New York YIMBY

Four-Story, Single-Family Townhouse Filed at 42 Sharon Street, East Williamsburg

3:00 pm on May 11, 2016 By Reid Wilson

The owners of Brooklyn-based Colossal Media Group have filed applications for a four-story, single-family townhouse at 42 Sharon Street, in East Williamsburg, located four blocks from the Grand Street stop on the L train. The structure will measure 3,630 square feet and will include a two-car garage on the ground floor. Richard A. Goodstein’s Brooklyn-based nC2 Architecture is the architect of record. The 20-foot-wide lot is currently occupied by attached single-story brick house.

Three-Story, Two-Family Residential Project Planned at 1441 58th Street, Borough Park

2:00 pm on May 11, 2016 By Reid Wilson

Brooklyn-based Soft Stone Development has filed applications for a three-story, two-family residential building at 1441 58th Street, in the heart of Borough Park, located four blocks from the 62nd Street stop on the D train. The project will encompass 7,212 square feet, and its residential units should average a very spacious 3,574 square feet apiece, which means condominiums are surely in the works. The ground and cellar levels will contain one apartment, while the second and third floors will host the other unit. Genaro Urueta’s Maspeth-based Studio Gallos is the architect of record. The 40-foot-wide lot is currently occupied by a two-story house. Demolition permits were filed back in December.

New Owners to Renovate Six-Story, 225,000-Square-Foot Commercial Building at 43-01 22nd Street, Long Island City

1:00 pm on May 11, 2016 By Reid Wilson

Olmstead Properties and Newmark Holdings are in contract to acquire the six-story, 225,000-square-foot commercial building at 43-01 22nd Street, in the Queens Plaza/Court Square section of Long Island City. The building currently houses office and design spaces, with Reis Studios, Concept Press, and interior designer Christian Liaigre leasing space at the property. The building is expected to trade hands for more than $60 million, according to Commercial Observer. The new owners plan to renovate the building by upgrading the lobby and replacing the windows and elevators. Roughly 50,000 square feet of commercial space is currently available.

Developers to Begin Foundation Work on 66-Story Office Tower at 3 Hudson Boulevard, Hudson Yards District

11:00 am on May 11, 2016 By Reid Wilson

Back in May of 2015, YIMBY brought you new renderings and details of the 66-story, 1.8-million square-foot office tower planned at 3 Hudson Boulevard, located between Eleventh Avenue and Hudson Boulevard and West 34th and 35th streets, in the Hudson Yards District. Moinian Group is now starting construction on the 1,050-foot-tall tower, according to Bloomberg, without any tenants officially secured. The developer is hoping to complete financing for the $2 billion tower once it lands an anchor tenant, which they hope will happen before foundation work is completed. The tower’s leasing broker is currently in negotiations with three possible tenants, one of which could lease 1 million square feet, and two for 500,000 square feet each. The FXFOWLE Architects-designed building will also boast a pair of five-story LED screens.

Developers Acquire Stalled 16-Story, 98-Key Hotel Project at 139 Orchard Street, Lower East Side

10:00 am on May 11, 2016 By Reid Wilson

In 2011, D.A.B. Group defaulted on the mortgage for their 16-story, 98-key hotel project at 139 Orchard Street, located on the Lower East Side. The developer eventually lost control of the site and abandoned construction on the structure, although the building topped out before work stopped. The latest development is that Fortuna Realty Group and Elk Investors won an auction to acquire the stalled-out project for $30.75 million, The Real Deal reports. Buildings applications indicate the hotel will measure 39,064 square feet. The new owners plan to finish construction on the building as a hotel. Completion is expected sometime in 2017.

The former Citicorp Center (aka Citigroup Center) at 601 Lexington Avenue as seen in December 2015. Photo by Evan Bindelglass.

Landmarks Calendars Seven Midtown East Buildings for Designation

8:00 am on May 11, 2016 By Evan Bindelglass

New York City is full of amazing stories of transformation. Many neighborhoods are dramatically different from the way they were 100 years ago. That’s certainly true of Midtown East, the area around Grand Central Terminal, and it is on the cusp of a new era of transformation. Various city agencies are managing that transformation, which included a rezoning plan abandoned in 2013. It also includes preservation. That’s where the Landmarks Preservation Commission comes into play.

Rendering Released for The Standish, a Brooklyn Heights Condo Conversion

7:30 am on May 11, 2016 By Rebecca Baird-Remba

The 12-story Standish Hotel in Brooklyn Heights is getting a makeover, and YIMBY has a rendering of the revamped property at 169-171 Columbia Heights.

Major Streetscape Improvements Proposed for Long Island City

7:00 am on May 11, 2016 By Vitali Ogorodnikov

The ongoing transformation of Long Island City is astounding. In the decade between 2006 and 2015, more than 8,600 housing units have been completed in the area, with well over 22,000 more on the way. Between 2012 and 2015, prices for prime development sites have jumped by 269 percent. As the neighborhood rapidly transitions from commercial/industrial to high-density residential, the local street grid, characterized by odd angles, must undergo a significant transformation. The city government began to address this need in 2010, when Jackson Avenue, the area’s principal thoroughfare, was upgraded with a green median, while a small triangular park was created at the intersection of 27th Street, Hunter Street, and 43rd Avenue.

292 North 8th Street, rendering by Macro Sea

Permits Filed: 292 North 8th Street, 11-Story Dorm in Williamsburg

6:30 am on May 11, 2016 By Rebecca Baird-Remba

An upscale 11-story dorm may replace a factory at 292 North 8th Street, near the BQE in Williamsburg.

City Planning Commission Expected to Approve Eight-Story Office Building Planned at 25 Kent Avenue, Williamsburg

6:00 am on May 11, 2016 By Reid Wilson

In early January, the city’s Uniform Land Use Review Procedure (ULURP) kicked off for Heritage Equity Partners’ planned eight-story, 400,000-square-foot office/manufacturing building at 25 Kent Avenue, in northern Williamsburg. Now, the City Planning Commission is expected to support rezoning the block for the project, Crain’s reports. But the approval comes at the expense of the proposed neighborhood rezoning, which would establish an “Enhanced Business District” over most of the North Williamsburg Industrial Business Zone (IBZ), allowing for the surrounding blocks to be developed similar to 25 Kent Avenue. The rezoning would grant developers a boost in allowed commercial FAR in exchange for the inclusion of light manufacturing space, identical to a normal community facility FAR bonus. City Planning is expected to approve the application later this month, at which point the City Council will vote on the project. Mayor Bill de Blasio will complete the ULURP review if he decides to sign off on City Council’s pending approval. Rubenstein Partners is partnered in the project, and Gensler and Hollwich Kushner Architecture (a.k.a HWKN) is designing.

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