Brooklyn-based Infinity Properties, headed by Isaac Dana, has filed applications for a four-story, seven-unit residential building at 894 Willoughby Avenue, in western Bushwick, located four blocks from the Myrtle Avenue stop on the J, M, and Z trains. The new structure will measure 5,027 square feet in total and its residential units will average a rental-sized 691 square feet apiece. There will be two units per floor except for the fourth floor, which will have only one. Olabanji Awosika’s Jamaica-based Banji Awosika Architect is the architect of record. Demolition permits were filed this back January to remove the site’s existing two-story, 22-foot-wide townhouse.
In December of 2015, foundation work was underway at the planned seven-story, 37-unit residential building at 50 Clinton Street, on the Lower East Side. Now, Bowery Boogie reports the structure is two stories above street level. Once complete, the project will encompass 43,002 square feet and will have 1,836 square feet of ground-floor retail space. The residential units, which are condominiums, will average 1,023 square feet apiece and Paris Forino is designing the interiors. Only six units remain up for grabs. Amenities will include, but are not limited to, a 24-hour doorman, bike storage, residential storage, a fitness center, and a rooftop recreation space. Issac & Stern Architects is behind the project design and DHA Capital is the developer. Completion is expected by the end of this year.
In December of 2014, YIMBY reported on applications for a 24-story, 55-unit mixed-use building at 846-850 Sixth Avenue, in MoMad, located on the corner of West 30th Street. Curbed NY now has renderings of the project, which is being dubbed The NOMA, with an official address of 50 West 30th Street. The latest filings indicate the new building will encompass 105,973 square feet and will include retail space totaling 10,363 square feet on the cellar through the second floors. The residential units, beginning on the third floor, will be condominium and should average 1,320 square feet apiece. The apartments will range from one- to three-bedroom configurations. FXFOWLE Architects is behind the design and Alchemy Properties is the developer. It replaces the site’s former single-story commercial property, which was demolished last year.
Prime Rok Real Estate and Greystone Property Development have purchased the eight-story, 33,000-square-foot building at 164 West 74th Street, on the Upper West Side, for $28 million. According to Commercial Observer, the new owners are planning to convert the building, which is currently Phoenix House’s drug and alcohol rehabilitation facility, into 14 to 18 condominium units. As currently proposed, the structure’s façade will be lightly restored, the rear will be partially demolished, and the interior will be gut-renovated. Barry Rice Architects is designing the conversion, but any alterations to the property will have to be approved by the Landmarks Preservation Commission, as it’s located within the Upper West Side-Central Park West Historic District.
Developer Atlas Capital Group LLC, which done work across the country, has acquired the 276,705-square-foot warehouse at 23-30 Borden Avenue, in southern Long Island City, for $48 million. Bloomberg Business reports the warehouse serves as the home of Fresh Direct LLC, an online grocer, although the company will soon move to a new location currently being constructed in the Bronx. The Long Island City site is located within a manufacturing zone (M3-2) and currently yields 129,847 square feet of additional development rights under current zoning. But that could change if the developer initiates a zoning change or if the city moves forward with a general rezoning of the area, which could possibly allow for residential units to be built in this industrial section. Who is behind Atlas Capital Group, LLC? That will remain a mystery until the sale is complete.