Mar Mar Realty is placing their 37,000 square-foot bowling ally at 30-05 Whitestone Expressway, in Flushing, on the market as a development site for $60 million, according to Commercial Observer. The site measures 80,000 square feet and is currently zoned for manufacturing, but the owner is seeking a rezoning of the property to allow for a 386,000 square-foot mixed-use development, with commercial and residential uses. Cushman & Wakefield is marketing the property, and the rezoning could possibly take a year to secure.
In the summer of 2014, YIMBY revealed renderings of Century Development Group’s six-story, 24-unit residential project at 11-30 45th Road, in Long Island City, and last week, The Court Square Blog spotted excavation equipment on-site, indicating work is imminent. The building will measure 22,356 square feet, which works out to condo units averaging 931.5 square feet. A penthouse level for tenants’ recreational use is also planned, and Flushing-based Raymond Chan is designing. Completion is likely slated for 2016.
BrooklynBoss Properties is planning to convert and possibly expand the two-story, 11,500 square-foot building at 661 Driggs Avenue, in northwest Williamsburg, into commercial-retail space. Several restaurant and retail tenants have come forward, including Shake Shack, although a tenant(s) has not been decided on. The building can be expanded by 4,000 square feet, which could be in the form of residential units, depending on the tenant. The owner acquired the property for $5.7 million this past summer.
The Lower Manhattan Development Corp. will present their latest plans for the World Trade Center’s performing-arts center later this fall, according to The Wall Street Journal. The board previously abandoned Frank Gehry’s design and decided to limit the project’s above-grade construction costs to no more than $200 million. The latest plans now call for a three- to four-story building measuring roughly 80,000 square feet. The building would also include a 600- to 700-seat auditorium, a 200-seat theater, and a restaurant on the ground floor. The architect has not yet been named.
101 West 28th Street, a Hyatt House hotel with 150 guestrooms and apartment-style suites, is topped-out and nearing exterior completion. The slender tower, designed by Nobutaka Ashihara and developed by Lexin Capital, rises at the northwest corner of 6th Avenue and West 28th Street to around 300 feet in height, with 30 main tower floors plus three more levels at the top.