New York

Our Lady of Lourdes redevelopment, rendering via Georgica Green

Construction Progressing at Three-Building, 76-Unit Mixed-Use Redevelopment at 1875 Broadway, Bushwick

Foundation work appears to be underway on the eight-story, 18-unit mixed-use building under development at 1875 Broadway, located on the corner of DeSales Place in eastern Bushwick. The new building, with 7,019 square feet of community facility space, is part of the ongoing redevelopment of the former Our Lady of Lourdes convent. The project includes the conversion of a four-story structure at 11 DeSales Place and the construction of a six-story structure to the north, which has topped out, featuring an additional 58 residential units and 1,215 square feet of community facility space.


Lightstone Group Tests Waters for 244-Unit Condominium Tower at 130 William Street, Financial District

The Lightstone Group is now exploring market demand for a 244-unit condominium tower at its Financial District development site at 130 William Street. The developer is abandoning previous plans, filed in March 2015, for a 50-story residential-hotel tower, The Real Deal reported. The latest building applications at the Department of Buildings have been amended to reflect the change in plans. Although the number of units don’t match reports, the latest filings detail a 61-story, 188-unit tower with 15,373 square feet of retail across the cellar through second floors. The structure would measure 386,588 square feet and rise 750 feet in height. Goldstein, Hill & West Architects is the architect of record.


1605 New York Avenue

Two Four-Story, Eight-Unit Residential Buildings Planned at 1605 New York Avenue, East Flatbush

An anonymous Brooklyn-based LLC has filed applications for two four-story, eight-unit residential buildings at 1603 and 1605 New York Avenue, located on the southern end of East Flatbush. The buildings will measure 6,867 square feet each. Across both, the apartments should average 697 square feet apiece, indicative of rentals. Both will also include an upper penthouse level that will connect to the two apartments on the fourth floors. Jeffery S. Orling’s Mount Vernon, N.Y.-based architecture firm is the architect of record. The 4,000-square-foot lot is occupied by a two-story, wood-framed house. Demolition permits were filed in November.



23 East 39th Street

27-Story, 97-Key Pestana Hotel Planned at 23 East 39th Street, Midtown East

The Pestana Hotel Group has purchased, for $16 million, a 99-year ground-lease for the 2,469-square-foot vacant lot at 23 East 39th Street, in Midtown East. The hotelier is planning to develop a 27-story, 97-key hotel at the site, Commercial Observer reported. Building permits, approved by the Department of Buildings in December 2015, are currently on file for a 27-story, 96-key structure, which YIMBY reported on in 2014. The plans indicate the tower will encompass 39,964 square feet and rise 273 feet to its pinnacle. Gene Kaufman’s SoHo-based architecture firm is behind the plans, although it wasn’t stated if Pestana will move forward with the same design. Arbalest Capital Corp. is the property owner. The site was home to a five-story building until March 2016, when it was demolished.


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