Pearl Paint, an icon at the northern edge of TriBeCa, closed over two years ago, pushed out because the rent was too high. The larger of its buildings, at 304-306 Canal Street, is already under redevelopment. Now, the Landmarks Preservation Commission is overseeing the redevelopment of 308-310 Canal Street. The agency held a public hearing on it last Tuesday, but no approval was granted.
Renderings have been revealed of the two-towered, 1,350-unit mixed-use project planned at 260 South Street, on the Lower East Side. As currently proposed, the towers would stand 69 and 62 stories in height, rising 798 feet and 728 feet to their roofs, respectively. Twenty-five percent of the units would rent at below-market rates through the affordable housing lottery, the Lo-Down reported, and some senior housing will also be incorporated. Plans are still in place to expand the ground-floor retail footprint of the existing 26-story Section 8 residential buildings, called Lands End II, at 265 Cherry Street and 275 Cherry Street, which contain a total of 491 apartments. Renovations will be made to existing park spaces.
Construction is well underway on a four-building, 1.2-million-square-foot mixed-use development, dubbed Tangram, in downtown Flushing. The project is located on much of the block bound by College Point Boulevard, Prince Street, and 37th and 39th avenues. Work appears to be above street level on the 13-story, 192-unit residential building at 133-27 39th Avenue. The condominium residential units in this building should average 987 square feet, per the latest building permits. Also under construction is a four-level, 377-car underground parking garage.
Empire State Development (ESD) has released a request for expression of interest (RFEI) for the 12.8-acre development site at 400 East 132nd Street, in the South Bronx’s Mott Haven section. The state is seeking to lease or sell the property, which is currently used as a transfer station for trains and trucks, to a development team that’s willing to deck over the station and build a mixed-use project, Crain’s reported. The property, zoned for manufacturing, is an “ESD General Project Plan,” which means the state, through its own approval process, is able to override local zoning regulations. Some percentage of affordable housing is likely envisioned by ESD. The site is owned by the state’s Department of Transportation. Responses are due by February 2, 2017.
The nine-story project at 42-50 27th Street is well on its way to joining Court Square’s impressive roster of new residential properties, which are transforming Long Island City beyond recognition. At the moment, the concrete frame is complete, metal stud framing is installed along the lot walls, and scaffolds wrap the structure in preparation for exterior work. Ampiera Group is developing the 32-unit project, and My Architect PC is designing it.
