Last fall, Chinese developer Cheerland Investments paid a whopping $129 million for the United Charities office building at 287 Park Avenue South, a nine-story Renaissance Revival structure built in 1892. An insider told the Wall Street Journal that it would be converted to condos, and earlier this week, permits were filed for a residential conversion that would add nine stories to the top.
Applications have been filed for a three-story, three-unit residential building measuring nearly 5,300 square feet at 1448 57th Street, in southern Borough Park. Horia E. Iuonas is the architect of record, and an existing two-story structure must first be removed.
The Court Square Blog notes that excavation has recently begun at 28-02 – 28-06 42nd Road, in Long Island City, where Hiwin USA LLC is developing somewhat mysterious tower apparently slated for Fall 2017. Per signage, the renderings shown a large mixed-use building, and Joseph Sultana is designing.
An LLC has filed applications for a six-story, 11-unit residential building measuring 8,014 square feet at 323 East 53rd Street, in Midtown East. Technically the project would be an expansion of the existing four-story townhouse, but the new structure would have a total floor area greater than 100% of the existing building. Vail Associates is designing.
Brownstoner stopped by recently at 247 Bedford Avenue, in Williamsburg, where a multi-level structure is being converted and expanded to accommodate its new retail tenant, Apple. Renderings of the project were revealed by YIMBY earlier this year, and opening is expected this year.
