Yan Po Zhu, the developer of a planned 12-story, 69-unit mixed-use building at 208 Delancey Street on the Lower East Side, is selling the construction site — currently four stories up in steel framing — for $35.5 million. According to Bowery Boogie, the 67,300 square-foot building is being designed by Michael Kang, and an 8,350 square-foot community facility is expected to occupy the ground floor. Construction stalled out roughly a year ago.
In late June, applications were filed for a six-story, seven-unit mixed-use building at 66 North 3rd Street, in northwestern Williamsburg, two blocks in from the East River, and now identical applications have been filed for a building at 64 North 3rd Street. The same anonymous LLC and filing architect, SRA Architecture + Engineering, are developing and designing the project. To recap, each building will measure 12,290 square feet, with ground-floor retail portions spanning 2,860 square feet. At No. 64, an existing two-story townhouse must first be demolished.
At the end of 2014, YIMBY semi-revealed Lalezarian’s planned 35-story, 220-unit mixed-use tower at 323 10th Avenue, in West Chelsea. Now, renderings of the tower have been posted on-site and construction is underway, with rebar poking up above street level, courtesy of photographs by ILNY and Tectonic. The project also includes two other 13-story buildings on the other side of the High Line, at 507 West 28th Street, which will amount to another 155 residential units.
Earlier this year, Citigroup began advertising their development site at 23-15 44th Drive, in Long Island City, and now Jia Shu Xu’s C&G Empire Realty is acquiring the property for $143 million. The 36,000 square-foot site — a block from the Court Square stations serviced by the E, M, G and 7 trains — boasts roughly 780,000 square feet of building potential in the form of residential or commercial space. The new owner’s plans have not been disclosed, but existing three- and single-story structures must first be demolished.
Strategic Capital, a branch of China State Construction Engineering Corp., has acquired the development sites at 75 Park Lane and 2 Shore Drive North, both in the Newport neighborhood of Jersey City. According to NJ Biz, the sites are approved for 37- and seven-story condominium buildings, respectively, totaling a combined 632,000 square feet of space, which includes 24,000 square feet of retail. The new owner plans to develop the condos, and Holliday Fenoglio Fowler marketed the sites.