Mixed-Use

ULURP Underway For 13-Story, 63-Unit Mixed-Use Project At 255 East Houston Street, Lower East Side

10:00 am on February 29, 2016 By Reid Wilson

Back in August of 2015, YIMBY reported on applications for a 10-story, 53-unit residential building at 255 East Houston Street, on the Lower East Side, but now landlord Samy Mahfar is taking the project through Urban Land Use Review Procedure (ULURP) in order to build commercial-retail space. According to Bowery Boogie, the latest plans call for 13-story building on East Houston and an eight-story counterpart at 171 Suffolk Street. As proposed, the entire project would encompass 93,015 square feet and includes 7,240 square feet of ground-floor retail space. There would be a total of 63 residential units and 20 percent of them would be rented through the affordable housing lottery. Stephen B. Jacobs Group is designing and completion is tentatively scheduled for 2020. An existing four-story building must first be demolished.

First Look At 86-Story, 245-Unit Mixed-Use Supertall Tower At 45 Broad Street, Financial District

6:30 am on February 29, 2016 By Reid Wilson

Last month, news broke that Madison Equities and Pizzarotti-IBC are planning an 86-story, 245-unit residential tower at 45 Broad Street, in the Financial District, and now The Real Deal has the first look at the 1,100-foot building. CetraRuddy is designing the project, and the renderings are being used in EB-5 materials, which means the design is likely preliminary. The developers are seeking to raise $75 million in financing through the program. The first five floors, or roughly 50,000 square feet, will be dedicated to commercial space, and the residential units will come in studio, one-, two-, and three-bedroom configurations. The project’s 20,000 square feet of amenities will include a pool, a fitness center, an outdoor garden, and lounges with entertainment areas. New building applications and a groundbreaking are expected later this year, with completion slated for 2018. AMS Acquisitions is another partner in the project.

Reveal For Seven-Story, Five-Unit Mixed-Use Project At 207 West 75th Street, Upper West Side

6:00 am on February 29, 2016 By Reid Wilson

Back in July of 2014, YIMBY brought you renderings of the proposed 14-story, 10-unit residential building at 207 West 75th Street, on the Upper West Side. The project required a special permit from the Board of Standards and Appeals, but the developer was unsuccessful in obtaining a variance and the site was eventually unloaded for $13.25 million in 2015. The new developer, Opal Holdings, has since filed applications to expand the existing two-story building into a seven-story, five-unit mixed-use one. Real Estate Weekly now reports a $14.8 million construction loan has been secured for the 20,000-square-foot project. There will be 5,000 square feet of retail on the ground and cellar levels, and full-floor apartments beginning on the second floor. The sixth and seventh floors will contain a five-bedroom duplex penthouse featuring a terrace. Jeffrey Cole Architects is designing.

Foundation Work Underway For 12-Story, 75-Unit Mixed-Use Project At 69 East 125th Street, East Harlem

4:00 pm on February 26, 2016 By Reid Wilson

Last December, renderings surfaced of the 12-story, 75-unit mixed-use building at 69 East 125th Street, in East Harlem, and now foundation work is underway, Harlem+Bespoke reports. The project will encompass 80,619 square feet and will include 5,643 square feet of ground-floor retail space. The residential units will begin on the second floor and should average 767 square feet apiece, indicative of rental apartments. Twenty percent of the units will rent at below market-rates, and amenities will include underground parking for 15 vehicles, laundry, bike storage, residential storage, a fitness center, and rooftop recreational space. Greystone Property Development is the developer with Kutnicki Bernstein Architects designing. Completion is expected in early 2017.

11-Story, 124-Unit Mixed-Use Project Changes Hands At 42-15 Crescent Street, Long Island City

3:00 pm on February 26, 2016 By Reid Wilson

In early 2015, the two-story expansion of the 11-story, 124-unit residential conversion project at 42-15 Crescent Street, in the Queens Plaza section of Long Island City, topped out, and later that year exterior construction largely wrapped up. World Wide Group is now acquiring the project from Meadow Partners for roughly $70 million, according to The Real Deal. World Wide will finish construction on the 111,000-square-foot building, which will have 7,596 square feet of ground-floor retail space. The apartments will be rentals and should average 761 square feet apiece. Amenities will include a lounge, bike storage, a gym, and rooftop recreational space. Avinash K. Malhotra Architects is designing. Completion is expected later this year.

