Last month, applications were filed for a four-story, 10-unit residential building at 1266 Pacific Street, in northwestern Crown Heights. Shortly after, the vacant site was placed on the market, and in less than 48 hours later, EPIC Commercial Realty entered contract on the 2,861 square-foot property for $1.25 million, DNAinfo reports. The building on file will measure nearly 8,500 square feet, with individual units averaging 850 square feet, and Rego Park-based Diego Aguilera filed for the permits.
Since late 2013, a six-story, eight-unit mixed-use building has been under construction at 145 Ludlow Street, on the Lower East Side, and now, the building’s exterior has finally been revealed, per Bowery Boogie. Windows have not been installed yet, and interior work is still well underway, but the 12,875 square-foot project should be complete by 2016. Two retail units will split 2,158 square feet on the ground floor, and residential units will average 1,340 square feet, beginning on the second floor. David Howell owns the property, and DHD Architecture Design is the architect of record.
West 39th Street between Eighth and Ninth Avenues in the Garment District already has four hotels, with another two in the works. But one builder has decided to buck the trend by filing applications for a residential development on the block, at 355 West 39th Street.
In May of 2014, YIMBY revealed renderings of Fortis Property Group’s residential tower at 151 Maiden Lane, in the Financial District, and we brought you additional images of the project that October. At the time, the tower was planned to be 51 stories tall, but now the structure is expected to rise 60 stories and 670 feet in height, according to Curbed. Dubbed One Seaport, the project will contain 80 condos, featuring a mix of one-, two- and three-bedroom units, which are being designed by S. Russel Groves. Sales are expected to launch in the fall. In July, YIMBY revealed the 33-story, 271-key hotel planned next door.
The latest numbers from the DOB show a major increase in year-over-year filings for August, and 2015’s running total has once again surpassed 2014’s, after falling behind in July. In terms of raw numbers, New York City saw new building applications submitted for a total of 4,020 units this past August, more than tripling last year’s figure of 1,281, and putting 2015’s running total of new units at 23,165 as of 8/31, ahead of 2014’s 21,099.