Last year, Slate Property Group won a rezoning for a junkyard at 176 Woodward Avenue in Ridgewood, where they planned an 88-unit apartment building with low-cost space for community groups and artists.
Back in June, Kuafu Properties was in contract to purchase the assemblage spanning 143-161 East 60th Street, on the northern edge of Midtown East, and now the Chinese developer has closed on the acquisition, according to Commercial Observer. The site has a nearly 20,000 square-foot footprint, and roughly 280,000 square feet of development potential. Kuafu plans to build a luxury residential tower with a large retail base, although the existing six low-rise buildings must first be demolished.
This past summer, mysterious soil and bedrock tests were conducted at 200 Amsterdam Avenue, between 69th and 70th Streets on the Upper West Side, and now SJP Properties, partnered with Japan-based Mitsui Fudosan, is in contract to purchase the property for nearly $300 million. The site has nearly 400,000 square feet of air rights, and the developers plan to build a 55-story condominium tower, which could reportedly be one of the tallest in the neighborhood. An existing former religious structure must first be demolished.
Within the past few months, motorists on the Brooklyn-Queens Expressway and nearby residents witnessed the rise of a tower crane to the east of the Kosciuszko Bridge, followed by two concrete pillars. They are seeing the progress on the east span of the Kosciuszko Bridge Replacement, the city’s first major new bridge since the Verrazano-Narrows opened over half a century ago in 1964.
Earlier this year, Glacier Global Partners received approval from the LPC to convert the 10-story former warehouse at 10 Jay Street, in Dumbo, into a 46 condominiums, but now the developer is planning a completely commercial building, with roughly 200,000 square feet of offices and retail spaces. The conversion will retain the approved exterior changes, which had been designed by ODA Architecture. CBRE is marketing the commercial spaces, according to The Real Deal.