Property owner Ben Kaftari has filed applications for a nine-story, 50-unit mixed-use building at 172-02 Hillside Avenue, in Downtown Jamaica. The building will measure 57,750 square feet, with roughly 6,410 square feet counting towards community space, and another 4,400 square feet for commercial-retail. Frank Denner is designing, and an existing single-story auto-shop structure must first be removed.
The current crop of supertalls at 111 and 217 West 57th Street aren’t yet above ground level, but Extell is already in talks for their next major development along New York’s newly-minted Billionaire’s Row, at 123 West 57th Street. YIMBY’s sources confirm that the firm has emerged as the finalist in talks for the site, comprising the Calvary Baptist Church and the Salisbury Hotel, and we have also procured massing diagrams produced by another developer that was formerly in contention for the building.
The burgeoning new immigrant population in Woodside, Jackson Heights and Corona has driven a small construction boom in those neighborhoods, and one developer has decided to capitalize on the area’s growth with an eight-story hotel at 64-06 Queens Boulevard in Woodside.
New buildings and alterations are sprouting on every underused plot near Franklin Avenue in Crown Heights, and YIMBY noticed that this long-delayed revamp at 609 St Johns Place is finally nearing the finish line.
Eretz Group has acquired the 10-story, 170,000 square-foot office and retail building at 224 West 57th Street — across from Extell’s planned Nordstrom Tower, in Midtown — for $213.8 million. The building is landmarked, and after being acquired for $85 million in 2010, it underwent a $50 million renovation designed by Tirmizi Campbell. Per The Real Deal, the non-profit Open Society Foundations currently leases a majority of the building.
