Emmut Properties has acquired the two-story television studio at 433 West 53rd Street, in Hell’s Kitchen, for $25 million. The 10,000 square-foot block-thru property, with an address also at 442 West 54th Street, will be demolished for two six-story residential buildings, according to The Real Deal. The rental project will have over 60 residential units and could measure as large as 42,000 square feet. Neither a design firm nor a targeted completion date have yet been disclosed.
Taneshwar Sukhdeo, doing business as an Ozone Park-based LLC, has filed applications for a four-story, four-unit residential development at 508A Lexington Avenue, in the heart of Bedford-Stuyvesant. The 4,000-square-foot project will be located 12 blocks north of the Kingston – Throop Avs. stop on the C train, and its full-floor units will average 1,000 square feet apiece. Jamaica-based Banji Awosika Architect is the applicant of record and the lot is currently vacant.
The Landmarks Preservation Commission has given approval for the partial conversion and refurbishment of a portion of a landmark building in Chinatown. The building in question is 66 Allen Street (a.k.a. 315 Grand Street). Though the upper office floors will all become residential, totaling eight units, the existing ground floor retail will be retained. The approval was granted at the LPC’s session on Tuesday.
Developer Cayuga Capital plans to carve apartments out of an aging brick warehouse on the Greepoint waterfront, and a year and a half after uncovering an initial rendering, YIMBY has a better look at what the stepped development at 79 Quay Street will look like.
As the city prepares to rezone a big swath of East New York, officials haven’t paid much attention to Brownsville, the smaller and poorer neighborhood next door. Despite Brownsville’s rough reputation, developers have started buying up property in the area.