Piermont Properties is looking to sell an assemblage of four properties spanning 72-01 – 72-25 Queens Boulevard and 72-30 – 72-38 45th Avenue, in eastern Elmhurst, for roughly $45 million. The current owner acquired the properties for a total $25 million over the past year, and the site could accommodate a 297,000 square-foot mixed-use building. A 10-year-old three-story, seven-unit building, a 2.5-story vacant home and three low-rise commercial buildings would likely be demolished. HFF is marketing the sites, according to The Real Deal.
CRE Development has filed applications for a 14-story, 48-unit mixed-use building at 45-24 Vernon Boulevard, in western Long Island City. The building will measure 52,500 square feet, and the first floor will have 4,570 square feet of commercial-retail. SHoP Architects is designing, and an existing single-story commercial building must first be demolished. The Real Deal was the first to report on the filings.
Ash Management has filed applications to renovate and expand the low-rise building assemblage spanning 947-955 Flatbush Avenue and 2-10 Snyder Avenue, in northern Flatbush, into a single three-story, 34,820 square-foot commercial building. The final structure will have retail space on the ground floor and offices above. Gabriel Gingishvili’s MGM Creations is designing.
Brookland Capital has filed applications for a six-story, 19-unit residential building at 1218-1222 Putnam Avenue, in central Bushwick. The building will measure 14,264 square feet, which translates into an average 750 square feet per residential unit. Feingold & Gregory Architects is designing, and an existing two-story townhouse must first be demolished.
Last December, YIMBY posted the first preliminary renderings for 281 Fifth Avenue, a 52-story condominium tower that will soon begin construction on the southeast corner of 30th Street and Fifth Avenue. Permits for the project were filed early last month, and now YIMBY has obtained the first actual rendering of the glassy building, which is being designed by Rafael Viñoly.