New York YIMBY

Six-Story, 36,000-Square-Foot Commercial Restoration Underway At 190 Bowery, NoLIta

6:30 am on February 22, 2016 By Reid Wilson

In May of 2015, YIMBY reported that the Landmarks Preservation Commission approved RFR Realty’s planned commercial restoration of the landmarked Germania Bank Building, a six-story, 36,000-square-foot building at 190 Bowery, in NoLIta. Bowery Boogie now reports the restoration is well underway and crews have replaced the property’s windows. A new entrance is also being installed on the ground level and other alterations are now taking place. The building will eventually have a ground-floor retail space and the upper five floors will be leased as office space. Higgins Quasebarth & Partners and MdeAS Architects are behind the restoration design. Completion can probably be expected later this year.

Glass Installation Wraps Up On 52-Story 10 Hudson Yards Office Tower

6:00 am on February 22, 2016 By Reid Wilson

YIMBY last reported on 10 Hudson Yards – the 52-story, 1.8-million square-foot office tower at the corner of Tenth Avenue and West 30th Street – last November when the structure officially topped out. Now, new photos taken by Tectonic show that glass installation is nearing completion and close to reaching the structure’s 895-foot-tall pinnacle. Earlier this month, office space in the building was roughly 100 percent leased, as Real Estate Weekly reported. Coach Inc. will occupy floors nine through 23 and part of 24, VaynerMedia will take the rest of floors 24 and 25, Intersection and Sidewalk Labs will take floor 26 and part of floor 27, L’Oréal USA will occupy the rest of 27 and floors 28 through 36, the Boston Consulting Group is leasing floors 42 through 47, and finally SAP is taking floors 48 through 52. Related Companies and Oxford Properties Group are the developers and Kohn Pedersen Fox is the design architect. Occupancy is expected in the spring.

Tower 28 In Long Island City About To Top Out As NYC’s Tallest Residential Outside Manhattan

4:30 pm on February 19, 2016 By Vitali Ogorodnikov

If you remember the recent topping out of 23-10 Queens Plaza South as the second tallest building in Queens, hearing of another contender usurping its place so quickly might give you a sense of déjà vu. In a testament to Long Island City’s dizzying pace of development, the title passes to Tower 28, previously known as 28 on 28th.

Six-Story, Nine-Unit Mixed-Use Building Coming To 1471 Amsterdam Avenue, Manhattanville

4:15 pm on February 19, 2016 By Reid Wilson

Property owner Zhi Lin has filed applications for a six-story, nine-unit mixed-use building at 1471 Amsterdam Avenue, in Harlem’s Manhattanville section, on the block between West 131st and 133rd streets. The new building will rise on a 25-foot-wide lot and measure a total 8,854 square feet. The ground floor will have a 1,280-square-foot commercial establishment and the residential units stacked above will average a rental-sized 616 square feet apiece. Amenities include a recreation room and laundry in the cellar, and rooftop recreation area. James Cheng’s Flushing-based Urban Architectural Design is the architect of record. Demolition work commenced on the existing single-story structure this past December, according to filings.

Five-Story, 16-Unit Mixed-Use Project Planned At 737 Liberty Avenue, East New York

4:00 pm on February 19, 2016 By Reid Wilson

Sasson Properties has filed applications for a five-story, 16-unit mixed-use building at 737 Liberty Avenue, in East New York, located two blocks equidistant from subway stops on either the J or C trains. The development will measure 21,856 square feet in total and will include 3,029 square feet of ground-floor retail space. Beginning on the second floor, there will be four residential units per floor. Apartments will average a relatively spacious 835 square feet apiece and will likely be rentals. The cellar will contain eight parking spots, which is the minimum required under zoning. Sandor Weiss’s Brooklyn-based Gelu Durus Musica is the applicant of record. Three- and two-story buildings, at 737 and 735 Liberty Avenue respectively, must first be demolished.

