11-30 45th Road

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.

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824 Metropolitan Avenue

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.

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240 East 178th Street

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.

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27-19 44th Drive

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.

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425 Park Avenue

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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