16 East 39th Street

22-Story, 162-Key Hotel Filed At 16 East 39th Street, Midtown South

6:00 am on January 6, 2016 By Reid Wilson

Sam Chang’s Great Neck-based McSam Hotel Group has filed applications for a 22-story, 162-key hotel at 16 East 39th Street, in Midtown South, located a few blocks from Bryant Park and Grand Central Terminal. The building would measure 73,073 square feet in its entirety, and 66,328 square feet would be used for hotel operations. The hotel rooms would each measure an average of around 400 square feet and a lounge would be located on the top floor. SoHo-based Gene Kaufman is the architect of record. The existing 12-story, thru-block office building was subdivided into separate tax lots in October, so we’re guessing only the the 39th Street half of the building is going to be demolished, along with an adjacent three-story townhouse at 14 East 39th Street. According to The Real Deal, the properties are currently owned by ClearRock Properties and Juster Properties.

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65-25 Roosevelt Avenue

Seven-Story, 10-Unit Mixed-Use Building Filed At 65-25 Roosevelt Avenue, Woodside

4:00 pm on January 5, 2016 By Reid Wilson

New Hyde Park-based Lilly Chen has filed applications for a seven-story, 10-unit mixed-use building at 65-25 Roosevelt Avenue, in Woodside, located directly under the the 69th Street stop on the 7 train. The building will measure 10,208 square feet, and retail space will measure 1,973 square feet in total on the cellar, ground, and second stories. Flushing-based Li Architect Associate is the architect of record and demolition permits were filed last month to remove the dilapidated two-story structure. A similarly-sized building is planned on the adjacent lot at 65-27 Roosevelt Avenue.

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356 Fulton Street

Developer Acquired Mixed-Use Development Site At 356 Fulton Street, Downtown Brooklyn

3:00 pm on January 5, 2016 By Reid Wilson

The Feil Organization purchased the three-story, 28,000 square-foot office building at 356 Fulton Street, in Downtown Brooklyn, for $43 million just before New Year’s. The Midtown-based developer has not disclosed plans for the site, though it could accommodate a new mixed-use building with 87,000 and 104,000 square feet of residential and commercial space, respectively. The property was acquired from and was occupied by Capital One, according to The Real Deal.

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42 West Broad Street

16-Story, 249-Unit Mixed-Use Project Moves Forward At 42 West Broad Street, Mount Vernon

2:00 pm on January 5, 2016 By Reid Wilson

Alexander Development Group and The Bluestone Organization have held a ceremonial groundbreaking for their planned 16-story, 249-unit mixed-use building at 42 West Broad Street, in Mount Vernon’s Fleetwood neighborhood. The project will include 14,500 square feet of ground-floor retail space and the developer is also making upgrades to the adjacent four-level municipal parking garage. The existing single-story grocery store was vacated last year and must first be demolished, according to Westfair. The building will be located four blocks from the Fleetwood Metro-North Railroad station. Completion is expected in 2017.

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322 Gates Avenue

Six-Story, 28-Unit Mixed-Use Building Planned At 322 Gates Avenue, Bedford-Stuyvesant

1:00 pm on January 5, 2016 By Reid Wilson

Just before New Year’s, Foster Equities filed applications for a six-story, 28-unit residential building at 322 Gates Avenue, in Bedford-Stuyvesant, located six blocks south of the Bedford – Nostrand Avs. stop on the G train. According to DNAinfo, the building will measure 22,272 square feet in total and will include a 991 square-foot retail portion on the ground floor. The residential units, which will be rentals, will begin on the second floor and average 760 square feet apiece. Z Architecture is designing the project. The single-story Bedford Beer & Soda Dist. building, acquired for $4.5 million last March, was approved for demolition in the fall.

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