The Lightstone Group

365 Bond Street

12-Story, 430-Unit Residential Building Complete At 365 Bond Street, Gowanus

Back in January, construction was wrapping up on the 12-story, 430-unit residential building at 365 Bond Street, in Gowanus, and now Real Estate Weekly reports the building is nearly complete. Curbed NY also has new renderings of the project, dubbed 365 Bond. The rental apartments will come in a variety of configurations, including studio-, one-bedroom, and townhouse-style layouts, although details for the larger apartments haven’t been made available yet. There will be roughly 40,000 square feet of amenities in the form of a fitness center, a spinning room, a yoga room, multiple lounges, a library, a recreation room, multiple rooftop terraces, a waterfront esplanade, an interior courtyard, and residential and bike storage.There will also be 1,240 square feet of retail space on the ground floor. The Lightstone Group is the developer and Goldstein, Hill & West Architects designed the building. MARKZEFF and Weintraub Diaz Landscape Architecture also aided in the design process. Occupancy is expected in April, and construction is currently underway on another 270-unit residential building at 363 Bond Street.


485 Seventh Avenue

Financing Secured For 16-Story, 618-Key Hotel Conversion At 485 Seventh Avenue, Garment District

In March of 2015, the Landmarks Preservation Commission approved alterations that would go into converting the 16-story, 235,000 square-foot office building at 485 Seventh Avenue, at the corner of West 36th Street in the Garment District, into a boutique hotel. The property, an individual landmark, was completed in 1907 as the Mills Hotel No. 3, a male-exclusive, 1,885-unit single-room occupancy residential hotel. The Lightstone Group is planning to convert the property into a 618-key MOXY Hotel by Marriott, and Commercial Observer reports $330 million in financing was secured for the project. Retail space and a restaurant will be located each on the ground and second floors. Stonehill & Taylor Architects is the architect of record.


363-365 Bond Street

One Building Finishes, Another Rises At 700-Unit Project At 363-365 Bond Street, Gowanus

Over the summer was when YIMBY last checked in on the two-building, 700-unit development under construction at 363-365 Bond Street, in Gowanus. At the time, the Lightstone Group’s building at 365 Bond was structurally complete and getting its curtain wall, and foundation work was ongoing at 363 Bond. Today, 365 Bond is wrapping up construction and its leg of the public esplanade along the Gowanus Canal is receiving its finishing touches, Pardon Me For Asking reports. Meanwhile, since Atlantic Realty Development acquired the 363 Bond site, the building has risen four stories. 365 Bond is expected to be completed within the next few months, and 363 Bond will probably wrap up construction in 2017. Both buildings will include small retail and community facility components.


40 East End Avenue. Via Google Maps.

Permits Filed For Lightstone’s 18-Story Residential Building At 40 East End Avenue, Yorkville

Back in June, YIMBY reported on the Lightstone Group’s acquisition of the six-story building at 40 East End Avenue, at East 81st Street in Yorkville. Permits were filed at the end of October with a support of excavation filing on Friday, and now new details can be reported. The plan is still demolition of the existing building in favor of an 18-story building, rising to 210 feet. The plan reported in June called for 30 condominium units, but the filing shows 29 units.

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30-17 40th Avenue

Lightstone Developing 10-Story, 428-Unit Residential Project At 30-17 40th Avenue, Long Island City

Late last year, YIMBY reported on applications for a 10-story, 428-unit residential building at 30-17 40th Avenue, in northern Long Island City, and now Curbed reports the Lightstone Group is the developer. Per filings with the DOB, the building will measure 293,703 square feet, but that only includes a portion of the building’s entire area, which will measure 413,000 square feet in total. Retail space will also measure 3,181 square feet on the ground floor. The project will be made up of studios, one-, and two-bedroom units, as well as 22,000 square feet of amenity space. Gerner Kronick + Valcarcel Architects is the applicant of record, and completion is expected in 2017.

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