New York

425 Hoyt Street

Three-Story, 17,301-Square-Foot Commercial Conversion Planned At 425 Hoyt Street, Gowanus

Developer Peter Moore has recently filed applications to turn the former two-story, 15,342-square-foot industrial building at 425 Hoyt Street, in Gowanus, into a three-story, multi-use commercial building. Filings indicate the structure will be expanded by 3,956 square feet and will eventually boast 17,301 square feet of commercial space. DNAinfo reports the ground floor will most likely be leased as office space, although the Schedule A says it could also be retail space. The second and third floors would host private art galleries to showcase and/or store artwork. The developer is banking on plans to clean up and build a park along the Gowanus Canal that would hopefully make the area more attractive. Chinatown-based Jung Wor Chin is the architect of record.


Chappaqua Crossings

Developers Break Ground On Chappaqua Crossing Mixed-Use Development In Northern Westchester

Following 11 years in the planning and approval process, Summit Development and Greenfield Partners broke ground earlier this week on the retail portion of Chappaqua Crossing. The project is an expansive mixed-use development located on the former Reader’s Digest office campus at 480 Bedford Road, in Chappaqua, a northern Westchester County hamlet in the Town of New Castle. The retail portion includes the build-out of 120,000 square feet of commercial space, including a 40,000 square-foot Whole Foods, a Life Time gym, and other shops and restaurants. The Grossman Companies is partnered in the retail portion and the supermarket is expected to open in 2017.


344 Willoughby Avenue

Four-Story, Three-Duplex-Unit Residential Project Coming To 344 Willoughby Avenue, Bedford-Stuyvesant

Brooklyn-based property owner Joel Jacob, doing business through an anonymous LLC, has filed applications for a four-story, three-unit residential building at 344 Willoughby Avenue, in northwestern Bedford-Stuyvesant, located in a neighborhood that’s predominantly populated by Hasidic Jews. The structure will encompass 6,031 square feet and all the three units will be duplexes. One duplex will span the ground and second floors, while two duplexes will share the third and fourth floors. That works out to family-sized units averaging a very spacious 2,010 square feet apiece. Maspeth-based Genaro R. Urueta is the applicant of record. The 34-foot-wide plot is currently occupied by two two-story townhouses and demolition permits have not yet been filed.


399 Adelphi Street

Four-Story, Four-Unit Residential Building Planned At 399 Adelphi Street, Fort Greene

Brooklyn-based Urban View Realty has filed applications for a four-story, four-unit residential building at 399 Adelphi Street, in southern Fort Greene, located five blocks from the Lafayette Avenue stop on the C train. The structure will measure just 5,000 square feet and all of its residential units will have full-floor configurations. The fourth-floor penthouse units will feature, in addition, a fifth-floor penthouse level. The apartments will most likely be condominiums. Woody Chen’s Elmhurst-based Infocus Design & Planning is the architect of record. The project would rise on a 25-foot-wide vacant lot, although the plot of land is associated with the building next door and must first be subdivided.


200 Amsterdam Avenue

Developers Acquire 200 Amsterdam Avenue, Plan 51-Story Condo Tower, Upper West Side

Last October, SJP Properties and the U.S. branch of Tokyo-based Mitsui Fudosan entered into a contract to buy 200 Amsterdam Avenue, a 5,000 square-foot plot currently occupied a vacant synagogue and located between West 69th and 70th streets on the Upper West Side. Commercial Observer reports the sale has since closed, along with $160 million in financing to fund the acquisition. The team of developers have been planning a high-rise condominium tower for the site, which can boast roughly 400,000 square feet of development rights. The latest plans call for a 51-story, 112-unit residential building, although retail space will also probably be included on the ground floor. Neither demolition permits for the existing structure and nor new building applications have yet been filed.


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