Construction is now underway on the top floor of the seven-story, seven-unit mixed-use building under development at 152 Elizabeth Street, located on the corner of Kenmare Street in Nolita. The progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will measure 26,788 square feet and rise 85 feet to its roof, not including the bulkhead.
Construction is underway on the top floor of the eight-story, seven-unit mixed-use redevelopment project at 210 Bowery, in Nolita. The site’s existing four-story commercial building is receiving four more floors, or an additional 6,600 square feet of space, as seen in an update by Bowery Boogie.
A rendering has been posted on the site of the planned six-story, five-unit mixed-use redevelopment at 242 Elizabeth Street, in NoLIta. The black-and-white rendering comes as Ervolino Group begins construction to expand the site’s existing single-story commercial building, Bowery Boogie reported. The latest buildings permits indicate the project will measure 7,667 square feet, with 1,795 square feet of commercial-retail space planned on the ground floor, which will be leased to City Gym. Each floor above will contain a single residential unit, although the top unit, a duplex penthouse, will also contain space on an upper penthouse level. The apartments should average 1,174 square feet apiece, and a Crain’s report from 2014 states that the apartments will be luxury rentals. Amenities include private residential storage units and bicycle storage. Nabil Ishac’s Midtown South-based Ishac Design Architects is the architect of record. Completion can probably be expected closer to 2017.
In October of 2015, YIMBY reported on applications to expand the three-story parking garage at 75 Kenmare Street, in NoLIta, into a seven-story mixed-use building with 35 residential units. Now, Curbed NY has the latest details on the project, including the first rendering of the building, depicting the entrance. The project will measure 55,484 square feet, 8,122 square feet of which will be dedicated to ground-floor retail space. The residential units, beginning on the second floor and averaging 1,353 square feet apiece, will be condominiums, ranging from one- to four-bedroom configurations. There will also be a slew of amenities, including an 150-car underground parking garage, as reported previously. Kravitz Design is behind the interiors, while Andre Kikoski Architect is serving as the architect. The value of the project is being tagged at $127 million, and DHA Capital, AMS Acquisitions, and First Atlantic Capital are the developers. Construction is expected to begin in the coming months.
Uncertainty over the future of the 421-a tax abatement is driving developers to focus on condos and commercial projects, because rentals are hard to finance without the tax break. Yesterday’s crop of filings brought yet another application for a small commercial building in Lower Manhattan. Milwaukee restaurateur and former Soho bar owner Karl Kopp filed plans for a seven-story retail project at 277 Mott Street, between Houston and Prince Streets in Nolita.