 Broad Street, Financial District

Back in the fall of 2015, Madison Equities and Pizzarotti-IBC closed on the purchase of the 45 Broad Street development site in the Financial District, and now Curbed reports the pair are planning an 86-story, 245-unit residential tower. The supertall – being designed by CetraRuddy – would stretch 1,100 feet into the sky, although some details are still being finalized. In addition, five floors of commercial space are planned, and future residents will have access to amenities including, but not limited to, a swimming pool, a gym, and a lounge. New building applications are expected sometime this summer, and groundbreaking is scheduled for later this fall. A tentative completion date is slated for 2018.


1031 Broadway

Five-Story, Six-Unit Mixed-Use Building Filed At 1031 Broadway, Bushwick

Long Island-based Hersel Sakhaee has filed applications for a five-story, six-unit mixed-use building at 1031 Broadway, in northern Bushwick, located three blocks down from the Myrtle Avenue stop on the J/M/Z trains. The project will measure 6,750 square feet in total and includes a 1,687 square-foot ground-floor retail portion. The residential units will begin on the second floor and average 844 square feet apiece. Hudson Valley-based Kenneth Thomas is the applicant of record.


65-25 Roosevelt Avenue

Seven-Story, 10-Unit Mixed-Use Building Filed At 65-25 Roosevelt Avenue, Woodside

New Hyde Park-based Lilly Chen has filed applications for a seven-story, 10-unit mixed-use building at 65-25 Roosevelt Avenue, in Woodside, located directly under the the 69th Street stop on the 7 train. The building will measure 10,208 square feet, and retail space will measure 1,973 square feet in total on the cellar, ground, and second stories. Flushing-based Li Architect Associate is the architect of record and demolition permits were filed last month to remove the dilapidated two-story structure. A similarly-sized building is planned on the adjacent lot at 65-27 Roosevelt Avenue.


356 Fulton Street

Developer Acquired Mixed-Use Development Site At 356 Fulton Street, Downtown Brooklyn

The Feil Organization purchased the three-story, 28,000 square-foot office building at 356 Fulton Street, in Downtown Brooklyn, for $43 million just before New Year’s. The Midtown-based developer has not disclosed plans for the site, though it could accommodate a new mixed-use building with 87,000 and 104,000 square feet of residential and commercial space, respectively. The property was acquired from and was occupied by Capital One, according to The Real Deal.


42 West Broad Street

16-Story, 249-Unit Mixed-Use Project Moves Forward At 42 West Broad Street, Mount Vernon

Alexander Development Group and The Bluestone Organization have held a ceremonial groundbreaking for their planned 16-story, 249-unit mixed-use building at 42 West Broad Street, in Mount Vernon’s Fleetwood neighborhood. The project will include 14,500 square feet of ground-floor retail space and the developer is also making upgrades to the adjacent four-level municipal parking garage. The existing single-story grocery store was vacated last year and must first be demolished, according to Westfair. The building will be located four blocks from the Fleetwood Metro-North Railroad station. Completion is expected in 2017.


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