New York YIMBY

Three-Story, Three-Unit Residential Building Coming To 61-42 168th Street, Utopia

4:00 pm on August 11, 2015 By Reid Wilson

Whitestone-based property owner Robert Ranallo has filed applications for a three-story, three-unit residential building at 61-42 168th Street, in Utopia, four blocks from the QM4 bus stop at 164th Street/Horace Harding Expressway. The building will measure 3,568 square feet in total, which means full-floor units will average 1,190 square feet each. Great Neck-based Frank Petruso is the architect of record, and demolition began earlier this year to remove the site’s former two-story home.

Six-Story, Six-Unit Condo Project Under Construction At 64 East 1st Street, East Village

3:00 pm on August 11, 2015 By Reid Wilson

In April of 2014, YIMBY brought you news of the six-story, six-unit residential building planned at 64 East 1st Street, in the East Village, and now the first steel beams have been erected at the site, per EV Grieve. The building will measure a total 13,100 square feet, and duplex condominium units will average 2,185 square feet; the unit on the sixth floor will also include a seventh floor penthouse. Ekstein Development is behind the project, and GF55 Partners is designing.

Residential Plans Explored For 20 Broad Street, 27-Story Office Building In The Financial District

2:00 pm on August 11, 2015 By Reid Wilson

Vornado Realty Trust is exploring the idea of converting the 27-story, 473,000 square-foot office building at 20 Broad Street, in the Financial District, into residential units, according to Crain’s. Vornado may decide to keep the building as office space, but could also purchase and demolish the building once New York Stock Exchange vacates the building next year; their lease of 381,000 square feet expires in August. Currently, Vornado ground-leases the property.

Seven-Story, 32-Unit Building Underway At 1255 Bushwick Avenue, Bushwick

12:30 pm on August 11, 2015 By Reid Wilson

Roughly a year ago, YIMBY reported on filings calling for a seven-story, 32-unit residential building at 1255 Bushwick Avenue, in southern Bushwick, and now construction is beginning at the site, where only the façade of the former church stands. According to Brownstoner, the building will measure 21,897 square feet, so units will average a condo-sized 1,368 square feet. Brookland Capital is developing, while Issac & Stern Architects is designing.

95 South 5th Street, rendering from construction fence

Six-Story, 23-Unit Residential Project Tops Out At 95 South 5th Street, Williamsburg

11:00 am on August 11, 2015 By Reid Wilson

In October of 2014, YIMBY revealed renderings of the six-story, 23-unit mixed-use building planned at 95 South 5th Street, in western Williamsburg, and now the building is topped out, according to Curbed. Horrigan Development and Pilot Real Estate Group are developing the project, while Standard Architects is designing. A 675 square-foot dining establishment is planned on the ground floor, and units will average 790 square feet in the 18,575 square-foot structure.

10-Story, 93-Unit Mixed-Use Building Breaks Ground At 2211 3rd Avenue, East Harlem

10:00 am on August 11, 2015 By Reid Wilson

At the beginning of 2015, YIMBY revealed renderings for HAP’s planned 10-story, 93-unit mixed-use building at 2211 Third Avenue, in East Harlem, and now the developer has broken ground on the project, Real Estate Weekly reports. In the 120,000 square-foot building, commercial-retail space on the bottom floors will measure 26,000 square feet. A community facility on the ground floor will also take up 1,000 square feet. Twenty percent of the apartments will be let at below-market rates, and Karl Fischer is designing.

38-04 11th Street, rendering by Gradient Architecture Studio

Revealed: 38-04 11th Street, Long Island City Hotel

8:00 am on August 11, 2015 By Rebecca Baird-Remba

While the city could decide to ban hotels from manufacturing zones, developers have only pushed forward with their plans to build them, even in fairly remote parts of the outer boroughs. Yesterday, new building applications were filed for an eight-story hotel at 38-04 11th Street, at the northern edge of Long Island City. And YIMBY has the reveal for the project, which will replace an auto shop on the corner of 38th Avenue.

Foundation Work Making Headway at Extell’s One Manhattan Square, at 250 South Street

7:30 am on August 11, 2015 By Nikolai Fedak

Extell was the city’s first developer to put up a residential building of 1,000 feet or greater, and while the construction of One57 was fraught with complications, practice will hopefully make perfect. Despite initial difficulties and buckling streets, the latest photos from Tectonic show One Manhattan Square is now making major headway, at 250 South Street.

Permits Filed: 196 Montrose Avenue, East Williamsburg Expansion

7:00 am on August 11, 2015 By Rebecca Baird-Remba

As property values skyrocket in the low-slung eastern edges of Williamsburg, small developers are searching for ways to boost a site’s density without spending exorbitant amounts of money on construction. Increasingly, they file their developments as alterations, rather than new buildings, which allows them to avoid building expensive underground parking. And the J-51 abatement gives landlords a break on their property taxes, in exchange for preserving at least 50% of the old building and keeping the new units rent-stabilized for up to 20 years. One of these enterprising developers has filed alteration applications to expand a little three-story brick apartment building at 196 Montrose Avenue, on the corner of Humboldt Street.

Crown Acquisitions Purchases Retail Property At 144 Fulton Street, Financial District

6:30 am on August 11, 2015 By Reid Wilson

Crown Acquisitions has purchased the three-story retail building at 144 Fulton Street, in the Financial District, for $25 million, according to New York Daily News. Plans for the property have not been disclosed, but the site is primed for redevelopment, and has some of the best transit access in New York, directly adjacent to the Fulton Center and just two blocks from the WTC Transit Hub.

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