In 2015, L+M Development Partners and Nelson Management Group acquired the 19-story, 260-unit mixed-income residential building, called Lands End I, located at 257-275 South Street, on the Lower East Side, for an undisclosed amount. Now, renderings of the building’s planned renovation have been revealed by Curbed NY. The 236,065-square-foot building is expected to host 256 rental apartments after the renovation, which will include the construction of a roof deck, a fitness center, a community lounge, and a laundry. There will also be 24-hour doorman service, and amenities will be available to all of the building’s residents. Units will come in studio, one-, two-, and three-bedroom configurations. Half of the apartments, which are currently partially subsidized, will continue to rent at below-market rates. ORE Design + Technology is designing. Construction is expected to be complete in early 2017.
Elmhurst’s development boom is expanding westward into Maspeth. We have a look at a four-story commercial and medical office building headed to 54-08 74th Street, in the industrial borderlands between Maspeth and Elmhurst.
The last time we checked on 45 East 22nd Street, in the Flatiron District, the 65-story condo tower had risen only a dozen floors. Now, the structure has reached its rooftop, easily surpassing the 600-foot-tall One Madison nearby. Tectonic recently swung by the site and gave us an update on the construction progress.
Since November, building owner Jean Claude Marian has been trying to convince the Landmarks Preservation Commission to allow him to construct an addition atop an Upper East Side building. Like the two before it, the latest attempt was not a success. The building in question is 1143 Fifth Avenue, located between East 95th Street and East 96th Street in the Carnegie Hill Historic District.
In December 2015, Curbcut Urban Partners and Platinum Realty Associates acquired, for $12.07 million, the two-story industrial building at 38-01 Queens Boulevard, in the Dutch Kills section of Long Island City. A rendering of the planned nine-story, 146,000-square-foot multi-use commercial building has now been revealed, via the Wall Street Journal. The project will include office space, retail, and a large amount of community facility space that will be able to accommodate medical offices, nonprofits, and other community-related tenants. The commercial building will also feature amenities like a rooftop deck and terraces. The developers plan to both lease and sell, as commercial condos, the space in the building. SBLM Architects is responsible for the design. Demolition permits were filed in January to knock down the existing building.