When Ben Shaoul’s Magnum Real Estate Group shelled out $270 million for two luxury rental buildings in the Upper East Side and Gramercy last year, it was only a matter of time until they became condos. Now construction is moving along at 385 First Avenue in Gramercy, and the property has a teaser site and a new name: Luminaire.
Brookland Capital is one of Brooklyn’s most prolific small developers, with projects stretching from South Williamsburg to Flatbush. And today YIMBY has a better look at 447 Decatur Street, one of Brookland’s small Bed-Stuy developments.
Earlier this year, developer and architect Cary Tamarkin filed applications for a 12-story, 32-unit mixed-use building at 550 West 29th Street, in West Chelsea. Now, a tipster has informed YIMBY that the project is making significant strides, and building permits have been granted. Highline Development Group is the property owner, and CORE will eventually be handling sales. According to filings with the DOB, the building will measure 55,368 square feet, and will include a 5,065 square-foot retail component on the ground floor. Above, residences will average 1,572 square feet apiece. Demolition of the site’s former occupant was completed over the summer.
Feng Lin, doing business under an anonymous LLC, has filed applications for a three-story, three-unit residential building at 136-19 Booth Memorial Avenue, in Queensborough Hill. The building will measure 3,948 square feet, which means the full-floor units will be spacious, averaging 1,316 square feet. Xiaohong Zhao’s Queens-based Ameriland Brook is the applicant of record, and applications were recently filed to demolish an existing 1.5-story single-family home on the site.
Charles Guo, doing business as an anonymous LLC, has filed applications for a four-story, six-unit mixed-use building at 105-05 Northern Boulevard, in East Elmhurst, with direct access to the Q66 bus running between Flushing and Long Island City. The building will measure 6,410 square feet, and includes 1,780 square feet for retail space on the ground and cellar levels. Residential units will begin on the second floor and average 772 square feet, although a fourth-floor unit will also feature a fifth-floor penthouse. Robert Lin’s Flushing-based A&T Engineering is the applicant of record.