Teamsters Local 813 and Local 27 IBT Pension Fund have acquired the two-story, 55,000 square-foot industrial building at 48-18 Van Dam Street, in Sunnyside’s western industrial neighborhood, for $20 million, according to Commercial Observer. The new owners plan to convert the building into commercial space, featuring retail space on the ground floor and office space on the second. Environetics is designing the project. Although the building is mostly vacant, three tenants remain in the building and their leases expire in no more than three years.
Peter Pavlou, head of Whitestone-based Pavlou Realty Inc., has filed applications for twin two-family homes at 40-36 – 40-38 191st Street, in Auburndale, located two blocks away from the neighborhood’s Long Island Rail Road station. Each structure will rise two stories and measure 2,359 square feet, and each full-floor unit should average 1,180 square feet. Belal Salim’s Whitestone-based Platonic Solids Architecture is the architect of record. An existing two-story house was filed for demolition back in November.
Yong Kang Lin, doing business as Corona Manor Realty LLC, has filed applications for two four-story, seven-unit residential buildings at 108-15 – 108-17 37th Avenue, in North Corona, located five blocks from the 111th Street stop on the 7 train. Each structure will measure 5,220 square feet on a 23-foot wide lot, which means units will average 746 square feet apiece and will probably be rentals. Maspeth-based Angelo Ng + Anthony Ng Architects Studio is the applicant of record. The two existing two-family houses were filed for demolition back in August.
Property owner Shan Lin has received permits to build two, three-story residential buildings at 37-17 – 37-21 98th Street, in North Corona, three blocks from the Junction Boulevard stop on the 7 train. Each will measure 4,071 square feet and boast two relatively large units. One unit will occupy the ground floor of each structure, while the second unit will span the second and third levels. Robert Lin’s Flushing-based A&T Engineering is the applicant of record. Each lot’s former two-story wood-framed house was demolished this past summer.
Back in June, YIMBY brought you news of a 28-story mixed-use tower planned for the site of the former Paragon Paint Factory at 45-40 Vernon Boulevard in the Hunters Point section of Long Island City. We know its 295 feet will shine and thanks to an interview with SHoP principal architect Gregg Pasquarelli, we know more about what will become of the factory building itself, which will connect to the new tower.