New Hyde Park-based Lilly Chen has filed applications for a seven-story, 10-unit mixed-use building at 65-25 Roosevelt Avenue, in Woodside, located directly under the the 69th Street stop on the 7 train. The building will measure 10,208 square feet, and retail space will measure 1,973 square feet in total on the cellar, ground, and second stories. Flushing-based Li Architect Associate is the architect of record and demolition permits were filed last month to remove the dilapidated two-story structure. A similarly-sized building is planned on the adjacent lot at 65-27 Roosevelt Avenue.
The Feil Organization purchased the three-story, 28,000 square-foot office building at 356 Fulton Street, in Downtown Brooklyn, for $43 million just before New Year’s. The Midtown-based developer has not disclosed plans for the site, though it could accommodate a new mixed-use building with 87,000 and 104,000 square feet of residential and commercial space, respectively. The property was acquired from and was occupied by Capital One, according to The Real Deal.
Alexander Development Group and The Bluestone Organization have held a ceremonial groundbreaking for their planned 16-story, 249-unit mixed-use building at 42 West Broad Street, in Mount Vernon’s Fleetwood neighborhood. The project will include 14,500 square feet of ground-floor retail space and the developer is also making upgrades to the adjacent four-level municipal parking garage. The existing single-story grocery store was vacated last year and must first be demolished, according to Westfair. The building will be located four blocks from the Fleetwood Metro-North Railroad station. Completion is expected in 2017.
Just before New Year’s, Foster Equities filed applications for a six-story, 28-unit residential building at 322 Gates Avenue, in Bedford-Stuyvesant, located six blocks south of the Bedford – Nostrand Avs. stop on the G train. According to DNAinfo, the building will measure 22,272 square feet in total and will include a 991 square-foot retail portion on the ground floor. The residential units, which will be rentals, will begin on the second floor and average 760 square feet apiece. Z Architecture is designing the project. The single-story Bedford Beer & Soda Dist. building, acquired for $4.5 million last March, was approved for demolition in the fall.
In the spring of 2015, Heritage Equity Partners was preparing to file for a special permit that would allow it to build a nine-story, 480,000 square-foot office building at 25 Kent Avenue, within northern Williamsburg’s manufacturing zone. Current zoning requires half the building to be community facility space, but the permit would eliminate such mandate so the entire structure can be used for office or light manufacturing space. According to Crain’s, the Department of City Planning certified the application, which means the city’s Uniform Land Use Review Procedure (ULURP) has officially begun. The building would take up an entire city block and include a public plaza. The site’s old warehouses have already been demolished. In related news, Philadelphia-based Rubenstein Partners is purchasing an undisclosed stake in the project.