Jamestown is planning to convert the basement level of Chelsea Market – a 1.2-million-square-foot, multi-use commercial complex located on the block bound by Ninth and Tenth avenues and West 15th and 16th streets, at 75 Ninth Avenue in southern Chelsea – into retail space. The conversion of the basement would double the retail space of the property to 80,000 square feet, according to Crain’s. The basement would be made into a single corridor similar to how the ground floor is currently configured with retailers. The project is expected to take five years. After the retail expansion, and pending an anchor tenant, the owners plan to vertically expand the complex’s office space by roughly 300,000 square feet. The office plans passed the city’s Uniform Land Use Review Procedure (ULURP) in 2012.
Back in March of 2015, YIMBY reported on new applications filed for a two-building residential project on the block-thru lot at 164 South Oxford Street and 171 South Portland Avenue, in Fort Greene, located within four blocks of the B, C, D, G, N, Q, R, 2, 3, 4, and 5 trains and Atlantic Terminal. Now, the developer, East River Partners, is moving forward with slightly more contextual plans than their initial proposal in 2014 and has revealed renderings of it to Curbed NY. The latest building permits describe the South Oxford Street component as a four-story, 11,070-square-foot structure with seven units. Its units should average 1,212 square feet apiece. The South Portland Avenue side will be a five-story, 19,732-square-foot building with nine units averaging 1,566 square feet apiece. The apartments, which will be condominiums, will come in two-, three-, and four-bedroom configurations. Work is currently underway and completion is expected in early 2017. Flatiron District-based Barry Rice Architects is the architect of record.
Back in September of 2014, YIMBY brought you an update on the development site at 16 West 57th Street, along Midtown’s Billionaires’ Row, when the property was acquired for $95 million by a Brazilian investor. Last week, developer Sheldon Solow acquired the property, a five-story, 24,000-square-foot commercial building, for $128 million, The Real Deal reported. The developer also owns the adjacent properties at 10 West 57th Street, 20 West 57th Street, and 19 West 56th Street. The site assemblage now boasts 213,000 square feet of residential development rights, plus additional rights that can be put towards a commercial component. The new owner has yet to disclose plans for the site. Demolition permits were filed last year to raze 16 West 57th Street as well as the six-story office building at 19 West 56th Street.
Medical and bio-tech product development consulting firm MIDI has finished construction on their new single-story office and research headquarters at 226 East Main Street, in Smithtown on Long Island, located nearly a mile from the neighborhood’s Long Island Rail Road station. The new building hosts MIDI’s corporate offices, its research, design, and engineering studios, and a prototyping lab. The structure also contains additional science and medical diagnostic spaces, including a Northwell Health imaging center. The $5 million facility was constructed by Stalco Construction and designed by Long Island-based nf architectural designs.
Possibly the most prominent new development in New York City is beginning to come to life today. 10 Hudson Yards, the first building completed at Related and Oxford’s Hudson Yards mixed-use project, is opening its doors, and we have a new look at the skyscraper, which will be home to Coach’s corporate headquarters.