On a 1,040 square-foot vacant lot in northern Williamsburg, GB Properties plans to build a three-story, two-unit mixed-use building measuring just 5,202 square feet. The piece of land is at 291 North 8th Street, two blocks north of the G train’s stop at Metropolitan Avenue, and the building will feature 3,131 square feet of retail space on the ground and cellar levels. Above, full-floor units will average 1,040 square feet apiece. Robert Bahary’s Great Neck-based Bahary Architecture is designing.
Hampshire Companies has tasked Cushman & Wakefield to market the 10-story, 130,000 square-foot warehouse building at 341 39th Street, and the adjacent seven-story, 30,000 square-foot warehouse at 353 39th Street, located three blocks from the 36th Street stop on the D, N and R trains. The asking price is nearly $50 million, and the site is being advertised as a potential redevelopment, according to Crain’s. The buildings could be converted into office space as-of-right, or a rezoning could be sought for residential use.
In August of 2014, YIMBY revealed renderings of Savanna Fund’s planned nine-story, 166,525 square-foot commercial building at 540 West 26th Street, in West Chelsea, and now the developer has secured $115 million in construction financing from Deutsche Bank, according to Commercial Observer. The building is expected to include a variety of tenants, and Avenues: The World School has already committed to leasing 85,421 square feet. Demolition of the old two-story building is complete, and excavation is expected to begin in October, with completion slated for 2017. Morris Adjmi Architects is designing.
Michael Gross, operating as an anonymous LLC, has filed applications for a four-story, single-residence mixed-use building at 1519 52nd Street, in southern Borough Park, between 15th and 16th Avenues. The entire building will measure 9,979 square feet, and includes a 1,955 square-foot religious facility in the basement level. The upper three levels will encompass an 8,024 square-foot home. Kenneth Thomas is the applicant of record, and a 2.5-story structure must first be demolished.
Nearly a year ago, YIMBY revealed renderings of the 17-story, 275-unit condominium building planned at 550 Vanderbilt Avenue, in Prospect Heights, and this past summer we posted interior images of the building’s lobby and common areas. Construction is now well underway, and the structure is currently five stories tall, per the latest from Tectonic. A partnership between Greenland Group and Forest City Ratner is developing the building, which is one of many in their Pacific Park development. COOKFOX is designing, and completion is expected in 2017.