During the Recession in 2010, an aging brick house was partially demolished at 102 Scholes Street in Williamsburg. A new developer took over the property last year, knocking down the rest of the shell and starting work on a new building. We have a look at what’s rising on the lot between Leonard Street and Manhattan Avenue, across from New York City Housing Authority’s Ten Eyck Houses.
Apartments are about to fill a parking lot in TriBeCa. New building applications have been filed to erect a 12-story, mixed-use building at 86 Warren Street, between Greenwich Street and West Broadway.
Vanbarton Group is in contract to acquire the six-story, 115,000-square-foot mixed-use building, formerly home to the Tribeca Film Festival, at 13-17 Laight Street, in TriBeCa, for $90 million. The group plans to convert the building into a retail, office, and “lifestyle facility” space, the New York Post reported. Vanbarton is in the process of buying out all of the property’s existing commercial and residential tenants. The 13,867-square-foot lot also comes with 10,530 square feet of air rights, although it’s not known if an expansion is planned.
Construction is wrapping on the eight-story, 32-unit mixed-use building under development at 100 Avenue A, located between East 6th and 7th streets in the East Village. Photos of the progress can be seen in an EV Grieve report. The latest building permits indicate the project encompasses 51,121 square feet. The ground and cellar levels will host a 12,000-square-foot Blink Fitness, followed by 32 residential units. They will be condominiums and should average 950 square feet apiece. Amenities include storage for 46 bikes, plus laundry facilities, storage space, and a rooftop terrace. Ben Shaoul’s Magnum Real Estate Group is the developer and Issac & Stern Architects is behind the architecture. Built In Studio is designing the interiors. Completion is expected later this year.
Back in May, Olmstead Properties and Newmark Holdings entered into contract to purchase the six-story, 225,000-square-foot manufacturing building at 43-01 22nd Street, located on the corners of 43rd and 44th avenues in the heart of Long Island City. The duo have now closed on the purchase for $61 million, Commercial Observer reported. They plan to convert the structure into office space, although roughly two-thirds of the property is currently leased to Reis Studios. The vacant portions are expected to be converted soon, but it’s not known when the currently leased space will get the conversion. Upgrades to the building will include a redesigned lobby, new windows and façade elements, and new mechanical infrastructure such as elevators.