Mixed-Use

100-Unit Mixed-Use Project Planned At 525 Broadway, Williamsburg

6:00 am on August 21, 2015 By Reid Wilson

Blesso Properties has acquired the former Lincoln Savings Bank building and the 13,000 square-foot parking lot at 525-545 Broadway, in southern Williamsburg, for $32.8 million; the site was placed on the market a year ago. According to Curbed, the assemblage includes 190,000 square feet of development rights, and a mixed-use building, with 100 rental units and a 15,000 square-foot roof deck is planned for the vacant lot. The existing 60,300 square-foot bank building will also be redeveloped, and the project is located right beneath the J and M trains’ Lorimer Street stop.

Six-Story, 10-Unit Mixed-Use Building Filed At 16 Bay 25th Street, Bath Beach

3:00 pm on August 20, 2015 By Reid Wilson

Tai W. Liu, head of an anonymous LLC, has filed applications for a six-story, 10-unit mixed-use building at 16 Bay 25th Street, in Bath Beach, right around the corner to the D train’s stop at 20th Avenue. The building will measure 16,376 square feet in total, and will feature 2,115 square feet of retail space on the basement level, in addition to 3,638 square feet for a day care on the first floor. Residential units above will average 1,062 square feet, and Chinatown-based H2 Consulting is the applicant of record. Demolition permits were filed for the existing two-story, two-unit building in July.

26-Story, 169-Unit Mixed-Use Project At 40 Rector Street Lands Financing, Newark

12:30 pm on August 20, 2015 By Reid Wilson

Following the approval of a 30-year tax abatement and a false ground-breaking in 2013, Boraie Development is now expecting to begin construction on a 26-story, 169-market-rate-unit mixed-use building at 40 Rector Street, in downtown Newark, a few blocks north of Penn Station. The existing six-story building will expand, and 8,500 square feet of retail will be located in the base. According to NJ Advance Media, Goldman Sachs is financing the majority of the project, dubbed One Riverview, and permits are currently be acquired to begin construction.

56-Story, 744-Unit Mixed-Use Tower Proposed At One Journal Square, Jersey City

10:00 am on August 20, 2015 By Reid Wilson

Earlier this year, Kushner Companies and KABR Group acquired the development site at One Journal Square, in Jersey City’s Journal Square neighborhood, and now an initial rendering has surfaced of the project’s first tower. Proposed at 56 stories and 666 feet, the 1.1 million square-foot building will have 744 residential units, with 120,000 square feet of retail and office space in its nine-story base, per The Jersey Journal. The Planning Board has not yet approved the tower. Last year, YIMBY revealed Humphreys & Partners’ now-outdated proposal.

Developers Close On 520 Fifth Avenue, Plan 71-Story Mixed-Use Tower, Midtown

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

In June, Ceruzzi Properties was reportedly in contract to purchase 520 Fifth Avenue, on East 43rd Street, and now the developer has closed on the $325 million site, according to Commercial Observer. Shanghai Municipal Investment’s U.S. arm is partnering with Ceruzzi, and the team is planning to follow through with applications filed back in 2014, which call for a 71-story mixed-use tower.

338 Evergreen Avenue in March 2015, photo by Christopher Bride for PropertyShark

180-Unit Apartment Building Planned at 338 Evergreen Avenue, Bushwick

3:16 pm on August 19, 2015 By Rebecca Baird-Remba

Christian non-profit Metro World Child is renovating and expanding its Bushwick headquarters, and their development partner, Moshe Braver, has filed new building applications for a five-story residential project on their former property at 338 Evergreen Avenue.

Five-Story, 13-Unit Mixed-Use Building Planned at 3190 Riverdale Avenue, Kingsbridge

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

Mohammad Badaly, head of Mount Vernon-based Badaly Architects, has filed applications for a five-story, 13-unit mixed-use building at 3190 Riverdale Avenue, in Kingsbridge, five blocks from the 1 train’s stop at 231st Street. The building will measure 19,628 square feet in total, and will feature 4,657 square feet of heath care facilities on two below-grade levels. Residential units above will measure 1,150 square feet apiece, and the existing two-story house passed pre-demolition inspection this past July.

Extell To Expand Assemblage With 350 East 86th Street Purchase, Upper East Side

10:00 am on August 19, 2015 By Reid Wilson

Extell Development is in contract to purchase the single-story grocery store at 350 East 86th Street, on the Upper East Side, for $100 million, Crain’s reports. The developer also owns neighboring sites, and can build a 20-story, 230,000 square-foot condominium building, with 200 units and retail space. The acquisition is expected to close next year, also when Gristedes’ lease expires. Extell’s plans have yet to be disclosed, and assemblage could be expanded with further acquisitions.

44-Story, 270-Unit Mixed-Use Building Proposed At 141 Willoughby Street, Downtown Brooklyn

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

Savanna has filed applications for a variance to build a 44-story, 310,000 square-foot mixed-use building at 141 Willoughby Street, in Downtown Brooklyn. In exchange for the rezoning, 30 percent of the building’s 270 residential units would be set aside as affordable. At the base, 28,000 square feet of retail space would span the ground and second floors, in addition to 34,000 square feet of office space on the third and fourth floors, according to The Real Deal. An existing three-story building must first be demolished.

Five-Story, 10-Unit Mixed-Use Building Planned At 211 Troy Avenue, Crown Heights

3:00 pm on August 18, 2015 By Reid Wilson

Edward Katanov, operating under an anonymous LLC, has filed applications for a five-story, 10-unit mixed-use building at 211 Troy Avenue, in central Crown Heights, five blocks from the Utica Avenue stop on the 3, 4 and 5 trains. A day care facility will span the cellar through second levels, measuring 10,200 square feet, and residential units, averaging 835 square feet, will take up the third through fifth floors. Scott Schnall Consulting, based in Cobble Hill, is the applicant of record, and the former three-story, three-unit townhouse was demolished in July.

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Mixed-Use

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