Office

City Announces Master Plan to Redevelop Shuttered Seaview Hospital Into Mixed-Use Complex, Staten Island

11:00 am on August 17, 2016 By Reid Wilson

The New York York City Economic Development Corporation (NYCEDC), with Staten Island Borough President James Oddo, has announced the master plan to redevelop the severely dilapidating Seaview Hospital complex at 460 Brielle Avenue, located in central Staten Island. The mixed-use redevelopment, dubbed Sea View Healthy Community, will include medical space, retail, residential units, and community facilities/public open space. Currently, the city is in the process of allocating funding for infrastructure improvements and upgrades. The NYCEDC is planning to launch the application processes, a formal Request for Expressions of Interest (RFEI), for individual components of the redevelopment later this year. The campus sits within the New York City Farm Colony-Seaview Hospital Historic District, which means the Landmarks Preservation Commission must approve the design of all of project’s components. So far, the LPC has approved plans for a two-story Meals on Wheels building.

New Developers Acquire Site Of Planned Commercial Project at 206 Kent Avenue, Williamsburg

6:00 am on August 15, 2016 By Reid Wilson

Two anonymous entities have acquired, for $33 million, the vacant 22,640-square-foot development site at 206 Kent Avenue, in northern Williamsburg, Commercial Observer reported. That’s the property bound by Kent and Metropolitan avenues and River and North 3rd streets, located a block in from the East River. The previous owner, Alliance Private Capital Group, was planning a 45,000-square-foot mixed-use commercial building with retail space on the ground floor and office space above. In fact, the grocery store Trader Joe’s signed a lease last year for 18,000 square feet of space across the ground and cellar levels. It hasn’t been confirmed if the new owners plan to follow through with the same project. New building applications haven’t been filed.

Three-Story, Two-Unit Mixed-Use Building Planned at 148 McClean Avenue, Arrochar, Staten Island

10:00 am on August 12, 2016 By Reid Wilson

Property owner Chris Reno, doing business as an anonymous Staten Island-based LLC, has filed applications for a three-story, two-unit mixed-use building at 148 McClean Avenue, in Arrochar. That’s located along Staten Island’s East Shore. The project will measure 4,840 square feet. It will feature 1,425 square feet of commercial-office space on the ground and cellar levels, followed by full-floor residential units on the two floors above. The apartments should average 959 square feet apiece. The project will come with three off-street parking spaces. Joseph Loccisano’s Staten Island-based Sanna & Loccisano Architects is the architect of record. The 40-foot-wide, 4,000-square-foot property is currently vacant.

New Rendering Revealed of Two-Building Office Complex Planned at 270 Richards Street, Red Hook

7:00 am on August 11, 2016 By Reid Wilson

An overhead rendering has been revealed of the planned two-building, four-story (plus penthouse) office complex, dubbed Red Hoek Point and located at 270 Richards Street, the former site of the Revere Sugar Refinery in Red Hook. The rendering, published by Curbed NY, shows off the project’s outdoor spaces, which will include a central plaza, waterfront esplanade, and landscaped rooftop terraces. YIMBY reported on the project’s new building applications in June. The filings described an office complex encompassing 1,135,610 square feet, of which 645,103 square feet will be commercial space for offices and retail. Thor Equities, the developer, is planning a 1,112-car parking garage in the cellar, although a variance must first be obtained to build it. Ground-floor retail and restaurant space will measure 23,000 square feet. Sir Norman Foster’s London-based Foster + Partners is the design architect, while Adamson Associates Architects is serving as the executive architect. Groundbreaking is expected this fall.

Partial Medical Office Conversion Planned at Two-Story, 57,000-Square-Foot Property, 99-01 Queens Boulevard, Rego Park

6:00 am on August 11, 2016 By Reid Wilson

The Blumenfeld Development Group has purchased, for $31.2 million, the two-story, 56,916-square-foot mixed-use commercial building at 99-01 Queens Boulevard, in Rego Park, from Vornado Realty. The new owner plans to convert the property’s vacant portions into a medical facility for Mount Sinai Hospital, according to Real Estate Weekly. The hospital has already signed a lease with Blumenfeld. The property currently features retail space on the ground and cellar levels, followed by commercial-office space on the second floor. Existing tenants, which will remain in the building, include Bank of America, New York Sports Club, and DeVry College of New York. Completion of the conversion is expected in early 2017.

