On Friday, Crain’s reported on a rezoning proposal to downzone Sutton Place and institute a 260-foot height limit on new developments in the area. What wasn’t reported was the real cause behind this not-so-arbitrary figure: the leader of the East River Fifties Alliance, Alan Kersh, happens to live on the 26th floor of The Sovereign, which at 47 stories tall, is almost double the height limit its residents want to force on new buildings in the blocks to the south.
When we last checked in with 21 West End Avenue back in 2014, only a few stories of the 43-story tower had risen above street level. Now, Dermot Company is putting the finishing touches on the 529-foot-tall building between West 60th and 61st streets, and YIMBY reader Tectonic swung by for a construction update.
A new residential building is probably coming to a vacant lot on Clermont Avenue, between Lafayette and Green avenues, in Brooklyn’s Fort Greene Historic District. It just won’t be quite what was proposed to the Landmarks Preservation Commission on last Tuesday. The commission did not approve the plan for a three-family, four-story structure at its public hearing.
Park Avenue in Brooklyn begins underneath the elevated, dark Brooklyn-Queens Expressway in Clinton Hill and runs east into Bed-Stuy, where it transitions into an odd mix of warehouses, little brick apartment buildings, and aging 19th century wood frame houses. Much of the avenue was originally developed for workers at the Navy Yard, which sits a block away, but Orthodox Jews have settled the area over the last few decades. And now, even the once-desolate industrial blocks just east of the highway are becoming populated with new residential buildings. Yesterday, applications were filed for a five-story building there at 446 Park Avenue, between Kent and Franklin Avenues.
Cornell Realty Management is planning to build a four-story, 35,000 square-foot retail project at 257-263 West 34th Street, in the Garment District, according to Crain’s New York Business. According to The Real Deal, which reported on the assemblage last month, Chetrit Group and Cornell Realty acquired the three-story retail building at 261-263 West 34th Street together last March for an undisclosed amount. 259 West 34th Street was also recently acquired for $20.5 million. Chetrit and Cornell have since cut their partnership and, through a deal, have split their properties into separate ownerships. Cornell’s retail project will be clad in glass and construction is expected to begin sometime this year. A total of three small retail buildings must first be demolished.