GDS Development has acquired an additional 7,410 square feet of air rights for their planned condominium development at 500 West 25th Street, in West Chelsea. The air rights were purchased from Brookfield and Related. Valued at $685 per square foot, GDS’ additional investment totals about $5.1 million.
Permits have been filed for a three-story mixed-use building at 28-57 45th Street, in a mostly residential part of Astoria, Queens. Seven blocks away is the 46th Street subway station, serviced by the E, M and R trains. Alex Lamartina will be responsible for the development.
Permits have been filed and approved for a three-story addition to P.S. 131 Abigail Adams at 170-07 84th Avenue, in Jamaica Hills, Queens. The site is seven blocks away from the 169th Street subway station, serviced by the F trains. The NYC School Construction Authority will be responsible for the development.
In exciting news for Sunset Park, plans for 6208 8th Avenue are now pushing closer to reality. A major proposal for the former railroad site in Brooklyn would create over one million square feet of mixed-use development. The structures would include commercial, residential, and community facility space. The site is next door to the 8th Avenue subway station, serviced by the N trains. Since YIMBY last checked in on progress, the design has not changed, but new information has now been released providing specific details for the proposal.
Located at 143 Fulton Street in the Financial District, the new 364-foot-tall and 298-room Moxy hotel is almost complete, with the final exterior finishes underway at the base of the tower. Two entrances to the building are located on Fulton Street and Ann Street, and up above, the project features a dark glass facade atop a four-story podium. SLCE Architects is the architect, while the developer of the nearly 129,000 square foot property is Tribeca Associates. Interiors are being done by Stonehill & Taylor.
