New York YIMBY

Investment Firm to Purchase Mixed-Use Development Site at 531-539 Sixth Avenue, Chelsea

2:00 pm on June 13, 2016 By Reid Wilson

Hong Kong-based Gemini Investments is in contract to acquire the single-story, 14,000-square-foot commercial building at 531-537 Sixth Avenue and the four-story mixed-use building at 539 Sixth Avenue, in southern Chelsea. The investment firm is paying $53 million for the assemblage, according to The Real Deal. The properties are located at the corner of West 14th Street, and if both existing buildings are demolished, the site can accommodate up to 60,566 square feet of mixed-use development. The single-story building is currently vacant, although the four-story mixed-use building is occupied by a retail tenant and a few residential units. Plans for the site have not been disclosed. Neither demolition permits nor new buildings applications have yet been filed.

Two Three-Story, Two-Family Houses Coming to 215 Raritan Avenue, Dongan Hills, Staten Island

1:00 pm on June 13, 2016 By Reid Wilson

Property owner Raymond Masucci, doing business as an anonymous Staten Island-based LLC, has filed applications for two three-story, two-family houses at 211-215 Raritan Avenue, in Dongan Hills, located on Staten Island’s East Shore. One will measure 3,874 square feet and the other will measure 3,900 square feet. Across both, the the full-floor apartments should average a family-sized 1,236 square feet apiece. Staten Island-based Calvanico Associates is the architect of record. According to the Buildings Departments, a single-story house on the 94-foot-wide plot of land was demolished in March. The project is located six blocks from the neighborhood’s Staten Island Railway station.

31-Story, 161-Key Hotel Filed at 12 East 48th Street, Midtown

11:00 am on June 13, 2016 By Reid Wilson

Back in 2014, Hidrock Realty Inc. acquired, for $47 million, the collection of five- and six-story commercial buildings at 12-14 East 48th Street and 13 East 47th Street, in Midtown, located between Fifth and Madison avenues. At the time, the developer planned to construct a residential tower, but new building applications have now been filed for a 31-story, 161-key hotel. The building will measure 115,924 square feet in its entirety and will contain ground-floor retail space. The hotel rooms will be located on the third through 29th floors, and guest amenities are to include a courtyard on the ground floor, a fitness center, a lounge with a pantry, storage for bikes, and a terrace on the second floor. Financial District-based Handel Architects is the architect of record. The permit indicates the seven-story commercial building at 16 East 48th Street is also part of the development assemblage. Demolition permits are currently on file for the buildings at 12-14 East 48th Street and 13 East 47th Street.

McSam Hotel Group Acquires 99-Year Ground Lease at Commercial Development Site, 523-529 Eighth Avenue, Garment District

10:00 am on June 13, 2016 By Reid Wilson

Sam Chang’s Great Neck, N.Y.-based McSam Hotel Group has closed, for $27.1 million, on a 99-year ground lease of the 7,454-square-foot property at 523-529 Eighth Avenue, in the Garment District section of Midtown. Located on the corner of West 36th Street, the lot is currently occupied by a single-story, 7,400-square-foot retail building with five commercial units, according to The Real Deal. The site can accommodate up to 74,540 square feet of commercial development. Neither demolition permit nor new building permits have yet been filed with the Department of Buildings. It’s not known when the tenants’ leases expire, and plans for the site have not been disclosed. The property owner is Joseph P. Day Realty Corporation.

53W53 Shows Its Exoskeleton at 53 West 53rd Street, Midtown

8:00 am on June 13, 2016 By Evan Bindelglass

Most buildings try to hide their skeletons behind masonry or some other opaque element. At 53W53, however, showing the bones off is a design feature. Thanks to some photos taken by our friend Tectonic, we can now see some of the exoskeleton at the Jean Nouvel-designed tower. The overall structure has now risen about four stories above ground.

Thor Plans Office Space on Revere Sugar Site at 270 Richards Street in Red Hook

7:30 am on June 13, 2016 By Rebecca Baird-Remba

It’s been a decade since Thor Equities demolished the iconic Revere Sugar Refinery on the Red Hook waterfront. Now, they’ve finally filed plans for a five-story office building on the huge lot at 270 Richards Street, between Van Brunt and Dwight streets.

97-26 147th Place, image via Google Maps

Permits Filed: 97-26 147th Place, Jamaica Hotel

7:00 am on June 13, 2016 By Rebecca Baird-Remba

Although we’d love to see more residential development in downtown Jamaica, much of the new construction in the eastern Queens neighborhood is tied to hotels and tourism. The latest new hotel is coming to 97-26 147th Place, on a lot a few blocks south of the Jamaica LIRR station.

Admiral's Row rendering. Credit: S9 Architecture

New Commercial-Retail Buildings Filed Along Admiral’s Row at Brooklyn Navy Yard

6:30 am on June 13, 2016 By Reid Wilson

It was revealed in May of 2015 that New Jersey-based Steiner Equities Group, selected by the Brooklyn Navy Yard Development Corporation, would be redeveloping the corner of Flushing Avenue and Navy Street into a multi-building commercial complex. Now, the developer has filed applications for three of the four planned buildings. At the corner of Flushing and Navy, filed under 1 Flushing Avenue, a new single-story, 12,600-square-foot retail building is planned. Directly to the east, at 3 Flushing Avenue, a two-story, 36,645-square-foot retail building is in the works. To the north of 1 Flushing Avenue along Navy Street, at 25 Navy Street, another two-story retail building measuring 41,200 square feet is planned. A fourth building, this one five stories in height, is planned at 21 Flushing Avenue. That structure, to total 248,489 square feet, will include a 74,000-square-foot Wegmans market and 126,000 square feet of industrial space. S9 Architecture is the design architect. Steiner is ground-leasing the property in a 96-year lease, which is currently scattered with the crumbling remains of Admiral’s Row. Two of the dilapidated buildings along the corridor are being restored, but the rest are to be demolished. Completion is expected in 2017.

New 20,000-Square-Foot Statue of Liberty Museum Proposed on Liberty Island

6:00 am on June 13, 2016 By Reid Wilson

A new free-standing, 20,000-square-foot museum is being developed at the Statue of Liberty National Monument, located on Liberty Island in New York Harbor. The museum would replace the one currently located at the base of the statue, according to the Wall Street Journal. It would be able to accommodate 1,000 to 1,200 visitors per hour, and will include a gallery area, a theater, a bookstore, and administrative offices. FXFOWLE Architects has already been tasked to design the the museum, while ESI Design will be responsible for the interiors and exhibition space. The new building first has to be approved, and construction is estimated to take roughly two years. It would be built to the northwest of Flagpole Plaza on a vacant swath of land. Financing is being raised through the Statue of Liberty-Ellis Island Foundation. The National Park Service (NPS) maintains the property.

101 Murray Bites the Dust and 111 Murray Street Rises Skyward in Ever-Changing West Tribeca

4:00 pm on June 10, 2016 By Vitali Ogorodnikov

As befitting one of the planet’s key engines of economic and cultural motion, New York City exists in a state of constant change. This is particularly true for the city’s older, centrally located neighborhoods, such as TriBeCa. Over the past two centuries, its western portion along West Street has been repeatedly transformed beyond recognition, particularly by the 1960s urban renewal program that completely cleared dozens of formerly-vibrant blocks. But even there, a 32-year building life span is short by any measure.

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