Last fall, the New York Times broke the news that the landmarked Metro Theater on the Upper West Side would become a Planet Fitness. Now applications have officially been filed to convert the 1930s Art Deco theater at 2626 Broadway into retail.
There were rumors back in the summer of 2015 that the three-story, 20,000-square-foot retail building at 2251-2259 Broadway (a.k.a. 256 West 81st Street), on the Upper West Side, would be demolished for a new building, and it appears that will be the case. Alchemy Properties and Carlyle Group have purchased the property for $51 million and, according to The Real Deal, are planning to build a condominium tower. Alchemy Properties leased the building last year to remove all its tenants, and the structure will subsequently be demolished. The project could be as large as 94,000 square feet, but no demolition permits or new building applications have been filed yet.
Yesterday, we reported on yet another delay in the over year-long process of the city deciding whether to allow a landmark former church on the Upper West Side to be converted to condominiums. Now, we can report that the developer has withdrawn the plan for 361 Central Park West. That plan initially called for 39 units, but was scaled down to 35. The structure was built in 1903 as the First Church of Christ, Scientist of New York City. It received designation as an individual landmark in 1974.
It was back in 2014 that Manhattan Community Board 7 started considering a plan to convert a landmark former Upper West Side church into condos. Now, it is February of 2016 and there is still no word on whether that conversion will go forward, its fate held in the hands of the Board of Standards and Appeals.
Back in July of 2014, YIMBY brought you renderings of the proposed 14-story, 10-unit residential building at 207 West 75th Street, on the Upper West Side. The project required a special permit from the Board of Standards and Appeals, but the developer was unsuccessful in obtaining a variance and the site was eventually unloaded for $13.25 million in 2015. The new developer, Opal Holdings, has since filed applications to expand the existing two-story building into a seven-story, five-unit mixed-use one. Real Estate Weekly now reports a $14.8 million construction loan has been secured for the 20,000-square-foot project. There will be 5,000 square feet of retail on the ground and cellar levels, and full-floor apartments beginning on the second floor. The sixth and seventh floors will contain a five-bedroom duplex penthouse featuring a terrace. Jeffrey Cole Architects is designing.
