Mixed-Use

42-44 Crescent Street

Schematics Posted Of Eight-Story, 12-Unit Mixed-Use Project At 42-44 Crescent Street, Long Island City

In July of 2014, YIMBY reported on applications for an eight-story, 12-unit mixed-use building at 42-44 Crescent Street, in Long Island City’s Queens Plaza section. Now, The Court Square Blog reports schematics have been posted of the project on site. Maspeth-based Angelo Ng + Anthony Ng Architects Studio is designing, although no official renderings have been released yet. The new building will encompass 15,338 square feet and will include 2,060 square feet of commercial space on the ground-floor for a restaurant. Residential units will begin on the second floor and should average 951 square feet apiece, which means either rentals or condos could be in the works. Flushing-based Andy Ho is the property owner and doing business under an anonymous LLC. The site’s old two-story building was demolished late last year and excavation appears imminent. Completion is expected in 2017.



107-18 70th Road

Renderings Revealed For 12-Story Mixed-Use Proposal At 107-18 70th Road, Forest Hills

News broke earlier this month that a developer is looking to build a 12-story mixed-use building at 107-18 70th Road, in Forest Hills, and renderings of the project have since surfaced. According to DNAinfo, the new building is being designed by Morali Architects. As previously reported, the 120-foot-tall structure would require a variance from the city as zoning currently only allows for new developments of up to 80 feet. The developer, who remains anonymous, is planning to transfer air rights to the site, which is currently occupied by a strip of single-story restaurants, known as “Restaurant Row.” The project would have ground-floor retail space with new restaurants and residential units on the upper floors. A tentative completion date is being pegged at 2019.


Lighthouse Point, rendering via Triangle Equities

Developers Land Financing, Tenant For Lighthouse Point’s First Phase In St. George, Staten Island

In the summer of 2015, YIMBY brought you new renderings of the Lighthouse Point mixed-use development, in St. George, located immeadiately south of the St. George Terminal on Staten Island. Construction kicked off on the project’s first phase later that year – a 12-story, 116-unit mixed-use building that fronts Bay Street. Its developers – Triangle Equities and Lubert-Adler – have now secured a total $81.7 million in financing from multiple sources. In addition, Commercial Observer reports Regus signed a lease to take 30,000 square feet of the mixed-use building’s 65,000 square feet of commercial space. The remaining 35,000 square feet could be leased as office or retail space, and construction on the first phase is expected to wrap up in 2017. The rest of the project includes repurposing four historic structures and other artifacts, and building a 12-story, 175-key hotel with 15,000 square feet of event space and an additional 23,000 square feet of multi-use commercial space. Garrison Architects is designing.


50 Clinton Street

Seven-Story, 37-Unit Residential Building Rises At 50 Clinton Street, Lower East Side

In December of 2015, foundation work was underway at the planned seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side. Now, Bowery Boogie reports the structure is two stories above street level. Once complete, the project will encompass 43,002 square feet and will have 1,836 square feet of ground-floor retail space. The residential units, which are condominiums, will average 1,023 square feet apiece and Paris Forino is designing the interiors. Only six units remain up for grabs. Amenities will include, but are not limited to, a 24-hour doorman, bike storage, residential storage, a fitness center, and a rooftop recreation space. Issac & Stern Architects is behind the project design and DHA Capital is the developer. Completion is expected by the end of this year.


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