Earlier this year, YIMBY revealed renderings of Magnum Real Estate Group and Real Estate Equities’ 10-story, 83-unit mixed-use building planned at 196 Orchard Street, on the Lower East Side. Now that demolition is complete on the site’s old commercial buildings, excavation work appears imminent, per Bowery Boogie. A pile driver has appeared on-site as well as other excavation equipment. Once complete, the building will also have 13,463 square feet of retail space on the ground floors, and Ismael Leyva is designing.
Back in October of 2012, YIMBY broke news of plans for a significant hotel and retail tower at 701 Seventh Avenue, in Times Square, and now that excavation is nearly complete, foundation work is imminent on the 39-story, 452-key Marriott Edition, according to the New York Post. Dubbed 20 Times Square, the building will measure just under 270,000 square feet and will include 76,000 square feet of retail space. The retail base will also feature an 18,000 square-foot LED sign. Steven Witkoff, Ian Schrager, Winthrop Realty Trust, and Maefield Development are the developers, while PBDW Architects is designing. Completion is expected in 2017.
Property owner Matthew Ahdoot, of TNE Buildings, has filed applications for seven two-family residential buildings spanning 3530-3542 Mickle Avenue, in Williamsbridge, located in the North Bronx. Each building will stand three stories tall and measure between 2,000 and 3,000 square feet, with units averaging 1,315 square feet across the entire development. Pirooz Soltanizadeh’s Jamaica-based Royal Engineering is the applicant of record.
Related Companies and Oxford Properties have signed private equity firm KKR & Co. for their 90-story office tower at 30 Hudson Yards, and they’ve sent out some new renderings of the building to highlight the announcement.
Last March, Quinlan Development Group, along with Building & Land Technology, purchased the 10-story commercial building turned storage facility at 41 Flatbush Avenue, in Downtown Brooklyn, for $89.4 million, and now Commercial Observer has the first glimpse of the property’s planned office conversion. The building measures 260,866 square feet, and retail space will span the ground floor while offices will spread across the remainder. Interior spaces feature 13-foot-high, terra cotta-clad ceilings, and the exterior façade will be limestone. A rooftop deck is also indicated in the Schedule A, and Beyer Blinder Belle is the architect of record.