Developer Boris Aronov has received the green light to demolish the five-story, seven-unit mixed-use building at 41 West 47th Street and the seven-story commercial building at 43 West 47th Street, in Midtown. No new building applications have been filed with the Department of Buildings, nor has the developer disclosed their plans for the site, DNAinfo reports. As is, the two-property development assemblage could accommodate up to 60,240 square feet of mixed-use development. A future development could include up to 50,200 square feet of residential space with a commercial component, or could take the form of a hotel or office building. Before the structures can be demolished, multiple commercial-retail tenants, in addition to possibly multiple residential tenants, must vacant the properties.
Brooklyn-based Zephyr Construction Management has filed applications for a five-story, 16-unit residential building at 364 Harman Street, in Bushwick, located three blocks from the Knickerbocker Avenue stop on the M train. The structure will encompass 15,845 square feet, and its residential units should average 686 square feet apiece, indicative of rental apartments. Amenities listed in the Schedule A include an eight-car parking lot behind the building, a bicycle storage room, a lobby with a recreation room, and a rooftop terrace. Greenwich Village-based De-Jan Lu is the architect of record. The 48-foot-wide site is currently occupied by a two-story townhouse. Demolition permits were filed for it in November.
Last month, YIMBY reported on new office space in the works for 187 Cook Street in East Williamsburg. Now, we have the first rendering of the development, which will rise between Bushwick Avenue and White Street.
Filings for new residential buildings have slowed to a crawl as the real estate lobby and the construction unions fight over the future of the 421-a tax abatement, but commercial development is alive and well across the city. Yesterday, we spotted plans for a six-story office building at 77 Chrystie Street in the Lower East Side.
Back in 2014, Thor Equities and General Growth Properties were in contract to acquire the four-story, 21,837-square-foot commercial-retail building at 220 West 57th Street, in Midtown. Now, the developers are expecting to close on the property – an individual landmark dubbed the Society House of the American Society of Civil Engineers – for $85 million in June, according to The Real Deal. Its existing tenant, Lee’s Art Shop, is in the process of moving out, probably in time for the sale, DNAinfo reports. The new owners plan to renovate the building into luxury retail space. Any exterior alterations to the building will have to be approved by the Landmarks Preservation Commission. The property comes with 104,160 square feet of air rights.