Pace University plans to spend $190 million on renovations at One Pace Plaza, its 18-story, 500,000-square-foot mixed-use academic building, and the 13-story academic building at 41 Park Row, both located in the Financial District. The first floor, lower level and courtyard entrance of One Pace Plaza will be redesigned and outfitted with new amenities, Real Estate Weekly reported. At 41 Park Row, which is an individual landmark, the ground and second floors will see renovations and new academic spaces. The entrance to the building will also be restored.
Brooklyn-based Atkins Partners has filed applications for a four-story, six-unit residential building at 157 Lexington Avenue, in western Bedford-Stuyvesant. The project will measure 5,931 square feet and its residential units should average 746 square feet apiece, indicative of rental apartments. Shahriar Afshari’s Roslyn, N.Y.-based firm is the architect of record. The 22-foot-wide, 2,238-square-foot lot is vacant.
ArtCondo, a Brooklyn-based real estate group, is planning to develop a seven-story, 20-unit mixed-use building, geared specifically to artists, at 368 East 152nd Street in the South Bronx’s Melrose section. The project will include community facility space, creative works paces in the basement and residential condominium units, Welcome2TheBronx reported. New building applications have not been filed at this time. The vacant 6,344-square-foot site could accommodate up to 30,451 square feet of new development, 21,823 square feet of which could be used as residential space. Construction is anticipated to begin in the coming months.
A Brooklyn-based property owner has filed applications for a four-story, five-unit residential building at 863 East 12th Street, in the northern end of Midwood. The project will measure 6,448 square feet and its full-floor residential units should average 939 square feet apiece. There will be five off-street parking spaces, one of which will be housed on the ground floor of the building. David Nagan’s Fresh Meadows-based firm is the architect of record. The 4,000-square-foot lot is occupied by a two-story house. Demolition permits have not been filed.
Construction has topped out and façade installation is well underway on the 30-story, 104-unit mixed-use building under development at 200 East 95th Street, located on the corner of Third Avenue on the Upper East Side. Progress on the structure can be seen at Curbed NY’s photo tour. The latest building permits indicate the building, dubbed The Kent, encompasses 317,664 square feet and rises 392 feet to its pinnacle.