Over the summer, Silverstein Properties began demolishing the low-rise commercial building at 520 West 41st Street/514 Eleventh Avenue, in Midtown West, to make way for a 1,400-unit mixed-use development. Now, the developer has tasked CBRE to market and sell the property, which could potentially be worth close to $500 million, according to Crain’s. The project is currently being processed through ULURP, as a rezoning is required, and Silverstein eventually agreed to allot 375,000 square feet for affordable housing. YIMBY revealed the original proposal in July of 2014.
An attractive, early 20th century bank building has sat vacant at the corner of Pitkin Avenue and Mother Gaston Boulevard in Brownsville for a few years, a neglected architectural gem near one of the neighborhood’s sprawling housing projects. But last time YIMBY passed by the building at 1797 Pitkin Avenue, someone had started doing work on the ground floor. Now we know why: a nursing home company has filed plans to convert the commercial building into a community facility.
Back in June, YIMBY last brought you a construction update on the 51-story, 68-unit residential tower at 5 Beekman Street/115 Nassau Street, in the Financial District. In the summer, the building was a few floors from topping out, and now, per Curbed, the building has topped out with exception of the metal ornamental turrets. The Gerner Kronick + Valcarcel-designed tower rises from the 10-story Temple Court building, which is also being converted into a 287-key hotel. GFI Capital and GB Lodging are developing, and completion is expected next year on both components of the project.
Frank Lam has filed applications for two four-story, multi-family buildings at 33-20 – 33-22 104th Street, in North Corona, located five blocks north of the 7 train’s stop at 103rd Street. Each building will measure 2,767 square feet and contain three residential units; at one per floor, two units will occupy the first two floors, while a duplex will span the top two floors. Suresh Manchanda’s Fushing-based L&C Associates is the applicant of record, and two existing single-family homes must first be demolished.
Brooklyn-based Amadu Barrie, doing business as B & Barrie LLC, has filed applications for two two-family residential buildings at 1549-1553 East 98th Street, in southern Canarsie. Although the two semi-detached buildings differ by about 400 square feet in footage, the entire development will measure 4,119 square feet, which translates into units averaging roughly 1,030 square feet. Jamaica-based Banji Awosika Architect is the applicant of record, and permits to demolish the existing single-family home were filed last August.