Foundation Work Underway At Six-Story, 24-Unit Residential Building At 11-30 45th Road, Long Island City

3:00 pm on February 19, 2016 By Reid Wilson

In the summer of 2014, YIMBY revealed renderings of the six-story, 24-unit residential building planned at 11-30 45th Road, in the Hunters Point section of Long Island City. Building applications were filed in December of that year and we last reported that excavation equipment arrived on site in October of 2015. The Court Square Blog now reports foundation work is underway. The new building will encompass 31,729 square feet and apartment units will average 931 square feet apiece. There will be 14 parking spaces on the ground floor and the structure will be topped by a penthouse for tenants’ recreational use. Century Development Group is developing the project and Flushing-based Raymond Chan is designing it. Completion is anticipated for the summer of 2017.

Seven-Story, 27-Unit Residential Project Filed At 824 Metropolitan Avenue, Williamsburg

2:00 pm on February 19, 2016 By Reid Wilson

Queens-based Zios Sachtouris has filed applications for a seven-story, 27-unit residential building at 824 Metropolitan Avenue, in central Williamsburg, located three blocks east of the Graham Avenue stop on the L train. The project will total 23,166 square feet and the residential units will average a rental-sized 737 square feet apiece. The cellar will have laundry, storage space for tenants, and a recreation room, and each floor from the ground through the sixth level will contain five or four apartments. The seventh floor will contain a single unit. Anthony Villano’s Brooklyn-based ACV Architecture is the architect of record. The 50-foot-wide lot is currently vacant.

Eight-Story, 39-Unit Apartment Building Filed At 240 East 178th Street, Mount Hope

1:00 pm on February 19, 2016 By Reid Wilson

Kim Tasher of SKF Development has filed applications for an eight-story, 39-unit residential building at 240 East 178th Street, in Mount Hope, located around the corner from the Tremont Avenue stop on the B and D trains. The project will encompass 27,603 square feet and its residential units, which appear to be market-rate, will average a rental-sized 648 square feet apiece. The new building will include laundry and a 782-square-foot recreation area in the cellar. Mohammad Badaly’s Mount Vernon-based Badaly Architects is the architect of record. The 50-foot-wide lot is currently occupied by a two-story wood-frame house, for which demolition permits have not been received.

Foundation Works Begins For 27-Story, 168-Unit Residential Project At 27-19 44th Drive, Long Island City

11:00 am on February 19, 2016 By Reid Wilson

On-site renderings were revealed in November for the 27-story, 168-unit residential building under development at 27-19 44th Drive, in the Court Square section of Long Island City. Now, The Court Square Blog reports foundation work has just begun. Earlier this month, developer Twining Properties and investment parter CBD secured $70 million in financing for the project, which is being dubbed Watermark Court Square. The new building will measure 151,021 square feet in total and will include 2,807 square feet of ground-floor retail. The apartment units will average 730 square feet apiece and come in studio, one-, and two-bedroom configurations. Handel Architects is the architect of record. Completion is expected in the fall of 2017.

41-Story, 670,000-Square-Foot Office Tower At 425 Park Avenue Lands Anchor Tenant, Midtown

10:00 am on February 19, 2016 By Reid Wilson

In late 2014, YIMBY brought you new renderings of the Foster + Partners-designed 41-story, 897-foot-tall office tower under development at 425 Park Avenue, between East 55th and 56th streets in Midtown, and now project has secured its anchor tenant with a city-wide record-breaking lease. According to Real Estate Weekly, Chicago-based Citadel will take roughly 200,000 square feet in the 670,000-square-foot building, with rents as high as $300 per square foot on the tower’s penthouse floors. The project, being developed byL&L Holding and GreenOak Real Estate, is aiming for L.E.E.D. Gold and WELL certifications. This past summer, the developers secured a $556 million construction loan and the site’s 32-story office predecessor has since been significantly demolished. The lower portion of the existing structure will be utilized in the new building and completion is expected in late 2018.

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