Meringoff Properties and the Riese Organization are placing the low-rise commercial properties spanning 677-685 Lexington Avenue on the market, according to The Wall Street Journal. The assemblage, in Midtown East at East 56th Street, boasts roughly 115,000 square feet, and is primed for a residential or hotel development. Eastern Consolidated is marketing the properties, which include a two-story corner building and five-story commercial structure, whose leases expire shortly.
In late July, YIMBY brought you a construction update on 10 Hudson Yards, the first of Related and Oxford Properties’ planned Hudson Yards towers. Today, the team will celebrate the topping-out of the 52-story, 1.7-million square-foot building, which will stand 905 feet to its pinnacle. Coach, Inc., L’Oréal USA, SAP, and Vayner Media have all leased space, bringing the tower to 85% occupancy. The skyscraper will officially open to tenants in early 2016.
This past summer, construction was wrapping up on Ranger Properties’ nine-story, 48-unit mixed-use building at 41-07 Crescent Street, in Long Island City, and now The Court Square Blog brings news the building is complete. As previously reported, the building contains 4,000 square feet of ground-floor retail space, and Fogarty Finger is the architect. Scaffolding has been removed, meaning opening is likely imminent.
Hudson Companies has filed plans for the two affordable pieces of its controversial redevelopment of the Brooklyn Heights Library, at 1043 Fulton Street and 907 Atlantic Avenue in Clinton Hill.
SI Northshore Enterprises has filed applications for two two-story, single-family homes on the block-through lot at 226-228 Gansevoort Boulevard, in Manor Heights, located centrally on Staten Island. The entire development will measure 3,927 square feet, which means each home will average 1,963 square feet. Staten Island-based Calvanico Associates is the architect of record, and an existing single-family home must first be demolished.