The development site spanning 92-94 Fulton Street, in the Financial District, has again traded hands, this time with The Lightstone Group acquiring the properties for $23.25 million. The previous owner, Fisher Brothers, paid $10 million for the site in June 2014 and had filed applications for a 16-story residential building. Lightstone’s plans have yet to be disclosed, but previous proposals revealed by YIMBY show the site’s significant potential.
Excavation is underway for Two Trees’ 16-story, 522-unit building at 317-329 Kent Avenue in Williamsburg. The building will total 382,750 square feet, and 9,370 square feet will be set aside for retail space. It’s the first phase of the Domino Redevelopment project, and completion of the first building is expected in 2017, reports Brownstoner. SHoP is designing, and 105 units will be set aside as affordable housing.
Plans for protecting Manhattan against floods are inching forward. Curbed reports the first phase of the Dryline, a landscaped park area along the waterfront stretching from West 23rd Street (in West Chelsea) to Montgomery Street (on the Lower East Side), are in the surveying phase. The Dryline would eventually continue into Midtown on both sides and is estimated to cost $1 billion.
Bergen Gardens LLC has filed applications for a five-story, nine-unit residential building at the lots spanning 653-655 Bergen Street, in Prospect Heights. The building will measure 12,900 square feet, and Issac & Stern Architects is designing. A single-story warehouse structure set back from the street must first be demolished.
Visualhouse sent along a rendering of the Manhattan skyline circa 2030, and the vista will be far more impressive than today’s, with supertalls set to line both 57th Street and the Far West Side. The image leaves out the new World Trade Center as well as several major projects in Midtown and on the Far West Side (and Nordstrom is also missing its cantilever), but the picture gives a good idea of the changes New Yorkers can expect over the next few years, even though the approximation is likely closer to 2020 than 2030, given that all depicted additions (besides 15 Penn) should be complete by 2018/2019.