Over the summer, YIMBY revealed renderings for Related Companies’ planned 13-story, 47-unit residential building at 70 Vestry Street (aka 264 West Street), in Tribeca, and now the developer has landed $200 million in construction loans, provided by Bank of America. The building will measure 154,019 square feet in total, and includes roughly 800 square feet of retail space on the ground floor. Robert A.M. Stern is designing, while Ismael Leyva is serving as the architect of record. Demolition permits have already been approved to raze the site’s existing tenement and low-rise buildings.
Avi Baranes has filed applications for a four-story, two-unit mixed-use building at 352 Willis Avenue, in Mott Haven, six blocks from the 6 train’s stop at 3rd Avenue – 138th Street. The building will measure just 4,223 square feet, and will include 1,425 square feet of retail space on the ground floor. Above, full-floor residential units will average 1,400 square feet, indicative of condos, which would be big news for this part of the Bronx. Long Island-based Shahriar Afshari is the architect of record, and the corner lot comes vacant.
Crown Heights-based Crow Hill Development has filed applications for a six-story, 10-unit residential building at 3311 Newkirk Avenue, in southern East Flatbush, four blocks east of the 2 and 5 trains’ stop at Newkirk Avenue. The building will measure 10,294 square feet in total, which means units will average a relatively spacious 1,030 square feet each. The Dumbo-based architecture firm Formactiv is designing, and an existing two-story house must first be demolished.
In March, Simon Baron Development and Quandrum Global leased a parking garage at 267-269 West 87th Street in the Upper West Side, just outside of the neighborhood’s extensive historic district. Now YIMBY has the first look at the 17-story condo building set to replace the garage between Broadway and West End Avenue.
The city is finally moving forward with plans to rebuild two unstable 19th century buildings at 321 and 323 Canal Street in Soho, which have been in administrative limbo for more than two years.