Last week, YIMBY reported on permits for a 14-story mixed use development at 144-74 Northern Boulevard in Murray Hill, just east of Flushing in Queens. Now we have the reveal for the unusual, two-tower complex that will rise between 146th Street and Parsons Boulevard.
Back in 2011, the Wall Street Journal predicted the demise of the Bowery’s Lighting District, a strip of wholesale light stores beginning south of Delancey Street in the borderlands between the Lower East Side and Little Italy. Now three of those shops will bite the dust to make way for an eight-story residential and hotel project at 138 Bowery, situated mid-block between Broome and Grand Streets.
Last month, YIMBY brought you a construction update on the Lightstone Group’s 12-story, 700-unit residential project at 363-365 Bond Street, in Gowanus. Since then, the 429-unit building at 365 Bond has topped out, and foundation work is now underway at 363 Bond, where a 268-unit building is planned. New Jersey-based Atlantic Realty has stepped in to finish construction at the latter site, acquiring the property for $75 million. As for 365 Bond, move-ins are expected early next year, per The Real Deal.
Vornado Realty Corp. and Kushner Companies are proposing to redevelop the 41-story, 1.5-million square-foot commercial building at 666 Fifth Avenue, in Midtown between East 52nd and 53rd Streets, into a 1,400-foot-tall mixed-use tower. According to the New York Post, the building would include a significant retail podium, which will be topped by a slender tower featuring a hotel and residences. Zaha Hadid has been tasked to design, and Kushner owns a majority of the property, although Vornado currently owns the building’s retail condominium along Fifth Avenue, and Zara owns a separate retail portion.
Anti-gentrification activists may have spent a year disrupting community board meetings over efforts rezone Prospect Lefferts Gardens and southern Crown Heights, but new construction in the area marches on. Down by the Sterling Street stop on the 2/5 trains, one developer has filed plans for a small residential building at 322 Lincoln Road, between Nostrand and Rogers Avenues in Prospect Lefferts Gardens.