Development Team Acquires 11-Story Watchtower Complex at 25-30 Columbia in Brooklyn Heights, Plans Creative Office Conversion

6:00 am on August 5, 2016 By Reid Wilson

Over the spring, a team of developers entered into contract to acquire, from the Jehovah’s Witnesses, the 11-story, 739,000-square-foot commercial complex known as the Watchtower, at 25-30 Columbia Heights, in Brooklyn Heights. The team – now a joint venture between the Kushner Companies, CIM Group, and LIVWRK – have closed on the purchase for roughly $340 million, Commercial Observer reported. The new owners plan to convert the complex into creative office space, likely similar to how some of the same developers transformed the five-building complex now dubbed DUMBO Heights. The redevelopment is expected to begin within a year. In addition to the acquisition of 25-30 Columbia Heights, the same partnership is remains in contract to buy the vacant, block-encompassing development site at 85 Jay Street, in DUMBO.

New Owners Plan Office, Retail Conversion at Six-Story, 115,000-Square-Foot Building, 17 Laight Street, TriBeCa

6:30 am on August 4, 2016 By Reid Wilson

Vanbarton Group is in contract to acquire the six-story, 115,000-square-foot mixed-use building, formerly home to the Tribeca Film Festival, at 13-17 Laight Street, in TriBeCa, for $90 million. The group plans to convert the building into a retail, office, and “lifestyle facility” space, the New York Post reported. Vanbarton is in the process of buying out all of the property’s existing commercial and residential tenants. The 13,867-square-foot lot also comes with 10,530 square feet of air rights, although it’s not known if an expansion is planned.

New Owners Plan Partial Office Conversion at Six-Story, 225,000-Square-Foot Industrial Property, 43-01 22nd Street, Long Island City

4:00 pm on August 3, 2016 By Reid Wilson

Back in May, Olmstead Properties and Newmark Holdings entered into contract to purchase the six-story, 225,000-square-foot manufacturing building at 43-01 22nd Street, located on the corners of 43rd and 44th avenues in the heart of Long Island City. The duo have now closed on the purchase for $61 million, Commercial Observer reported. They plan to convert the structure into office space, although roughly two-thirds of the property is currently leased to Reis Studios. The vacant portions are expected to be converted soon, but it’s not known when the currently leased space will get the conversion. Upgrades to the building will include a redesigned lobby, new windows and façade elements, and new mechanical infrastructure such as elevators.

Proposals for 363 Lafayette Street, previous and revised

Landmarks Approves Morris Adjmi’s Revised Design for Office Building at 363 Lafayette Street, NoHo

8:00 am on August 3, 2016 By Evan Bindelglass

A NoHo lot is on its way to getting a new 10-story-tall office building designed by prolific architect Morris Adjmi. On Tuesday, the Landmarks Preservation Commission approved the revised proposal for such a structure at 363 Lafayette Street.

Four-Story, 60,000-Square-Foot Factory Converted Into Retail-Office Property at 47-16 Austell Place, Long island City

10:00 am on July 29, 2016 By Reid Wilson

The four-story, 60,000-square-foot industrial building at 47-16 Austell Place, in southern Long Island City, has recently been converted for a variety of commercial uses, according to Commercial Observer. It hosts 10,000 square feet of ground floor retail space, of which a food café has already leased a portion. The floors above, with floor plates of 16,000 square feet, are geared towards office tenants and community facility uses. Joffrey Ballet Center, a dance school, has leased the fourth floor. Upgrades made to the building include renovations to the interior, a new roof, a revitalized façade with new windows, and a redesigned lobby. A rooftop lounge with landscaping is also being built and is expected to be complete in early 2017. The Vanbarton Group, which purchased the property for $7.7 million in 2015, is the developer. Montroy Andersen DeMarco is the architect.

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