Hot off the success of JDS and Property Markets Group’s Walker Tower conversion in Chelsea (one of the penthouses, asking $47.5 million, just entered into contract) and their smaller Stella Tower uptown, another developer is trying their…
Pier55 [Wall Street Journal]: Barry Diller has provided $100 million in funding for the development of the $130million, 2.7-acre Pier55, located in the Hudson River off the Meatpacking District. Demolition of existing Pier 54 “will begin in…
BRONX: 5278 Post Road: Applications have been filed to begin construction of the planned seven-story, 95-unit residential building of 86,841 square feet at 5278 Post Road, in Fieldston. Purcell Architects is designing, and a completion date has not yet…
On Tuesday, the New York City Landmarks Preservation Commission, heard a proposal to build a four-story residential building in Cobble Hill, but did not give it the go-ahead. The concept for 112 Atlantic Avenue (at the corner of Henry Street) has eight residential units, plus commercial space and a nine-car automated parking garage entrance on the ground floor (with the actual parking spaces being located on the cellar level). The commercial space would require a variance from the Board of Standards and Appeals.
As the real estate recovery takes hold, the outer edges of the outer boroughs are starting to see more construction activity. While not as trendy as neighborhoods in western Brooklyn and Queens, areas like eastern…
