This past summer, the U.S. branch of Beijing-based China Oceanwide Holdings made a deal with Howard Hughes Corp. to acquire the development site at 80 South Street, in the Financial District, for $390 million. Now Curbed reports the developer has received approval from the City Planning Commission to transfer 426,940 square feet of air rights to the site. That means a mixed-use building of up to 1,067,350 square feet could be built, of which 512,300 square feet could contain residential units. That could mean a supertall tower at the site along the South Street Seaport. Applications have not been submitted to the Department of Buildings yet, but the latest document suggest the developer will be taking full advantage of the site and a large commercial component is being planned. A design architect has not yet been revealed. A number of low- and mid-rise buildings would first have to be demolished.
Last week, YIMBY brought you a sneak peak of the glassy façade that will eventually be installed on Extell Development’s 95-story, 1,550-foot-tall condominium tower (officially Central Park Tower), currently under construction at 217 West 57th Street in Midtown. The supertall will boast Nordstrom’s first Manhattan flagship store, and now the Seattle Times has revealed official renderings of the building’s retail podium. The Seattle-based department store will span 363,000 square feet across eight stories (three below grade) in the development.
An unknown developer, doing business as an anonymous LLC, is proposing to build a 12-story mixed-use development at 107-18 70th Road, in Forest Hills, right around the corner from the Forest Hills – 71st Avenue stop on the E, F, M, and R trains. According to DNAinfo, the developer is currently seeking a special permit to build the project, which would normally be capped at seven stories in height. The proposal includes ground-floor commercial-retail space and an above-ground garage. It would replace a strip of restaurants currently operating in a single-story building at the site. The developer was scheduled to meet with Community Board 6 last night to discuss the project.
Property owner Tahira Chaudhry has filed applications for a five-story, six-unit mixed-use building at 1138 Manhattan Avenue, in northern Greenpoint, located at the corner of Box Street. It will encompass 9,648 square feet and will feature 1,180 square feet of retail space on the ground floor. Residential units will begin on the second floor and should average 995 square feet apiece. There will be two units per floor on floors two and three, another unit on part of the fourth floor, and a duplex units on the rest of the fourth floor and the entire fifth floor. Fresh Meadows-based Jamil Coppin is the architect of record. An existing three-story townhouse must first be demolished.
During a raucous and packed public meeting on Tuesday night, developer Avery Hall Investments laid out their plans for a seven-story apartment building with retail and a grocery store, which will replace a Key Food at 120 Fifth Avenue in Park Slope.