BLDG Management is marketing 701 West 181st Street in northern Washington Heights as a development site, according to DNAinfo. The building once housed Manhattan’s oldest operating movie theater, which shuttered in 2011, and has since been filled with small retail tenants. The property allows for a 70,000 square-foot commercial building. Zelnik & Company Real Estate is marketing the site.
Governor Cuomo and Vice President Biden announced plans calling for the complete reconstruction of LaGuardia Airport, in East Elmhurst, Crain’s reports. The $4 billion project will have four connected terminals and will wrap around the Grand Central Parkway. There will also be 24-hour ferry service and an AirTrain linking the airport to the 7 train’s Willets Point stop. Approval from the Port Authority is required, and the terminal portion is expected to break ground in 2016 for a 2018 completion. The AirTrain link will take roughly five years to build.
An 11-story condo development will replace a low-slung building at 287 East Houston Street, between Suffolk and Clinton Streets in the Lower East Side. New building applications were filed today to erect a 28-unit building on the lot wedged between two five-story tenements.
Back in May, foundation work was underway at 51-59 South 4th Street, on the corner of Wythe Avenue in Williamsburg, where six four-story townhouses are planned. Now the concrete structure is three stories tall, according to Brownstoner. The townhouses are being developed by KUB Capital, and five are currently in contract. KUB Design and SZ Projects are co-designing, and completion is expected by the end of this year.
Merchants Hospitality and Maplewood Senior Living are co-developing a 29-story, 213,000 square-foot residential facility for seniors at the corner of 2nd Avenue and East 93rd Street, in northern Yorkville. According to the New York Post, the four- and five-story tenement buildings spanning the lots 1802-1810 2nd Avenue and 303-305 East 93rd Street were acquired for a total $111 million over the course of two years. The buildings are expected to be demolished.