The New York City Economic Development Corporation (NYCEDC) and the 38-member co-op that leases the 113-acre, one-million-square-foot Hunts Point Produce Market — at 101 Food Center Drive, in Hunts Point — are currently in negotiations to completely rebuild the wholesale food market. Existing warehouses would be demolished and new ones would be built in phases, the New York Post reported. A previous plan to retain the existing structures and simply expand the footprint has been thrown out. The existing complex does not having enough cold storage warehouses, and there are environmental concerns. Infrastructure upgrades are part of the new plan and, so far, include $8.5 million in city-funded rail upgrades and $10.5 million in capital improvements, like electric upgrades. The market is the largest food distribution center in the world.
Brooklyn-based YSL Management Inc. has filed applications for a four-story, five-unit residential building at 921 57th Street, in western Borough Park. The new structure will measure 6,507 square feet. Its residential units should average 1,077 square feet apiece, indicative of condominiums. The apartment on the fourth floor will also feature space in an upper penthouse level and there will be two off-street parking spaces. Sugnam Chang’s Brooklyn-based Basic Groups Corp. is the architect of record. The 25-foot-wide, 2,454-square-foot property is currently occupied by a two-story house. Demolition permits haven’t been filed. The Fort Hamilton Parkway stop on the N train is six blocks away.
A big hole in the ground on Manhattan’s East Side is nearly ready to be filled. Foundation work is almost done at 685 First Avenue, located between East 39th and East 40th streets in Murray Hill.
It’s not often that development in Long Island City results in fewer residential units for the neighborhood. However, next year in Hunters Point, a small conversion project at 10-18 47th Avenue is slated to do just that.
Queens-based property owner Leny Vays has filed applications for a four-story, four-unit residential building at 10-42 47th Road, in Long Island City’s Hunters Point section. The project will measure 4,897 square feet, which means its residential units should average 1,224 square feet apiece, indicative of condominiums. There will be an apartment each on the ground and second floors, followed two apartments spanning parts of the third and fourth floors. Igor Zaslavskiy’s Brooklyn-based Zproekt is the architect of record. The 25-foot-wide, 2,500-square-foot lot is currently occupied by a single-story garage. Demolition permits were filed in June.