Back in August, excavation began for G&M Realty’s planned 48- and 41-story, 1.2-million square-foot mixed-use development at 22-44 Jackson Avenue, in Long Island City. Now, foundation work is underway at the site, according to The Court Square Blog. HTO-Architect is designing the project, which will include 1,116 residential units and 39,765 square feet of retail space. Completion is expected in the winter of 2017.
Developer Eli Hemway has purchased the three-parcel assemblage at 1215 Fulton and 10-16 Halsey Streets, in southwestern Bedford-Stuyvesant, for $18.5 million. The development site boasts 160,000 square feet of development rights. It includes the two-story Slave Theater and a brick warehouse structure, according to The Real Deal, and plans for the site have not yet been disclosed.
Staten Island-based Joseph Palermo has filed applications for two three-story, two-family houses at 153-157 David Street, in Eltingville, on Staten Island’s southern shore. Each structure will measure 2,674 square feet in total, which works out to family-sized units averaging 1,337 square feet each. Emanuel Lo Bue’s Staten Island-based Lo Bue Valenziano is the applicant of record. The existing single-story home was demolished in October.
Property owner Avrum Rubin has filed applications for a four-story, six-unit residential building at 1325 53rd Street, in Borough Park, three blocks north of the 55th Street stop on the D train. The project will measure 8,790 square feet, and units will average a family-sized 1,465 square feet apiece. Hudson Valley-based Thomas Kenneth is the applicant of record, and an existing three-story apartment building must first be demolished.
Just as AvalonBay Communities wraps up its big Brooklyn tower in Downtown Brooklyn, the developer has filed new building applications for a 33-story development at 1865 Broadway, just north of Columbus Circle on the Upper West Side.