BFC Partners is in contract to purchase the 53,922-square-foot vacant lot at 475 Bay Street, in Stapleton, for $4 million, Commercial Observer reported. That’s on Staten Island’s North Shore. As YIMBY reported in 2014, the developer is planning to build an eight-story, 214-unit mixed-use building at the site. Buildings applications call for a project of 183,000 square feet, where 12,500 square feet would be for ground-floor retail space. The apartments, averaging 750 square feet apiece, would be rentals ranging from studios to three-bedrooms. Many of the them would also rent at below-market rates. An exact figure wasn’t given for how many, but BFC would be required to designate 25 percent of the units to affordable housing. The site is located on the southern end of a potentially rezoned 14-block corridor of Bay Street. In fact, the project relies on the rezoning to move forward. Pending the rezoning, BFC hopes to break ground in 2017. Edelman Sultan Knox Wood Architects is the architect of record. The neighborhood’s Staten Island Railway station is three blocks to the south.
Staten Island-based developer Over Development has filed applications for four single-family houses at 4004-4010 Manhattan Avenue, in Sea Gate, which is the gated community on the western end of Coney Island in Brooklyn. Each house will stand four stories in height and measure 2,028 square feet. The residential portions of each structure will begin on the second floor in an effort to mitigate damage during future floods. The ground level will remain unfinished and designed to sustain flood waters. Each house will also come with two off-street parking spaces. Stanley M. Krebushevski’s Staten Island-based SMK Architect is the architect of record. The 10,033-square-foot site, on the corner of Neptune Avenue, is currently vacant. In 2012, Hurricane Sandy devastated the community with high surf, destroying many homes in the process.
The Department of Housing Preservation and Development (HPD) has filed applications for a four-story, eight-unit residential building at 416 Thomas S. Boyland Street, in Ocean Hill. The structure will measure 10,303 square feet and its residential units should average 1,233 square feet apiece. That means the rental apartments will come in family-sized configurations. There will be two apartments per floor and no parking is included, as none is required. Salvatore Perry’s Hudson Square-based Latent Productions is the architect of record. The 40-foot-wide, 4,503-square-foot plot is currently vacant. The Rockaway Avenue stop on the A/C trains is located nine blocks to the north. Since the city is building the project, its apartments will surely come with some amount of affordability.
Queens Village-based Atari Realty has filed applications for a six-story, 10-unit mixed-use building at 1448 Fulton Street, in southern Bedford-Stuyvesant. The structure will measure 9,663 square feet. It will include 1,633 square feet of ground-floor retail space, followed by two units per floor on the second through sixth floors. They should average 640 square feet apiece, which means rental apartments are surely in the works. Amenities include an “indoor recreational room” and storage for bikes in the cellar. Gerald J. Caliendo’s Briarwood-based architectural firm is the architect of record. The 20-foot-wide, 2,000-square-foot lot is currently occupied by a single-story garage. Demolition permits haven’t been filed. The Kingston-Throops Avenues stop on the C train is located on the same block.
It’s been over a year since YIMBY revealed 15 East 30th Street, the 750-foot condo tower under construction between Fifth and Madison avenues in NoMad. Now, we have a fresh rendering of the building, which was posted on the construction fence yesterday.