In the beginning of September, concrete and rebar rose from the ground at 100 Avenue A, in the East Village, where Ben Shaoul initially planned a six-story, 29-unit residential building with retail space. EV Grieve points out the building has climbed to an unexpected seventh floor, and, per the DOB, an eighth floor is on the way. The building will now contain 44 residential units, averaging 735 square feet, and Blink Fitness is expected to take 12,000 square feet on the ground floor. Issac & Stern Architects have designed the project, and completion is expected next year.
Toward the end of last spring, YIMBY brought you a construction update on the first two affordable housing components for the 5,500-unit Greenpoint Landing megaproject, in northern Greenpoint along the waterfront. At the time, foundation work was underway at 33 Eagle Street, where a seven-story, 98-unit residential building is planned, and now the building appears to have topped out, per Brownstoner.
GreenOak Real Estate and Capstone Equities are transforming the nine-story, 40,000 square-foot former Playboy Club building at 5 East 59th Street, right around the corner from Central Park, into an eight-story structure fitted for a single commercial tenant, according to Commercial Observer. The building will feature retail and showroom space on the lower levels, and office space on the upper floors. The property was purchased for $85 million over the summer, and Newmark Grub Knight Frank are marketing the building’s lease.
The neglected 4.5-story building at 109 Gates Avenue, in southern Clinton Hill, has been acquired by an unknown buyer for $2.9 million, according to Brownstoner. The buyer reportedly plans to renovate the landmarked building into luxury rental apartments, with a retail unit on the ground floor. Back in 2003, the LPC approved a restoration of the building to its current state, the first renovation since 1908.
Property owner Cyrous Akhavan has filed applications for a four-story, six-unit residential building at 727 Lafayette Avenue, in central Bedford-Stuyvesant, three blocks east of the G train’s stop at Nostrand Avenue. The building will measure 5,000 square feet, which means units will average 833 square feet. Russell Dance’s Queens-based RLD3 Engineering is the applicant of record, and the site’s dilapidated two-story predecessor was demolished late last year.