Nelson Management paid $51.5 million for the four-building, rent-stabilized complex known as Lafayette Boynton in the Soundview section of the South Bronx in 2011, and they just spent another $17 million renovating its 972 apartments. Now the Forest Hills-based firm plans to build two more 13-story towers in the sprawling development next to Soundview Park.
Big Brooklyn Rehab Inc. has filed applications for a six-story, 11-unit residential building at 231 East 123rd Street, in East Harlem, four blocks from the 125th Street stop on the 4, 5 and 6 trains. The building will measure 8,670 square feet, which means units will average 790 square feet — probably rentals. Woody Chen’s Infocus Design & Planning is the applicant of record, and the existing three-story, three-family townhouse must first be demolished.
Ritz Realty NY Corp. has filed applications for a six-story, 10-unit mixed-use building at 4016 7th Avenue, in northern Sunset Park, three blocks from the D train’s 9th Avenue stop. The building will total 9,330 square feet, and will include 1,140 square feet of community facility space on the ground and cellar levels. Beginning on the second floor, residential units will average 820 square feet. Jung Wor Chin is the architect of record, and the existing two-story, two-unit townhouse must first be demolished.
Property owner Andy Ho, operating under an anonymous LLC, has filed applications for a three-story, four-unit mixed-use building at the vacant lot of 150-30 12th Avenue, in northern Whitestone. The building will measure a total 8,490 square feet, which includes 4,100 square feet of retail/office space on the ground and cellar levels, and an 1,225 square-foot school on the second level. The four residential units will average 792 square feet, and Angelo Ng + Anthony Ng Architects Studio is the applicant of record.
An anonymous LLC’s four-story townhouse at 112 Bowery, in Chinatown, is now receiving a small expansion to 7,300 square feet, according to Bowery Boogie. The building is being converted into an entirely commercial property, with retail space on the ground floor and office/storage space on the upper levels. Zhu Heng Zheng’s Interamericana Engineering is the applicant of record, and completion is likely by 2016.