In 2014, Savanna acquired, for $28 million, the three-story commercial building at 141 Willoughby Street, in Downtown Brooklyn. Then in August of 2015, the developer submitted filings to rezone the property in order to build a 44-story, 270-unit mixed-use tower. The city’s Uniform Land Use Review Procedure (ULURP) is now underway, with the latest step resulting in Community Board 2’s Land Use Committee disapproving the rezoning, the Brooklyn Daily Eagle reports. The project itself has grown slightly since initially being filed. Proposed at the latest hearing was a 49-story, 270-unit mixed-use building. Eighty-one of the units would rent at below-market rates. The base of the building would feature two stories (plus the cellar) of retail, followed by seven stories of office space. Morris Adjmi Architects is designing. The latest step in ULURP is merely a recommendation. The proposal will now go before the entire Community Board 2. If the rezoning is granted, Savanna would also acquire from the city, for $4.8 million, a small, triangular park located to the north of the site. It has 47,718 square feet of development rights and would permanently remain as a park.
Back in 2014, Diversified Realty Advisors and California-based SunCal closed on the purchase, for $39.5 million, of the 70-acre former General Motors factory site in Sleepy Hollow, located just north of the Tappan Zee Bridge in Westchester County. Now, the developers have held a groundbreaking ceremony for their mixed-use mega-development called Edge-on-Hudson, Westfair reports. The project will include 1,177 residential units (a mix of condos, townhouses, and rentals), a 140-key boutique hotel, 135,000 square feet of retail and restaurant space, and 30,000 square feet of office space. Some of the units will rent at below-market rates to seniors and lower-income families. Sixteen acres will be made into parkland and a riverfront promenade.
A 34-story, mixed-use tower is coming to the corner of 27th Street and Third Avenue in Kips Bay, on the east side of Manhattan. New building applications filed yesterday reveal that the development will rise 388 feet into the air and fill most of the block between 26th and 27th streets.
Youngwoo and Associates is planning an ambitious commercial project on the eastern edge of Washington Heights. Yesterday, the firm filed plans to develop a two-tower, 18-story hotel and office building at 2420 Amsterdam Avenue, next to the Harlem River Drive and Highbridge Park.
In August of 2015, YIMBY reported on applications for a 42-story, 550-unit mixed-use building at 685 First Avenue, located between East 39th and 40th streets in Murray Hill. Now, new details and renderings of the building have been revealed by the Wall Street Journal. The 459-foot-tall tower will actually contain 556 residential units and measure a whopping 828,000 square feet in its entirety. Two-thirds of the units will be rental apartments while the remaining one-third will be condominiums. Amenities include an underground 110-car garage, storage for 282 bikes, laundry facilities, a pool, a fitness center, a library, and recreational and assembly rooms. There will also be 10,088 square feet of ground-floor retail. Richard Meier & Partners Architects is behind the design, and Sheldon Solow is the developer. Excavation is reportedly underway, and completion is expected in 2018.