An unnamed developer is offering to pay at least $75 million to build a 40-story residential tower at 220 Cadman Plaza West, in Brooklyn Heights, according to the Brooklyn Daily Eagle. The offer is being made to Whitman Owner Corp. and its shareholder residents. If approved, the existing single-story commercial buildings at the site, including 89 Pineapple Walk, would be demolished. In their place, a new residential tower would have possibly hundreds of condo units as well as new retail space. Shareholders are expected to vote before January 15 on whether the board should seriously consider the offer.
Avery Hall Investments is in contract to purchase the grocery store at 120 Fifth Avenue, in northern Park Slope, according to DNAinfo, and plans to close on the site in the second half of 2016. The developer is planning a mixed-use building with residential units and commercial space, although details have yet to be hammered out. A Key Food currently occupies the site, which is reportedly one of the largest development sites in the neighborhood.
C.A. White Inc., based in New Haven, Conn., has filed applications for two residential buildings on a 27-foot-wide block-thru lot at 21 West 17th Street and 16 West 18th Street, in the Flatiron District. The northern one would stand 13 stories tall and have 12 residential units, each averaging 1,863 square feet apiece. The southern one would be a 10-story, nine-unit structure with average residential units of 1,882 square feet, both indicative of condos. Morris Adjmi Architects is the applicant of record. Two- and three-story structures on the 18th and 17th Street ends, respectively, must first be demolished. Both addresses are in the Ladies Mile Historic District, which means the Landmarks Preservation Commission would have to approve both the demolitions and new construction.
Nava Companies has filed applications for an eight-story, six-unit mixed-use building at 14 White Street, in TriBeCa. The project will measure 19,703 square feet in total and includes 3,816 square feet of retail space on the ground floor. Beginning on the second floor, there will be a single residential unit on each floor through the sixth, and a duplex unit will span the top two floors. Units will surely be condos, averaging 2,866 square feet each. DXA Studio is the architect of record.
Back in 2013, Chetrit Group acquired the 37-story, 855,000 square-foot office building at 550 Madison Avenue, between East 55th and 56th Streets in Midtown, for $1.1 billion. Now the developer has released a partial rendering and details of the planned conversion of the building known as Sony Tower and previously the AT&T Building, per Curbed. Floors 21 through 43 will be converted into 113 condominiums and the lower portion of the building will contain a 170-key hotel, featuring 60 suites and a slew of amenities. Robert A.M. Stern Architects is designing, and completion is expected in early 2018. The Philip Johnson-designed tower originally opened in 1984.