New York



Seaport Landing

Four Nine-Story Mixed-Use Buildings Planned at 129 Beach 116th Street Assemblage, Rockaway Park

Brooklyn-based Marcal Group is planning to develop four mixed-use buildings – each rising nine stories in height – on an assemblage of development sites located between Beach 115th and 117th streets, in Rockaway Park. That’s a neighborhood along the Rockaways in southern Queens. Dubbed Seaport Landing, the entire project will encompass 240,000 square feet of residential space and 23,000 square feet of ground-floor retail, the Rockaway Times reported. The total number of apartments, all condominiums, wasn’t disclosed, but at least 158 of them will be sold at affordable rates to seniors. The building at 157 Beach 115th Street will contain 58 affordable units and the one at 160 Beach 117th Street will contain 100 affordable units. The two facing Beach 116th Street will be market-rate buildings. Most of the assembled properties are vacant with the exception of 129 Beach 116th Street, which is currently occupied by a single-story commercial building, acquired in 2015 for $5 million. Demolition permits haven’t yet been filed. The Rockaway Park-Beach 116th Street stop on the A train and Rockaway Park Shuttle is two blocks away.


Kearny Point Industrial Park

Two-Million-Square-Foot Kearny Point Industrial Park to Get Modern Commercial Transformation, New Jersey

Manhattan-based Hugo Neu Corporation has tasked design and engineering firms STUDIOS Architecture and WXY to convert the 130-acre, two-million-square-foot Kearny Point Industrial Park, in Kearny, into a modernized, mixed-use commercial campus. The industrial park is located in the town’s southern section sandwiched between Jersey City and Newark, in Hudson County, New Jersey. The plan is to preserve the existing industrial buildings and warehouses, many of which are historic, Real Estate Weekly reported. The conversion is expected to attract a wide variety of tenants, including businesses in need of office, manufacturing, storage, and/or industrial space, among others. The site was previously known as the Federal Shipbuilding & Drydock Company and served as the U.S. Navy’s fastest ship-building location in the world during World War II.


25-19 43rd Avenue

Nine-Story, 86-Unit Residential Project Rises to Seventh Floor at 25-19 43rd Avenue, Long Island City

Construction is now underway on the eighth floor of the nine-story, 86-unit residential building under development at 25-19 43rd Avenue, in the Court Square/Queens Plaza section of Long Island City. The progress can be seen thanks to a photo included in an update by The Court Square Blog. The latest building permits indicate the new building, dubbed Dutch LIC, will encompass 90,173 square feet. Its residential units, condominiums ranging from studios to two-bedrooms, should average 792 square feet apiece. Amenities include storage for 44 bikes, a 17-car parking garage on the ground floor, a lounge, a fitness center, an outdoor recreational area on the second floor, and a rooftop terrace. Ekstein Development is the developer and GF55 Partners is behind the design. Completion is expected in early 2017.


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