525 West 145th Street

Five-Story, 78-Unit Residential Conversion Underway At 525 West 145th Street, Hamilton Heights

3:00 pm on March 14, 2016 By Reid Wilson

Back in late 2014, renderings and details surfaced of the 78-unit residential conversion of the five-story former Public School 186 at 525 West 145th Street, in Hamilton Heights. Harlem+Bespoke now reports the façade of the once dilapidated structure has been largely restored. Eight of the residential units will rent at market-rate prices, although the rest will rent at below market-rates spanning a wide range of income brackets. Apartments at the Residences at PS186 will come in studio-, one-, and two-bedroom configurations and will spread across 100,533 square feet of residential space, which means units should average a spacious 1,289 square feet apiece. The Boys and Girls Club of Harlem will operate 11,302 square feet of the building. Dattner Architects is behind the design, and Monadnock Development, Alembic Community Development, and the city’s Department of Housing Preservation and Development are the developers. Completion is expected this summer.

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365 Bond Street

12-Story, 430-Unit Residential Building Complete At 365 Bond Street, Gowanus

2:00 pm on March 14, 2016 By Reid Wilson

Back in January, construction was wrapping up on the 12-story, 430-unit residential building at 365 Bond Street, in Gowanus, and now Real Estate Weekly reports the building is nearly complete. Curbed NY also has new renderings of the project, dubbed 365 Bond. The rental apartments will come in a variety of configurations, including studio-, one-bedroom, and townhouse-style layouts, although details for the larger apartments haven’t been made available yet. There will be roughly 40,000 square feet of amenities in the form of a fitness center, a spinning room, a yoga room, multiple lounges, a library, a recreation room, multiple rooftop terraces, a waterfront esplanade, an interior courtyard, and residential and bike storage.There will also be 1,240 square feet of retail space on the ground floor. The Lightstone Group is the developer and Goldstein, Hill & West Architects designed the building. MARKZEFF and Weintraub Diaz Landscape Architecture also aided in the design process. Occupancy is expected in April, and construction is currently underway on another 270-unit residential building at 363 Bond Street.

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221 East 138th Street

Seven-Story, 50-Unit Condominium Project Now Planned At 221 East 138th Street, Mott Haven

1:00 pm on March 14, 2016 By Reid Wilson

In June of 2015, YIMBY reported on applications for a 10-story, 57-unit mixed-income rental project at 221 East 138th Street, in Mott Haven, but now Tahoe Development is swapping plans for a seven-story, 50-unit market-rate condominium building. Welcome2TheBronx reports the developer is abandoning plans to include affordable units due to cost concerns. It would also be the first market-rate condo project in the South Bronx since the 2008 financial crisis. The condos will come in studio, one-, and two-bedroom layouts, and the new building will contain ground-floor retail space as previously planned. Hudson Square’s Michael Muroff Architect is the architect of record. The existing two-story warehouse is currently being demolished.

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Former renderings of 98-81 Queens Boulevard - RJ Capital Holdings

Reveal For Five-Story, 100,000-Square-Foot Office Building At 98-81 Queens Boulevard, Rego Park

11:00 am on March 14, 2016 By Reid Wilson

RJ Capital Holdings is planning to develop a five-story, 100,000-square-foot multi-use commercial building at the right triangle-shaped block at 98-81 Queens Boulevard, in Rego Park, located four blocks from the 67th Avenue stop on the M/R trains. Commercial Observer has revealed a rendering of the project, which has not yet been filed with the Department of Buildings. The project will feature a mix of commercial uses, including medical office space and ground-floor retail. There will also be an underground parking garage. Multiple low-rise buildings will have to be demolished first, including the Ohr Natan Synagogue, whose lease expires in February of 2017, and commercial buildings at 98-69 and 98-83 Queens Boulevard and 66-02 99th Street. The developer acquired the assemblage in 2013 for $9 million.

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24-16 Queens Plaza South

22-Story, 117-Unit Residential Project Now Planned At 24-16 Queens Plaza South, Long Island City

10:00 am on March 14, 2016 By Reid Wilson

Back in July of 2014, YIMBY reported on applications for a 14-story residential building at 24-16 Queens Plaza South, in the Queens Plaza section of Long Island City, but now a new developer, Greystone Property Development, has acquired the site for $23 million. Greystone plans to add 17 stories to the existing five-story commercial building, Crain’s reports. The 22-story, 100,000-square-foot project will include 117 residential units and 3,836 square feet of ground-floor retail space, according to building permits approved back in December of 2015. The residential units would spread across 86,529 square feet of space for average units of 740 square feet apiece, indicative of rentals. Amenities include an outdoor pool, a gym, meeting rooms, and a roof terrace. Woods Bagot is designing. The developer has already secured $39 million in construction financing.

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