Mixed-Use

89-14 150th Street

Construction Wrapping On Nine-Story, 22-Unit Mixed-Use Project at 89-14 150th Street, Jamaica

With the exception to window installation, exterior construction is nearly done on the nine-story, 22-unit mixed-use building under development at 89-14 150th Street, in Downtown Jamaica. A tipster sent along a photo to YIMBY of the construction site. The building measures 30,466 square feet. The cellar level will contain 2,884 square feet of medical offices, while the residential units, beginning on the second floor, should average 1,031 square feet apiece. The apartments will be condominiums, coming in two- and three-bedroom configurations. Amenities include bicycle storage, laundry facilities, a recreational area on the ground floor, an 11-car parking garage on the ground floor, and a terrace on the eighth floor. Kingston Property is the developer, while Maspeth-based Angelo Ng & Anthony Ng Architects Studio is the architect of record. Completion is expected in 2017, although work appears to be ahead of schedule. The project was two stories above street level in September of 2015.




Waldorf Astoria

Plans Being Finalized for Partial Condominium Conversion of Waldorf Astoria Hotel

The Anbang Insurance Group Co. is planning to convert up to 1,100 hotel rooms of the 1,413-key Waldorf Astoria into an undisclosed number of condominiums. The 47-story, 625-foot-tall luxury hotel is at 301 Park Avenue, located on the block between East 49th and 50th streets in Midtown East. The hotel-to-residential conversion would retain between 300 to 500 hotel rooms, which will also see renovations of their own, according to the Wall Street Journal. The project is expected to cost $1 billion, and would close the Waldorf Astoria for up to three years. Hilton Worldwide Holdings Inc. will remain the hotel operator following the conversion. The Landmarks Preservation Commission will have to approve any exterior alterations. The hotel played host to the president of the United States for decades until China-based Angang acquired the property, an individual landmark, for $1.95 billion in 2015. During last year’s United Nations General Assembly, President Barack Obama stayed at the Lotte New York Palace Hotel.


Red Hook Houses

City Moves Forward with ‘Microgrid’ Infrastructure Upgrade at Red Hook Houses

Last week, the New York City Housing Authority launched a request for proposals (RFP) to develop a modern utilities system for the 28-building, 2,878-unit public housing complex called Red Hook Houses, in Red Hook. The proposed infrastructure upgrades are to include heat, hot water, electricity, and the systems of delivery for all three, according to DNAinfo. It would include two central plants, located on opposite ends of the complex at 592 Clinton Street and along Richards Street, in addition to 12 utility pods with generators. The new infrastructure is intended to disconnect Red Hook Houses from the electrical grid. That way, in the event of a black-out, the complex would be able to operate on its own. The Federal Emergency Management Agency (FEMA) is also chipping in $438,213,000 to repair damage from Hurricane Sandy. The money will be used to upgrade and renovate playgrounds, roofs, mechanical equipment, and a senior center, and contribute to the infrastructure project. Proposals are due in phases by July 22 and September 9. Kohn Pedersen Fox has already been tasked to design the project.


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