Downtown

298 East 2nd Street

Eight-Story, Seven-Unit Residential Project Filed at 298 East 2nd Street, East Village

The Lee Properties Group has filed applications for an eight-story, seven-unit residential building at 298 East 2nd Street, in the Alphabet City section of the East Village. It will measure 14,832 square feet and its residential units should average 1,967 square feet apiece, indicative of condominiums. There will be a duplex apartment across the ground and second floors, followed by full-floor apartments on the third through eighth floors. Storage space for four bikes will be located on the ground floor. Hudson Square-based Zakrzewski + Hyde Architects is the architect of record. The 25-foot-wide, 2,649-square-foot property traded for $7.03 million in October of 2015, after being placed on the market for $8.5 million in 2014. A single-story warehouse must first be demolished. Permits were filed to raze the structure in April.


36-40 West 10th Street

Three Townhouses at 36-40 West 10th Street to Be Transformed Into Single-Family Mansion, Greenwich Village

Media billionaire Sean Parker, of Naptster fame, has acquired, for an undisclosed amount, the five-story townhouse at 36 West 10th Street, in Greenwich Village. Parker also currently owns the five-story townhouse at 38 West 10th Street and the three-story townhouse at 40 West 10th Street. He plans to combine the three properties into a single-family mansion, the New York Post reported. The townhouse in the latest acquisition is currently under renovation and was set to be marketed for roughly $22 million. The assemblage is located within the Greenwich Village Historic District, which means the Landmarks Preservation Commission must approve any exterior alterations.


703 Washington Street, image via Google Maps

Permits Filed: 703 Washington Street, West Village

A pair of condo buildings is set to replace two stories of retail and office space on a sleepy residential block in the West Village. New building applications were filed over the weekend to erect two connected six-story buildings at 703 Washington Street, on the corner of Perry Street and a block east of the West Side Highway.

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115 Delancey Street

Foundation Work Complete for Essex Crossing’s 25-Story, 195-Unit Mixed-Use Tower, 115 Delancey Street, Lower East Side

Foundation work appears to be complete for the 25-story, 195-unit mixed-use building being developed as part of the Essex Crossing mega-development, at 115 Delancey Street, on the Lower East Side. A tower crane was also installed at the site, the Lo-Down reported, which means vertical growth is imminent. The latest building permits indicate the structure will encompass 498,688 square feet and stand 285 feet above street level. The building will have 139,493 square feet of commercial-retail space – in addition to bel0w-grade space that isn’t counted in documents — spread across the cellar through fourth floors. The cellar level, the ground floor, and mezzanine levels will contain retailers, including the new home of the Essex Street Market. This portion will form a third of the Market-Line, a bi-level, 150,000-square-foot retail complex that will connect below-grade to two other buildings in the Essex Crossing development.

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6 Water Street

29-Story, 250-Key Hotel Building Tops Out at 6 Water Street, Financial District

Since being eight stories in height when YIMBY checked in last October, the 29-story, 250-key hotel under development at 6 Water Street — located at the corner of Moore Street in the Financial District — has topped out. The construction progress can be seen thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the 298-foot-tall structure measures 125,684 square feet. Guest amenities at the hotel will include storage for 10 bikes, a fitness center, a coffee shop, and a restaurant on the second floor. The hotel rooms will begin on the third floor. The hotel operator is not yet known. Magna Hospitality Group is the developer and Gene Kaufman’s SoHo-based architectural firm is responsible for the design. Since the majority of the hotel’s façade is already installed, completion later this year wouldn’t be surprising.


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