New York

1555 Bedford Avenue

Mixed-Use Redevelopment Planned At Bedford-Union Armory At 1555 Bedford Avenue, Crown Heights

The New York City Economic Development Corporation (EDC) is allowing an undisclosed developer to redevelop the currently vacant, 138,000 square-foot Bedford-Union Armory property at 1555 Bedford Avenue, in western Crown Heights. According to DNAinfo, the former military facility will be transformed into residential units and a recreational facility. The domed portion of the facility will be home to a soccer field, three basketball courts, and a swimming poll, and will be operated by CAMBA. Along President Street, 13 townhouse units will be carved out of the building. The armory is low-rise in nature on its southern street front. Finally, a mixed-income residential building will be built from the ground up on the site’s eastern end. The entire project must pass through ULURP.


181 West 126th Street

Schematic Posted Of Nine-Story, 22-Unit Mixed-Use Project At 181 West 126th Street, Harlem

In early 2014, YIMBY reported on applications for a nine-story, 22-unit mixed-use building at 181 West 126th Street, in Harlem, and now an on-site rendering has been posted, Harlem+Bespoke reports. The project will measure a total 19,942 square feet and includes a 2,430 square-foot ground-floor retail portion. Residential units will begin on the second floor and average 796 square-feet apiece. It will be topped by a 500 square-foot rooftop recreational space, and Great Neck-based Frank Petruso is the architect of record. Indications are that excavation is also imminent.


200 East 66th Street

Condo Conversion Wraps Up At Manhattan House, Former Upper East Side Rental Building

The condominium conversion of the Upper East Side’s Manhattan House – a landmarked 20-story, 584-unit rental complex, located at 200 East 66th Street and built in 1951 – is now wrapping up, the Observer reports. O’Connor Capital Partners shelled out $623 million for the exclusive rental property back in 2005. Today, the complex sports 495 condominiums and an additional 93 rent-stabilized units. Twenty-six of the condos have yet to be sold. Gordon Bunshaft of Skidmore, Owings & Merrill originally design Manhattan House, and Sasaki Associates designed the building’s private garden.


202-04 Hollis Avenue

Six-Building, 120-Unit Supportive Housing Redevelopment Underway At 202-04 Hollis Avenue, Hollis

The City’s Human Resources Administration is pushing to make six long-vacant, two-story buildings on Hollis Avenue – between 202nd and 204th Streets, in Hollis Queens – into permanent affordable housing for homeless veterans. The roughly 120-unit complex is in the midst of gut renovations, according to DNAinfo. The Bluestone Group is currently leasing the properties, which span 202-04 to 203-24 Hollis Avenue, from Rita Stark. The buildings are now being furnished, although there’s no word yet on when move-ins can be expected.


86 Trinity Place

Investor Purchases Stake At Planned 14-Story, 156-Key Hotel & Retail Conversion At 86 Trinity Place, FiDi

Clarion Partners has purchased a 70 percent stake in the vacant 14-story, 182,000 square-foot American Stock Exchange Building at 86 Trinity Place, in the Financial District. Clarion payed $105 million to GHC Development, and the developer plans to convert the former office building into commercial-retail and a 156-key hotel. Retail space will be located from the ground floor through the fifth floor, while the hotel will be located on the upper floors. A restaurant will be built on the sixth floor. The building’s floor area will technically be expanded, thanks to expansions on the fourth floor, the addition of a fifth floor, and enlargements towards the top of the building. David Nicholson’s Hell’s Kitchen-based SBLM Architects is the architect of record. [The Real Deal]


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