Mild suffering for a long time or significant hardship for a shorter time. Those were the choices faced by the Metropolitan Transportation Authority when it came to post-Hurricane Sandy repairs on the L train tunnel under the East River. The MTA has opted for the latter option.
Days are numbered for the auto body shops, car washes, and gas stations near the High Line in Chelsea. They’re slowly being replaced with apartments, art galleries, and artisanal food shops. Last week, plans were filed for a new building that would replace a car stereo store on the corner of West 25th Street and Tenth Avenue.
Last month, Mount Sinai St. Luke’s Hospital (formerly just St. Luke’s) sold off five large, turn-of-the-century buildings in Morningside Heights to Delshah Capital for $111.5 million. Now, the firm has filed plans to convert the elaborate old structures to apartments.
Construction is now three stories above street level at 215 Pearl Street, located on the corner of Platt Street in the heart of the Financial District, where a 39-story, 320-key hotel is planned. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user rbrome. The hotel — which YIMBY first reported on in September of 2012 — will be a Courtyard & Residence Inn by Marriott. The latest building permits indicate it will encompass 165,655 square feet and stand 396 feet in height. The hotel rooms will be located on the fifth through 37th floors, while retail space will occupy some of the ground floor. Guest amenities include bike storage, a restaurant, meeting rooms, a fitness center, and a roof garden on the 38th floor. Lam Group is the developer and Nobutaka Ashihara Architect is the architect of record. Completion is expected in the summer of 2017.
L+M Development Partners’s mixed-use conversion of the four-story, 400,000-square-foot Hahne & Co. building, located at 609 Broad Street, at the corner of New Street in downtown Newark, is in the final stages of construction. Photos of the construction progress can be seen in a Jersey Digs report. Construction appears to have wrapped on the outside of the existing four-story structure, which will contain a mix of residential, retail, office, and community space. A new nine-story building — located at the corner of Halsey and New streets — is currently receiving its façade. The new construction component will feature ground floor retail space and residential units above. Between the two building, there will be 75,000 square feet of retail space, 160 apartments (40 percent of which will be set aside as affordable housing), and 100,000 square feet of community and community use space (50,000 square feet of which will be institutional and dedicated to Rutgers University). Whole Foods Market is expected to open their new 30,000-square-foot store in the building in 2017, which is when the rest of the project should be complete.
