Trans World Equities has filed applications to redevelop the two four-story commercial buildings at 308-310 Canal Street, in TriBeCa, into a six-story, eight-unit mixed-use structure. The buildings will get a two-story, 3,554-square-foot vertical expansion. Once complete, the redeveloped building will measure 13,776 square feet. There will be 2,146 square feet of retail space on the ground floor, followed by residential units on the second through sixth floors. The units should average 1,454 square feet apiece, indicative of condominiums, and the top two floors will house two duplex apartments. Paul A. Castrucci’s Lower East Side-based architecture firm is the architect of record. The properties are located within the TriBeCa East Historic District, which means the Landmarks Preservation Commission will have to approve the expansion. Curbed NY reported on the project.
Back in October of 2014, developers of the planned six-story, multi-use commercial building at 19 East Houston Street, in SoHo, met with city and community officials and agreed to limit the project’s retail space to under 10,000 square feet, as well as widen the sidewalk. That was after the City Planning Commission already approved the proposal with more retail in August of 2014. Last week, Madison Capital and Vornado Realty Trust closed on the purchase of the triangular, 6,174-square-foot development site for $25.8 million from the New York City Economic Development Corporation (NYCEDC), the Wall Street Journal reports. The latest building permits indicate a 98-foot-tall, 41,267-square-foot building is planned. The commercial space will be broken up between 11,500 square feet of retail space on the cellar through second levels, and 22,751 square feet of boutique office space on the third through sixth floors.
When we wrote about plans for 221 East 138th Street last summer, the developer hoped to include affordable housing in the new South Bronx apartment building. Now Anthony Gurino, of Tahoe Development, has decided to make the project in Mott Haven entirely market-rate, joining the ranks of a few other ambitious projects in this industrial neighborhood.
When we last checked in on the ODA New York-designed mixed-use development at 436 Albee Square, in Downtown Brooklyn, it was about three stories above ground. Now, it’s about three months later and, thanks to photos sent to us by our friend Tectonic, we can see the project has risen to about 20 stories above ground, on its way to a final height of 28 stories.
Most of President Street in western Crown Heights is densely built out with townhouses, aging apartment blocks, a huge armory, and in some places, detached mansions. But every once in a while, the owner of a small commercial property bows to Crown Heights’ market pressures, either developing their property or selling it to someone who will.