In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.
On Rockaway Beach Boulevard near the Rockaway Park A train stop, a block and a half of storefronts burned down and were battered by storm surges during Hurricane Sandy three years ago. But now the strip between Beach 115th and 113th Streets is about to see some new life. Applications were filed today for two three-story, mixed-use buildings at 114-06 and 114-30 Rockaway Beach Boulevard, about a mile and a half west of the Cross Bay Bridge that links the peninsula with Howard Beach in Queens.
Staten Island-based developer Robert Germano has filed applications for twin two-story residential buildings — totaling four residential units — at 226-230 Seaview Avenue, in Dongan Hills. The development will net 4,317 square feet of residential space, which means units will average 1,080 square feet. Also Staten Island-based, Anthony Scaglione is the architect of record, and the site’s former single-family home was demolished earlier this summer.
Operating under an LLC, Madison Development has filed applications for a four-story, 175,000 square-foot storage building at the vacant lot of 31-07 20th Avenue, near the Con Edison generating station in northern Astoria’s Ditmars Steinway. It’s unknown if the building will be used for Con Ed’s operations, but the facility would be very convenient. Long Island-based Frank Relf is the architect of record.
Brooklyn-based developer Mayer Meisels has filed applications for a four-story, seven-unit residential building at 1814 Bleecker Street, in western Ridgewood, five blocks from the M train’s stop at Seneca Avenue. The building will measure 4,995 square feet, which means units will more than likely be rentals, averaging 715 square feet apiece. Brooklyn-based Barry Goldsmith is the applicant of record, and the existing two-story, single-family home must first be demolished.