Mixed-Use

23 3rd Avenue

Development Site At 23 Third Avenue Set to Trade Hands For $50 Million, East Village

Arthur Shapolsky is set to acquire the development assemblage consisting of 23-27 Third Avenue and 3 St. Marks Place in the East Village, across the street from Astor Place. The properties, set to trade for roughly $50 million, are currently occupied by a three-story townhouse and some retail structures. The site could accommodate a new building of 41,500 square feet, though plans have not yet been disclosed.


1 West End Avenue

Interior Renderings Revealed Of 41-Story Mixed-Use Tower At 1 West End Avenue, Lincoln Square

In December, YIMBY revealed renderings of Silverstein’s and El-Ad Properties’ 41-story, 365-unit mixed-use building planned for 1 West End Avenue, in Lincoln Square, and now Curbed has renderings of the building’s interior, which is being designed by Jeffrey Beers. Foundation work is currently underway at the site, and completion is slated for 2017. The Pelli Clarke Pelli-designed building will feature an affordable residential portion in its eight-story stone-clad base, and retail space is planned on the ground floor.


524 Myrtle Avenue

Rendering Reveals Eight-Story Mixed-Use Building At 524 Myrtle Avenue, Clinton Hill

Applications filed last December at 504-524 Myrtle Avenue, in Clinton Hill, called for a six-story, 92-unit mixed-use building, but DNAinfo reports the unit count has increased, and the project will now stand eight stories tall. In the old filings, retail spanned 20,755 square feet on the first two levels. A rendering has also appeared at the site, where a single-story building has now been demolished. HTO Architects is designing, and Silverstone Property Group is developing.


447 Avenue P

Five-Story, 33-Unit Rental Building At 447 Avenue P Slated For Condo Conversion, Midwood

Time Equities plans to convert The Venetian, a five-story, 33-unit rental building at 447 Avenue P in the southwestern corner of Midwood, into condominiums. The developer acquired the building in December of 2014 for $27 million, just two years after the project opened in 2012. The building, located a block away from the Avenue P stop on the F line, also has 8,000 square feet of ground-floor retail.


50 West Street

50 West Street Climbing Quickly, Now 50 Stories Tall, Financial District

Time Equities’ 64-story, 191-condo-unit luxury tower under construction at 50 West Street, in the Financial District, is now 50 stories up, according to Curbed. Construction has progressed quickly; last November, the structure was just three stories tall, and by March, it was half of its current height. Units are now 50% sold out, and completion is slated for 2016. Helmut Jahn is designing, and the tower will also include roughly 21,100 square feet of commercial space, with retail and office condominiums spanning the first two stories.


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