One of the last under-developed plots on Williamsburg’s pricey Northside is about to grow a six-story building. Builder Moshe Braver has decided to expand a mid-century brick warehouse at 286 Wythe Avenue, on the corner of North 1st Street, into a 70-foot-tall mixed-use development.
RGS Holdings has partnered with the property owner of 300 West 122nd Street, in Harlem, to develop a 12-story, 127-unit mixed-use building, according to Curbed. The site also includes the two-story building at 223 St. Nicholas Avenue, which will have to be demolished. The new building will measure roughly 161,300 square feet, and features 28,700 square feet of retail space on the ground floor. The units will be condominiums, and a slew of amenities are included. PBDW Architects is designing, and the project is expected to be complete in 2017.
Carnegie Hill-based La Scuola d’Italia has purchased 432 West 58th Street from Mount Sinai Medical Systems for $55 million, according to the Daily News. The 14-story, 102,000 square-foot building will be converted into a school with 28 classrooms, a library, media center, gym, dining facility, and additional academic amenities. An entirely new façade is planned, and an atrium will be built on the inside. The school will consolidate its two Upper East Side facilities into its new Midtown West location, allowing enrollment to increase from 300 to 700 students.
On the last day of July, the de Blasio administration quietly introduced a key piece of its plan to build 80,000 affordable units of housing: mandatory inclusionary zoning. The plan will require market-rate developers to set aside at least 25% of their units in each new building as affordable housing. As the city rezones several neighborhoods across the five boroughs, they’ll impose the policy along with the updated zoning—beginning with East New York.
Late last year, YIMBY reported on applications for a 30-story, 118-key hotel at 306 West 40th Street, right across from Port Authority, in Midtown West. Now new filings have been submitted for a slightly larger building, rising 36 stories and containing 120 hotel rooms. The structure will measure 44,430 square feet in total, which is an increase by nearly 200 square feet from the old proposal. The project also appears to have changed hands, and Brian Law, operating as NYC One Holding LLC, is the developer. Noel Wong’s Long Island-based ADB Associates is the applicant of record, and an existing four-story building must first be demolished.
