Brooklyn-based property owner Haim Nortman has acquired, for $10.2 million, 27,500 square feet of air rights from a neighboring property for a mixed-use project planned at 362 West 125th Street, in Harlem. With the additional air rights, the site could accommodate up to 108,588 square feet of mixed-use development. The new building will include commercial space and residential units, Commercial Observer reported, although new building applications have not been filed at this time. The 12,475-square-foot site is occupied by a four-story LaGree Baptist Church. Demolition permits were filed in November. A construction timeline has not been disclosed.
Red Apple Group has filed applications for a 21-story, 311-unit mixed-use building at 3514 Surf Avenue, located between West 35th and 36th streets in the western end of Coney Island. The development would encompass 432,300 square feet and rise 185 feet to its roof. It would include 22,513 square feet of retail space on the ground floor, followed by apartments across the third through 21st floors. The apartments should average 969 square feet apiece. There will be a 254-car parking garage across the cellar through second floors, with residential amenities across the second through fourth floors. Goldstein, Hill & West Architects is the architect of record. The 69,848-square-foot site, encompassing an entire block, is vacant.
Miami-based Florida Engineering & Development Corp. has filed applications for a six-story, five-unit residential building at 240 West 123rd Street, in Harlem. The project will measure 5,584 square feet and its residential units should average 1,117 square feet apiece, indicative of condominiums. The sixth-floor apartment will also feature space in an upper penthouse. Garment District-based Arias Architecture is the architect of record. The 13-foot-wide, 1,396-square-foot site is vacant. The site was occupied by a dilapidated three-story, 11-unit single-room-occupancy building until 2008, when it was demolished.
It has been over three months since we checked in on nightclub impresario turned real estate developer Ian Schrager’s residential building under construction at 160 Leroy Street, in the West Village. Since then, much has been accomplished.
Financial District-based Broad Street Development has filed documents with the state Attorney General’s office that details the offering plan for its 12-story, 61-unit mixed-use project at 308 Mulberry Street, located on the corner of Bleecker Street in NoHo. The estimated sellout was valued at $288.5 million, The Real Deal reported. The latest building permits, approved by the Buildings Department in August, indicate the new building will encompass 182,166 square feet and stand 147 feet to its roof, not including bulkhead elements.