Retail

Lightstone Group Tests Waters for 244-Unit Condominium Tower at 130 William Street, Financial District

The Lightstone Group is now exploring market demand for a 244-unit condominium tower at its Financial District development site at 130 William Street. The developer is abandoning previous plans, filed in March 2015, for a 50-story residential-hotel tower, The Real Deal reported. The latest building applications at the Department of Buildings have been amended to reflect the change in plans. Although the number of units don’t match reports, the latest filings detail a 61-story, 188-unit tower with 15,373 square feet of retail across the cellar through second floors. The structure would measure 386,588 square feet and rise 750 feet in height. Goldstein, Hill & West Architects is the architect of record.


29-26 Northern Boulevard

43-Story, 467-Unit Mixed-Use Tower Rises to 16th Floor at 29-26 Northern Boulevard, Long Island City

Construction is now 16 floors above street level on the 43-story, 467-unit mixed-use building under development at 29-26 Northern Boulevard, in the Queens Plaza section of Long Island City. Progress on the structure can be seen thanks to photos posted to the YIMBY Forums. The latest building permits indicate the tower will encompass 500,302 square feet and rise 481 feet to the top of its bulkhead. There will be 11,372 square feet of retail space on the cellar through second floors, followed by 467 apartments across the second through 41st floors. The units should average 791 square feet apiece, indicative of rentals. Simon Baron Development is the developer and Stephen B. Jacobs Group is the architect. Completion is expected in 2018.



192 Eighth Avenue

Revealed: Six-Story, Five-Unit Mixed-Use Building Planned at 192 Eighth Avenue, Chelsea

Vinbaytel Developments has acquired the vacant three-story, 5,148-square-foot mixed-use building at 192 Eighth Avenue, located between West 19th and 20th streets in Chelsea. The new owner plans to build a six-story, five-unit mixed-use building, Commercial Observer reported. Building permits, which have not yet been approved, are currently on file for a 10,390-square-foot structure with 2,090 square feet of retail space on the ground floor, although the rendering appears to indicate retail on the second floor, as well. The residential condominiums, which should average 1,660 square feet apiece, will be located across the second through sixth floors, plus a seventh-floor penthouse. Little Neck, Queens-based Versatile Engineering is the applicant of record.


3514 Surf Avenue

21-Story, 311-Unit Mixed-Use Tower Filed at 3514 Surf Avenue, Coney Island

Red Apple Group has filed applications for a 21-story, 311-unit mixed-use building at 3514 Surf Avenue, located between West 35th and 36th streets in the western end of Coney Island. The development would encompass 432,300 square feet and rise 185 feet to its roof. It would include 22,513 square feet of retail space on the ground floor, followed by apartments across the third through 21st floors. The apartments should average 969 square feet apiece. There will be a 254-car parking garage across the cellar through second floors, with residential amenities across the second through fourth floors. Goldstein, Hill & West Architects is the architect of record. The 69,848-square-foot site, encompassing an entire block, is vacant.


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