Six-Story, Five-Unit Mixed-Use Building Filed At 193 Henry Street, Lower East Side

1:00 pm on February 26, 2016 By Reid Wilson

Property owner Daniel Wise, doing business as an anonymous LLC, has filed applications for a six-story, five-unit mixed-use building at 193 Henry Street, on the Lower East Side, located two blocks from the East Broadway stop on the F train. The development will encompass 8,610 square feet and would replace a dilapidated four-story, 25-foot-wide townhouse, for which demolition permits were recently filed. There will be 1,355 square feet of ground-floor retail space and a small 384-square-foot medical office in the cellar. The full-floor residential units begin on the second floor and will average a specious 1,374 square feet apiece, indicative of condos. The structure will be topped by a rooftop terrace and recreation space. Think Architecture and Design is the architect of record.

City Launches Request For Proposals For Adjacent Long Island City Mixed-Use Development Sites

11:00 am on February 26, 2016 By Reid Wilson

The New York City Economic Development Corporation (NYCEDC) has launched a Request for Proposals (RFP) for two city-owned development sites adjacent to each other, which total 4.5 acres, at 5-40 44th Drive and 4-99 44th Drive. Politico New York reports that the city is looking for developers to build “at least 300,000 square feet of commercial office or light manufacturing space, up to 1,000 apartments, a school, and a small park.” The site is currently located in a manufacturing district but would be rezoned for a mixed-use project. It currently consists of a single-story Department of Transportation facility, a surface parking lot, and a restaurant (which has a lease that expires in 2017). Proposals are due by May 26, 2016.

Developer Moves Forward With Hudson Yards Mixed-Use Site At 476 Eleventh Avenue

6:30 am on February 26, 2016 By Reid Wilson

In 2012, Rockrose Development acquired the commercial building at 528-534 West 39th Street, in the Hudson Yards District, effectively completing a full-block, 73,793-square-foot assemblage between Eleventh Avenue and Hudson Boulevard. The developer has now begun the Urban Land Use Review Procedure (ULURP) that could grow the development potential of the site – also known as 476 Eleventh Avenue – from roughly 500,000 square feet as-of-right to 1.4-million square feet, The Real Deal reports. A mixed-use building with a total 528 residential units and roughly one million square feet of commercial space could be built if the site’s development potential is maxed out. Existing four- and two-story commercial buildings must first be demolished.

3084 Webster Avenue, image via Google Maps

Developer Refiles For 11-Story, 118-Unit Mixed-Use Building At 3084 Webster Avenue, Norwood

1:00 pm on February 25, 2016 By Reid Wilson

In October of 2015, YIMBY reported on applications for an 11-story, 116-unit residential building at 3084 Webster Avenue, in Norwood, located six blocks from the Norwood – 205th Street stop on the D train. The Department of Buildings disapproved the applications last November and the developer, Stagg Group, has now filed applications for a slightly larger project with Midtown-based Marin Architects, a different architecture firm than before. The latest plans call for an 11-story, 118-unit mixed-use building which would encompass 133,845 square feet in total, roughly 20,000 square feet larger than the previous filing. There will be 4,325 square feet of retail space and 3,185 square feet of community facility space on the ground floor. The apartments above should average a family-sized 1,008 square feet apiece, and 20 percent of them will rent at below-market rates. A two-story warehouse in the back of the site assemblage must first be demolished.

211 Schermerhorn Street, image via Google Maps

Permits Filed: 211 Schermerhorn Street, Downtown Brooklyn

12:15 pm on February 25, 2016 By Rebecca Baird-Remba

Last August, GPB Realty Capital entered contract on a vacant slice of property at 211-215 Schermerhorn Street in Downtown Brooklyn. Now they’ve filed plans for a 14-story mixed-use building there between Hoyt and Bond Streets.

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Mixed-Use

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