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.
The Institute for Community Living, a Cypress Hills non-profit that offers mental health services to low-income families, plans to dramatically expand its building at 2581 Atlantic Avenue near Broadway Junction.
Two turn-of-the-century apartment buildings at 230 and 232 East 54th Street may bite the dust for a 22-story residential project. New building applications were filed yesterday to erect a 237-foot-tall building at 232 East 54th Street, between Second and Third Avenues in Midtown East.