Over the summer, Adam America Real Estate and MSD Partners picked up a taxi garage at 22-12 Jackson Avenue in Long Island City for $43.5 million. Now the developers have filed applications for their planned residential building.
Back in August of 2015, the two-towered, 707-unit mixed-use development proposed at 60 South Broadway, in White Plains (in Westchester County), was making its way through the approval process. After nearly three years since the project was made public, the White Plains Common Council has unanimously approved the 858,000 square-foot project, Westfair reports. Two 24-story residential towers will sit atop a common 93,840 square-foot commercial base featuring retail and restaurant space. The residential units above will be rental apartments, 43 of which will be rented at affordable rates. There will also be roughly 30,000 square feet of outdoor public space. Finally, a four-story, 1,000-car parking garage will be built entirely underground. Westchester Pavilion, the largely vacant single-story retail complex, must first be demolished. Perkins Eastman is designing, and Urstadt Biddle Properties Inc. and a branch of Miami-based Lennar Corporation are the developers.
In the final days of 2014, YIMBY reported on applications for an eight-story, 114-unit mixed-use building at 435 East 13th Street (a.k.a 432-438 East 14th Street), in the East Village, and nearly a year later, crews demolished the site’s old two-story post office building. Now, EV Grieve has the first glimpse of the project, which will encompass 135,186 square feet and two buildings, per the latest filings. Located on both ends of the block-thru parcel, each building will feature 8,700 square feet of ground-floor retail space. The residential units will average 769 square feet apiece and 20 percent of them will rent at below market-rates. Benenson Capital Partners and Mack Real Estate Group are developing, and SLCE Architects is designing the project. Completion is anticipated for early 2017.
In Mayor Bill de Blasio’s State of the City speech given last Thursday, a significant mixed-use development initiative was proposed that would transform Governors Island, which measures 172 acres in the Upper Bay just off the southern tip of Manhattan, into a year-round community. According to Politico New York, the car-free island has 900,000 square feet of development potential on 33 acres, and the mayor is seeking to utilize it to build cultural, educational, and commercial properties. The project will be handed over to the Trust For Governors Island and a Request for Proposals (RFP) should be launched later this year. Construction could begin as soon as 2019, although the Hills, a 10-acre man-made park designed by West 8, is slated to open this summer. The National Park Service oversees two 19th century forts (22 acres) on the island and roughly 92 acres on the historic northern end is a U.S. National Historic Landmark.
Excavation began in mid 2015, and in early December, YIMBY reported that construction on the 13-story, 48-unit residential building at 42-14 Crescent Street, in Long Island City, reached street level. The structure has now topped out, The Court Square Blog reports. The building will total 44,061 square feet and its residential units, which begin on the second floor, will average 816 square feet apiece. The ground floor will contain 740 square feet of retail space. Façade installation has not yet begun, but completion is anticipated sometime later this year. Meadow Partners is developing the project and John Fotiadis Architect is designing it.