L+M Development Partners, along with a slew of other partners and investors, are currently converting the four-story, 400,000 square-foot Hahne & Co. building, located at 609 Broad Street, in downtown Newark, into a mixed-use structure. 160 residential units are being sculpted out of the upper levels, and 75,000 square feet of retail will occupy the ground floor, which includes a 30,000 square-foot Whole Foods.
The four tenement buildings spanning 148-154 Rivington Street, on the Lower East Side, are set to be redeveloped into a residential property, according to Curbed. The existing buildings, formerly Streit’s Matzo Factory, total roughly 50,000 square feet, and were picked up earlier this year for $30.5 million by Cogswell Realty.
In May, YIMBY revealed partial renderings of Extell’s planned residential tower at 250 South Street, and at the time, DOB filings indicated it was to stand 56 stories, spanning 939,850 square feet. Now, according to DNAinfo, permits show a tower closer to the initially proposed building, standing 68 stories and 800 feet tall, and measuring 1,105,386 square feet. The project now includes 802 residential units, and 25,516 square feet of retail space on the ground floor.
Jonathan Kushner’s KRE Group has received a $40 million tax break for their planned 17-story, 397-unit mixed-use building planned at 515 Marin Boulevard, in Jersey City’s Hamilton Park neighborhood. Twenty percent of the tower’s units will be affordable, and commercial space will measure roughly 20,000 square feet on the ground floor. The site is currently a parking lot, and groundbreaking is expected next month for an August 2017 completion, according to The Jersey Journal.
In April, YIMBY noted excavation was underway at 181 Front Street, in Dumbo, where Megalith Capital Management and Urban Realty Partners are building a 12-story, 105-unit rental building, which will also have 1,490 square feet of retail on the ground floor. Now, foundation work is beginning, according to Brownstoner. The project also consists of the conversion at 200 Water Street, where 15 condominiums are planned, and Aufgang Architects is designing, with completion slated for 2016.