DHA Capital is in contract to purchase the three-story parking garage located at 75 Kenmare Street, in Nolita, for roughly $50 million, according to Bowery Boogie. The new owner plans to develop a 68,000 square-foot mixed-use building featuring luxury residential units and retail space. Most units will measure closer to 1,000 square feet, smaller than other new-construction condos in the area, according to The Real Deal, who was also the first to report the news.
Last week, YIMBY posted an update with the first full renderings for 239 Tenth Avenue, a new eight-unit condominium project that’s about to begin construction on the northwest corner of 24th Street and Tenth Avenue. Now we have another set of images for the building, dubbed “The Getty,” which is being designed by Peter Marino and developed by Victor Group and Shvo.
The Turtle Bay outpost of AKA’s condo-style extended-stay residences is getting a revamp, and the company sent along renderings of the new interiors for the 21-story tower at 234 East 46th Street.
Rents along Franklin Avenue in Crown Heights are heating up fast, and new residential construction is finally starting to catch up. YIMBY discovered this rendering on the fence at 730 Franklin Avenue, where a six-story apartment building is in the works.
The Naftali Group’s 20-story luxury condominium project at 234 East 23rd Street, in Gramercy, has risen quickly since construction began last year. The new building consists of 57 units, and now YIMBY has fresh renderings of the penthouse.