In March, Bushwick-based developer Level One Holdings filed applications for a seven-story apartment building at 740 Dekalb Avenue between Marcy and Tompkins Avenues, in the heart of Bed-Stuy. The development got its new building permits last month, and YIMBY has the first look at what will rise on the empty lot.
Earlier this month, Fisher Brothers, Witkoff and New Valley secured financing for their 58-story, 157-unit condominium project at 111 Murray Street, in southern Tribeca, and now the team has broken ground on the building. The Kohn Pedersen Fox-designed tower is already over 40% sold, with interiors designed by MR Architecture + Décor. Completion is expected in early 2018.
Advanced talks were underway earlier this spring to convert JFK Airport’s vacant TWA Flight Center into a hotel, and now the project appears to be happening, according to Curbed. A 505-key hotel is expected, which will be accompanied by 40,000 square feet of meeting space, six to eight dining options, an observation deck, and a museum.
The French government sold an eight-story brick townhouse at 1143 5th Avenue in the Upper East Side for the tidy sum of $36.4 million last November, and last week, the new owners filed applications to expand the building by five stories.
Little Neck-based Roni Contracting Corp. has filed applications for a three-story, six-unit residential building at 89-15 129th Street, in eastern Richmond Hill, located six blocks from the J/Z subway’s stop at 121st Street. The building will measure a total 5,343 square feet, for an average unit of 890 square feet. Belal Salim’s Platonic Solids Architecture is designing, and an existing two-story, two-unit structure must first be demolished.
