Mixed-Use

High-Profile Development Site At 205 Montague Street Up For Grabs, Downtown Brooklyn

11:00 am on October 20, 2015 By Reid Wilson

Midtown Equities has tasked Cushman & Wakefield to market the development site at 205 Montague Street, in Downtown Brooklyn, for more than $200 million, according to Crain’s. The property boasts 300,000 square feet of development rights, and the developer has drafted plans for a 44-story residential tower as well as a 62-story version. A relatively small portion of commercial space is included in the base of the tower, where a five-story office and retail building currently sits. Midtown Equities acquired the site for $33 million in 2010.

Developer Proposing As-Of-Right 260,000 Square-Foot Dormitory At LICH Site, Cobble Hill

6:30 am on October 20, 2015 By Reid Wilson

Fortis Property Group is proposing to build an as-of-right 260,000 square-foot student dormitory on the corner of Henry and Amity Streets, in Cobble Hill, according to Politico. The developer acquired the Long Island College Hospital complex from SUNY for $240 million, and is currently seeking a rezoning for the property, which would include senior housing, park space, and a public school. Fortis has also drafted plans for an as-of-right 35-story residential tower in addition to the dormitory, which would have hundreds of beds. Fortis’ plans for a five-story medical facility and eight townhouses have already been filed with the DOB.

Silverstein Puts Development Site At 514 Eleventh Avenue On The Market, Midtown West

6:00 am on October 20, 2015 By Reid Wilson

Over the summer, Silverstein Properties began demolishing the low-rise commercial building at 520 West 41st Street/514 Eleventh Avenue, in Midtown West, to make way for a 1,400-unit mixed-use development. Now, the developer has tasked CBRE to market and sell the property, which could potentially be worth close to $500 million, according to Crain’s. The project is currently being processed through ULURP, as a rezoning is required, and Silverstein eventually agreed to allot 375,000 square feet for affordable housing. YIMBY revealed the original proposal in July of 2014.

30-Story, 83-Unit Condo Building Under Construction At 200 East 95th Street, Upper East Side

11:00 am on October 19, 2015 By Reid Wilson

Earlier this year, YIMBY revealed renderings of Extell Development’s 30-story, 83-unit mixed-use building planned at 200 East 95th Street/1681 Third Avenue, on the Upper East Side, and now foundation work is underway, according to DNAinfo. The building is being dubbed The Kent, and its 83 units will be condominiums spanning two- to five-bedrooms apiece. Ground-floor retail space will also measure 14,000 square feet, and Beyer Blinder Belle is the architect of record. Completion is expected in the second half of 2017.

Developer Acquires Assemblage At 143 East 60th Street, Plans Residential Tower With Retail, Midtown East

6:30 am on October 19, 2015 By Reid Wilson

Back in June, Kuafu Properties was in contract to purchase the assemblage spanning 143-161 East 60th Street, on the northern edge of Midtown East, and now the Chinese developer has closed on the acquisition, according to Commercial Observer. The site has a nearly 20,000 square-foot footprint, and roughly 280,000 square feet of development potential. Kuafu plans to build a luxury residential tower with a large retail base, although the existing six low-rise buildings must first be demolished.

Six-Story, 11-Unit Residential Building Filed At 622 Myrtle Avenue, Bedford-Stuyvesant

6:30 am on October 16, 2015 By Reid Wilson

Joel Schwartz’s Brooklyn-based Southside Units has filed applications for a six-story, 11-unit residential building at 622 Myrtle Avenue, in northwestern Bedford-Stuyvesant, four blocks north of the Classon Avenue stop on the G train. The building will measure 9,408 square feet, which means units will average 855 square feet apiece. A retail unit will also be located in the cellar level, and Queens-based Julien Flander is the applicant of record. A three-story brick townhouse must first be demolished.

Extell’s 80-Story, 800+ Unit Tower At 252 South Street Revealed, Lower East Side

6:00 am on October 16, 2015 By Reid Wilson

Earlier this year, YIMBY revealed the first few renderings of Extell Development’s 252 South Street, on the Lower East Side (in the Two Bridges neighborhood), and now Bloomberg Business has the full reveal for the 80-story tower. Dubbed One Manhattan Square, the building will have more than 800 condominiums, and will feature 50,000 square feet and 40,000 square feet of indoor and outdoor amenities, respectively. Foundation work is well underway, and completion is expected by early 2019. Adam Associates is the architect of record.

34-Story, 78-Unit Condo Project Under Construction At 360 East 89th Street, Upper East Side

1:00 pm on October 15, 2015 By Reid Wilson

In mid-2014, YIMBY reported on applications for a 34-story, 78-unit residential building at 1711-1717 First Avenue/360 East 89th Street, on the Upper East Side, and then we revealed renderings of the project later that year. Now, foundation work is well underway, according to DNAinfo, and a crane can be seen operating on-site. Dubbed Citizen360, the building will feature condominiums ranging from one- to four-bedrooms, as well as 3,558 square feet of retail space on the ground floor. Anbau Enterprises is developing, SHoP Architects is designing, and occupancy is expected by the spring of 2017.

Seven-Story, 23-Unit Mixed-Use Project Underway At 97-30 64th Avenue, Rego Park

4:00 pm on October 14, 2015 By Reid Wilson

Late last year, YIMBY reported on applications for a seven-story, 23-unit mixed-use building at 97-30 64th Avenue, in Rego Park, two blocks from the subway stop at 63rd Drive on the M and R trains. Now, DNAinfo reports construction is underway, and a rendering has appeared at the site. The building will have condominiums, which will be on the smaller side, averaging 720 square feet. Community facility space will measure 4,000 square feet on the lower portion of the building. Rego Park-based Hang Chen, with CZK Realty LLC, are developing, and Flushing-based Tan Architect is designing.

Seven-Story, 13-Unit Mixed-Use Building Filed At 217 9th Street, Gowanus

2:00 pm on October 14, 2015 By Reid Wilson

Property owner Praim Singh has filed applications for a seven-story, 13-unit mixed-use building at 217 9th Street, in southern Gowanus, right around the corner from subway stops on the R, F and G trains. The building will measure 13,500 square feet in total, which includes a 2,990 square-foot medical facility on the ground floor. Residential units begin on the second floor and will average 808 square feet apiece. Peter Gee’s South Slope-based architectural firm is designing, and an existing three-story structure must first be demolished.

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Mixed-Use

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