2440 Fulton Street

Developer Acquires 2440 Fulton Street, Site With Commercial Potential, Ocean Hill

3:00 pm on July 6, 2015 By Reid Wilson

Abe Leser’s Mapleton Group has acquired the two-story, 115,000 square-foot commercial building at 2440 Fulton Street, in Ocean Hill — within walking distance of Broadway Junction and LIRR’s East New York station — for $33 million. The property has 40,000 square feet of available air rights, but could accommodate a new commercial building of 155,000 square feet if demolished. Plans for the site have not yet been disclosed, according to The Real Deal.

105 Corporate Park Drive

421-Unit Residential Complex Planned At 105 Corporate Park Drive, Harrison, NY

2:00 pm on July 6, 2015 By Reid Wilson

Normandy Real Estate Partners and Toll Brothers are planning to build a six-story, 421-unit residential complex at 103-105 Corporate Park Drive, in Westchester County’s Harrison. The site is located in “the teardrop” — the swath of land flanked by I-684, the Hutch, the CWE and an interchange, which mostly consists of office parks. Activists are currently rallying for the inclusion of affordable units, reports Westfair Communications.

44-80 11th Street

Eight-Story, 105-Unit Rental Building Wraps Up At 44-80 11th Street, Long Island City

11:00 am on July 6, 2015 By Reid Wilson

Nearly a year ago, a planned eight-story, 105-unit residential building at 44-80 11th Street, in Long Island City, was one story up, and now the structure is topped-out, with façade and window installation nearly complete. Scaffolding has been removed from the nearly 79,500 square-foot structure, according to The Court Square Blog, and the building will be rentals, located a few blocks from the E, M, 7 and G subway lines. Ekstein Development is developing, while GF55 Partners is designing. Completion is expected by Fall of this year.