138-142 Bowery

Reveal for Eight-Story, 67-Unit Apartment-Hotel at 138-142 Bowery, Little Italy

6:30 am on April 11, 2016 By Reid Wilson

Back in September of 2015, YIMBY reported on applications for an eight-story, 67-unit apartment-hotel at 138-142 Bowery, in Little Italy. Now, Bowery Boogie has revealed renderings of the project and has reported that demolition of the site’s existing two- and three-story structures has been completed. The new building will encompass 53,088 square feet, and will host 46 hotel rooms and 21 residential units. There will be commercial-retail space on the cellar, ground, and mezzanine levels, so it’s difficult to estimate the size of the hotel rooms. The apartments will span the sixth through eights floors and should average a rental-sized 658 square feet apiece. Emmut Properties is the developer and New Jersey-based Schneider Associates is serving as the applicant of record. Completion is expected in 2017. The developer closed on the development assemblage last October for $47 million.

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123 Melrose Street

Developer Completes Assemblage for Two-Building Residential Complex at 123 Melrose Street & 54 Noll Street, Bushwick

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

In October of 2014, YIMBY reported on applications for an eight-story, 385-unit residential building at 123 Melrose Street, the site of the former Rheingold Brewery complex in western Bushwick, located three blocks from the Myrtle Avenue stop on the J/M/Z trains. All Year Management has now acquired a piece (28 Stanwix Street) of the mega-block development site – bound by Evergreen Avenue and Stanwick, Melrose, and Noll streets – from Princeton Holdings and Read Property Group for $72.2 million, The Real Deal reported.

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425 Park Avenue, Pioneer of Modernism, Loses Half Its Height to Make Way for 893-Foot-Tall 21st Century Beacon

4:30 pm on April 8, 2016 By Vitali Ogorodnikov

Park Avenue is about to get its first new office tower in decades as the 1957 office tower at 425 Park Avenue (catty corner to Rafael Viñoly’s 1,396-foot-tall 432 Park Avenue), once the pinnacle of modernity, is being reinvented for the 21st century via a partial demolition and a dramatic, 893-foot-tall restructuring by developer L&L Holdings and architects at Foster + Partners.

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346 43rd Street

Four-Story, Three-Unit Residential Building Coming To 346 43rd Street, Sunset Park

4:00 pm on April 8, 2016 By Reid Wilson

Property owner Ahn Lee-McKechnie has filed applications for a four-story, three-unit residential building at 346 43rd Street, in northern Sunset Park, located two blocks north of the 45th Street stop on the R train. The building will measure 4,000 square feet, which means its residential units should average a spacious 1,333 square feet apiece, indicative of condominiums. There will be two full-floor apartments on the ground and fourth floors, and a duplex unit spanning the second and third floors. Hames Hill’s Garment District-based Urban Pioneering Architecture is the architect of record. The site is currently occupied by a three-story townhouse. Demolition permits have not yet been filed.

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217-19 112th Street

Three One-, Two-Family Houses Planned at 217-19 112th Road, Queens Village

3:00 pm on April 8, 2016 By Reid Wilson

Property owner Anthony Namdar has been filing applications since 2014 for three two-story residential buildings at 217-15 – 217-21 112th Road, in southern Queens Village, located roughly one mile south of the neighborhood’s Long Island Rail Road station. There will be a 1,749-square-foot, single-family house at the center of the site, which will book-ended by two 2,742-square-foot, two-family houses. Across the entire development, residential units should average 914 square feet apiece. All of the houses will also feature a 300-square-foot, single-car garage. Jamaica-based Royal Engineering is the applicant of record. An existing two-story wood-framed house must first be demolished.

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