Last July, Georgetown Company and Bill Ackman closed on the eight-story, 464,000 square-foot commercial building at 787 Eleventh Avenue, between West 54th and 55th streets in Hell’s Kitchen, for roughly $250 million. Now the property’s new owners have filed applications to expand the building by two stories or an additional 19,784 square feet. The roof will be raised by 60 feet (to 160 feet) and the latest filings indicate there will be 400,144 square feet of designated commercial space. The ground floor will contain retail space and automobile dealerships, floors two through five will contain automobile shops and services, and floors six through 10 will be office space. Per Curbed, Ackman’s Pershing Square Capital Management will be occupying the office space. Rafael Viñoly Architects is designing the project.
The proposed 500-foot-tall mixed-use building at 77 Greenwich Street (a.k.a. 42 Trinity Place) suffered a setback on Tuesday. The Landmarks Preservation Commission did not vote to approve its proposed cantilevered portions.
New development rarely happens in Riverdale, because big brick co-op buildings and townhouses populated most of the northwestern Bronx neighborhood in the wave of construction that swept across New York City after World War II. But every once in a while, a developer cobbles together a site in the quiet, middle-class enclave. Yesterday, we spotted permits for a 14-story apartment building at 3644 Oxford Avenue, just over the border from Fieldston.
The city downzoned most of Sunset Park in 2009, limiting development in a huge and still relatively affordable part of southern Brooklyn. The new zoning extends to the west side of 8th Avenue, but on the east side, developers can exploit more flexible zoning that doesn’t limit the heights of new buildings.
So it’s no surprise to find plans for a six-story, mixed-use building here at 4603 8th Avenue, near the border with Borough Park.
Late last year, the city began infrastructure work and laying out the new streets for phase two of the Hunters Point South mega-development, in the Hunters Point section of Long Island City, directly on the East River. The second phase will see the mixed-use build-out of seven city blocks as well as new public park space. DNAinfo reports the city’s Department of Education is planning to built a new 600-student elementary school on the blocks bound by 57th and 56th avenues, Center Boulevard, and Second Street. That’s on the very southern tip of the master plan and will be located on block “F” in the image above. The school will have its own building and should cost roughly $60 million. Completion of the school is expected in 2020.