Tina Silvestri, doing business as a Queens-based LLC, has filed applications for a four-story, eight-unit residential building at 102-49 43rd Avenue, in North Corona, located four blocks from the 103rd Street- Corona Plaza stop on the 7 train. The project will measure 7,772 square feet in total, 6,153 square feet of which includes residential space, which means units will average 769 square feet apiece. Great Neck-based Frank Petruso is the architect of record. An existing 2.5-story structure must first be demolished.
Almost a year ago, YIMBY reported on applications for a seven-story, 23-unit mixed-use building at 109-15 72nd Road, in Forest Hills, and now DNAinfo has a rendering of the project. The building will measure 36,248 square feet in its entirety, with 22,192 square feet designated for residential space and 5,033 square feet for ground-floor retail. The apartment units will come in one-, two-, and three-bedroom configurations and will average 965 square feet apiece. Chuan Shu Wang is the developer and Flushing-based Tan Architect is designing the project. The existing 2.5-story building has been demolished and completion is expected later this year.
Last summer, News Corp. and 21st Century Fox signed a letter of intent to lease 1.3 million square feet in the Bjarke Ingels Group-designed 2 World Trade Center (a.k.a. 200 Greenwich Street), in the Financial District. It was never a contract that bounded the media companies to the space, and last week they decided not to make the move, Bloomberg Business reported. The two businesses will extend their leases through 2025 at their current headquarters at 1211 Sixth Avenue and 1185 Sixth Avenue, in Midtown. The fate of both Bjarke Ingels’ latest design and Norman Foster’s original design are unknown. The foundation for Foster’s tower, a 2.8-million square-foot, 80-story office building, has already been already built.
The Ronald McDonald House located at 405 East 73rd Street, on the Upper East Side, is proposing to expand their 11-story, 84-unit pediatric oncology residential facility. According to DNAinfo, the expansion would add 11 additional family suites, six of which would be isolation rooms for hematopoietic stem cell transplantation patients. The Boards of Standards and Appeals must first approve the project because the expansion would flow over the allowable square-footage. If approved, the building would be reconfigured and parts of it pulled closer to the street, adding 7,000 square feet of additional space. Construction would last about a year.
While 2014 was a banner year for new building filings in the five boroughs with 44,817 new units entering the DOB pipeline, 2015 saw a substantial decrease in activity. With 33,973 units filed in new developments over the course of last year, year-over-year filings decreased by almost 25%.