The transformation of a five-story, 1860s-era warehouse into a six-story mixed-use commercial building is nearing completion at 55 Water Street, in Dumbo. According to Brownstoner, the structure’s sixth-floor addition has been constructed, and glass façade is now being installed. Dubbed Empire Stores, the building will yield 395,000 square feet of commercial space, which will be made up of offices, retail, restaurants, and exhibition space; rooftop gardens and outdoor public space are also featured.
In New York City, the current real estate boom has left the largest marks on the Midtown Manhattan and Downtown Brooklyn skylines, but the rise of Jersey City over the past few years has been equally if not more impressive. And while the latest additions across the Hudson have been predominantly residential, YIMBY has word that a 95-story tower is now in the works at 55 Hudson Street, which could make it the tallest building in both Jersey City, and all of New Jersey.
Most of the new buildings under construction in Melrose, at the heart of the South Bronx, are large and heavily subsidized. The city is already developing two sprawling affordable complexes in the neighborhood, La Central and Melrose Commons. But every once in a while, a developer manages to finance a small market-rate building like 411 East 151st Street, and YIMBY has the first look at the future seven-story development.
Slate Property Group, Adam America and Naveh Shuster Limited are carving a path through the Broadway Triangle in Williamsburg, beginning with plans for a 96-unit building at 120 Union Avenue a year ago. Now they’ve filed new building applications for another residential development down the street at 100 Union Avenue, on the corner of Middleton Street.
Earlier this year, the LPC approved the conversion of a five-story commercial structure into a six-story, three-unit residential building at 41 Great Jones Street, in NoHo. Now Community Board 2 has approved the building for residential use, according to Real Estate Weekly. The units will be condominiums — two duplexes and a triplex — spanning a total of 13,333 square feet. The exterior will also be restored, and construction is slated to begin this November. Blumenfeld Development Group is developing, while Morris Adjmi Architects is designing.