Retail

Façade Installation Underway at Seven-Story, 48-Unit Mixed-Use Project, 500 Waverly Avenue, Clinton Hill

6:00 am on July 13, 2016 By Reid Wilson

Since topping out earlier this year, façade installation has been the focus at the seven-story, 48-unit mixed-use project under development at 500 Waverly Avenue, located on the corner of Fulton Street in southern Clinton Hill. Progress on the exterior can be seen thanks to a photo taken by Tectonic. The latest permits indicate the new building, dubbed Waverly Brooklyn, measures 62,719 square feet. On the ground floor will be 7,568 square feet of retail space, followed by 48 condominium above. The apartments should average 975 square feet apiece and will range from studios to four-bedrooms. Amenities include a 33-car underground garage, private residential storage units, a fitness center, a lounge featuring a library, media center, and pantry, landscaped terraces on the second floor and rooftop, and bike storage. Orange Management is the developer and Gerner, Kronick & Valcarcel is the architect. Completion is expected later this year.

Landmark Theatres to Operate Multiplex at 709-Unit VIA 57 WEST, 625 West 57th Street, Hell’s Kitchen

4:00 pm on July 12, 2016 By Reid Wilson

Northern Hell’s Kitchen is getting a movie theater. Now that exterior construction has been completed on the 32-story, 709-unit mixed-use building, dubbed VIA 57 WEST, at 625 West 57th Street in Hell’s Kitchen, work is underway to lease the building’s apartments and fill its 45,000 square feet of retail space. One of those commercial tenants now includes Landmarks Theatres, which will operate an eight-screen movie theater within the base of the building.

Pacific Park’s 23-Story, 303-Affordable-Unit Mixed-Use Building Tops Out at 38 Sixth Avenue, Prospect Heights

11:00 am on July 12, 2016 By Reid Wilson

The 23-story, 303-unit mixed-use building under development at 38 Sixth Avenue, at the corner of Dean Street in Prospect Heights, has topped out. Three months ago, the structure was merely two stories above street level. It now encompasses 341,595 square feet. It will host 8,700 square feet of retail space and medical offices on the ground floor, followed by 303 affordable residential units. All of the rental apartments will rent at below-market rates through the housing lottery. Amenities include a 73-car underground garage, space for a whopping 400 bikes, private residential storage space, a fitness center with a yoga room, a children’s playroom, and a terrace on the 16th floor. Greenland Forest City Partners, comprising of Greenland USA (the US branch of Shanghai-based Greenland Group) and Forest City Ratner Companies, is the developer. The duo are heading the 17-building Pacific Park mixed-use mega-development, of which 38 Sixth Avenue is a part. SHoP Architects is behind the design. Completion can probably be expected later this year or in early 2017.

Construction at Pier 17 at the South Street Seaport, as seen from the Brooklyn Bridge. Photo by Tectonic

Façade Installation Continues at South Street Seaport’s Pier 17

8:00 am on July 12, 2016 By Evan Bindelglass

Real progress is being made on the redevelopment of the South Street Seaport. Façade installation is well underway on the new Pier 17 mall.

Reveal for Two-Tower, 1.1-Million-Square-Foot Office Complex at 28-07 Jackson Avenue, Long Island City

6:30 am on July 12, 2016 By Reid Wilson

A rendering has been revealed of Tishman Speyer’s planned two-tower, 1.1-million-square-foot office complex at 28-07 Jackson Avenue (a.k.a. 28-10 Queens Plaza South), in the Queens Plaza section of Long Island City. The towers – dubbed One and Three Gotham Center – will stand 27 stories, or 396 feet, in height. As YIMBY reported in June, new building applications indicate a common four-story base will include roughly 30,000 square feet of retail space, restaurants, a food hall, and a parking garage for cars and bikes. The rendering also depicts an outdoor terrace on the fifth floor. 800,000 square feet of office space in the complex has already been pre-leased. One tenant includes WeWork, which is set to take 250,000 square feet. Another is Bloomingdale’s, which has reserved 550,000 square feet of office space, Crain’s reported. Doha-based Qatari Diar is co-developing the project, while Financial District-based MdeAS Architects is designing. Excavation is expected to begin in early 2017, with completion scheduled for 2019. One and Three Gotham Center will join the 22-story, 700,000-square-foot Two Gotham Center located immediately to the north. Tishman Speyer developed that in 2011.

