As May came to an end, the New York City Fire Department was investigating the fire that gutted the Serbian Orthodox Cathedral of St. Sava, an individual landmark at 15 West 25th Street in the Flatiron District. Authorities and engineers were studying the structural integrity of the remains, and have now declared the church “too unstable to be left standing,” the New York Post reported. That means the main house of worship will be demolished. The rectory portion of the cathedral, which was unscathed during the fire, currently also has Landmarks protection, which should mean it won’t be demolished with the main structure. The Landmarks Preservation Commission (LPC) has the option to de-designate the property, too, but we think, at the very least, the LPC will want to keep the rectory a landmark. The Executive Board of St. Sava will now decide if they will rebuild on the property or relocate. The site has 244,450 square feet of mixed-use development rights, minus the usable square-footage of the rectory.
YIMBY last brought you an update on the 30-story, 83-unit mixed-use building under development at 200 East 95th Street, at the corner of Third Avenue on the Upper East Side, when rebar was rising from the foundation in March. Now, the structure is four stories above street level and quickly rising, as seen in a photo by Tectonic via the YIMBY Forums. The 317,664-square-foot tower, dubbed The Kent, will eventually stand 367 feet above street level. It will feature 13,225 square feet of retail space on the ground and cellar levels. The apartments, which will be condominiums ranging from two- to five-bedrooms, should average roughly 3,000 square feet apiece. A list of residential amenities can be found in our last report. Extell Development is the developer, while Beyer Blinder Belle is behind the design. Completion is expected sometime in 2017.
John Stringile, doing business as an anonymous Staten Island-based LLC, has filed applications for three three-story, two-unit mixed-use buildings at 19-23 Foster Road, in Prince’s Bay, located on Staten Island’s South Shore. Each will measure between 2,874 square feet and 2,950 square feet. Two of them will contain 639- to 649-square-foot ground-floor commercial components, while the third will feature a 619-square-foot educational facility. Two apartments will fill the two upper floors in each building. Across the entire project, the apartments should average 1,046 square feet apiece. There will also be an 18-car parking lot, hopefully behind the buildings. Staten Island-based Stanley M. Krebushevski is the architect of record. The 10,476-square-foot plot, on the corner of Wheeling Avenue, is vacant. The neighborhood’s Staten Island Railway station is located three blocks to the south.
East Flatbush is the final frontier for developers who want to build in central Brooklyn and can’t afford to buy in Crown Heights, at least until the rental market picks up a couple train stops away in East New York. Today, we have a look at a new development coming there to 533 Albany Avenue, between East New York Avenue and Maple Street.
Hong Kong-based Gemini Investments is in contract to acquire the single-story, 14,000-square-foot commercial building at 531-537 Sixth Avenue and the four-story mixed-use building at 539 Sixth Avenue, in southern Chelsea. The investment firm is paying $53 million for the assemblage, according to The Real Deal. The properties are located at the corner of West 14th Street, and if both existing buildings are demolished, the site can accommodate up to 60,566 square feet of mixed-use development. The single-story building is currently vacant, although the four-story mixed-use building is occupied by a retail tenant and a few residential units. Plans for the site have not been disclosed. Neither demolition permits nor new buildings applications have yet been filed.