Reveal for 11-Story, 181-Affordable-Unit Mixed-Use Building at 4511 Third Avenue, Belmont

6:00 am on July 12, 2016 By Reid Wilson

A rendering has been revealed of the 11-story, 181-affordable-unit mixed-use building planned at 4511 Third Avenue, in the Belmont section of the Bronx. The 294,207-square-foot, thru-block development (consisting of seven- and 11-story components), will host 57,549 square feet of medical space on the ground and second floors and 10,127 square feet of ground-floor retail, as YIMBY reported in February. The rental apartments above, all of which will rent at below-market rates, should average 928 square feet apiece. Amenities include a 128-car garage, storage for 96 bikes, laundry facilities, and multiple outdoor terraces. The SBH Health System (St. Barnabas Hospital, located across the street) will utilize the medical space, as well as operate a 10,800-square-foot terrace geared towards exercise for the building’s tenants.

Three-Story, 17,000-Square-Foot Mixed-Use Commercial Project Planned at 11 Bay 20th Street, Bath Beach

3:00 pm on July 11, 2016 By Reid Wilson

Eric Ho, doing business as an anonymous Brooklyn-based LLC, has filed applications for a three-story, 17,354-square-foot mixed-use commercial building at 11 Bay 20th Street, in Bath Beach. There will be 4,238 square feet of retail space across the ground floor, followed by a 179-child daycare center on the second and third floors. There will also medical offices in the cellar. Timothy Li’s Brooklyn-based TLI Architect is the architect of record. The 60-foot-wide, 5,800-square-foot property is currently occupied by a two-and-a-half-story, three-family house. Demolition permits were filed in May. The 18th Avenue stop on the D train is located a block away.

Construction Wraps on 14-Story, 159-Unit Affordable Mixed-Use Building at 203 Gramatan Avenue, Mount Vernon

2:00 pm on July 11, 2016 By Reid Wilson

Construction is wrapping up on a 14-story, 159-unit mixed-use building at 203 Gramatan Avenue, in downtown Mount Vernon. That’s in southern Westchester County. It’s been dubbed La Port Apartments. All of the units, which range from studios to two-bedrooms, will be rented at below-market rates as affordable workforce housing, Westfair reported. Amenities include a fitness center, a children’s playroom, a media room, a lounge with a pantry, and a 4,000-square-foot rooftop deck. The base of the building will also host 20,000 square feet of retail space, of which Dollar Tree has already leased half. Atlantic Development Group, headed by Peter Fine, and Kenwood Equities are the developers, and GF55 Partners is the architect. After nine years in the development process, completion is expected in the next few months. Peter Fine is also planning a market-rate residential project next to La Porta Apartments, according to the Wall Street Journal.

Five-Building, 14-Unit-Plus Mixed-Use Project Planned at 43-06 102nd Street, North Corona

11:00 am on July 11, 2016 By Reid Wilson

Leroy D. Blake, doing business as an anonymous Corona-based LLC, has filed applications for five mixed-use, multi-family buildings at 43-06 102nd Street and 101-16 – 101-20 43rd Avenue, in North Corona. Two of the buildings will rise three stories and contain three apartments, while another two will stand four stories and contain four apartments. New building permits indicate there will be a fifth building, but it hasn’t been individually filed yet. Of the filed structures, they will measure between 3,971 square feet and 4,508 square feet each. There will be 11,855 square feet of residential space and 3,469 square feet of ground-floor retail space. The apartments will likely be rentals and amenities include a “recreational room” and two off-street parking spots. Michael Mastrogiacomo’s Queens-based engineering firm is the applicant of record. The 7,725-square-foot corner lot is currently occupied by an auto repair business. Demolition permits were filed in June. The 103rd Street-Corona Plaza stop on the 7 train is four blocks away.

Five-Story, 20,000-Square-Foot Mixed-Use Commercial Building Filed at 5501 New Utrecht Avenue, Borough Park

10:00 am on July 11, 2016 By Reid Wilson

Yosef Streicher, doing business as an anonymous Brooklyn-based LLC, has filed applications for a five-story, 20,421-square-foot mixed-use commercial building at 5501 New Utrecht Avenue, in the heart of Borough Park. The ground floor will host 3,200 square feet of retail space, followed by a 171-child daycare center on the second and third floors, and medical offices on the fourth and fifth floors. Charles Mallea’s Brooklyn-based M Architecture is the architect of record. The irregularly-shaped, 3,351-square-foot lot, at the corner of 55th Street, is currently occupied by a single-story commercial building. Demolition permits haven’t yet been filed. The site is located directly below the 55th Street stop on the D train.

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