This week New York City’s Landmarks Preservation Commission granted approval to construct a new mixed-use office building at 3 St. Mark’s Place in the East Village, following repeated proposals from Real Estate Equities Corporation (REEC) and Morris Adjmi Architects. Located on the corner of Third Avenue and St. Mark’s Place, the development caused contention over its proposed alterations to an adjacent historic landmark at 4 Saint Mark’s Place known as Hamilton Holly House.
Permits have been filed for an 11-story mixed-use building at 533 Pacific Street in Boerum Hill, Brooklyn. Located between Third Avenue and Fourth Avenue, the through lot also known as 542 Atlantic Avenue is steps away from the Atlantic Avenue-Barclay Center subway station, serviced by the B, D, N, Q, R, 2, 3, 4, and 5 trains. The property is owned by Sterling Town Equities, which bought the commercial site last year for $28 million.
Construction has begun on a mixed-use development at 299 Chauncey Street in Stuyvesant Heights, Brooklyn. Five units described as “individual mini dollhouses” will be added onto an existing 6,020-square-foot structure, originally built in 1925. The new development will be positioned on the eastern side of the property, bringing the total number of units up to nine, with retail on the ground floor at the corner. Prestige Equity Holdings and Wolf Group & Partners are the developers, with design and construction being handled by Brooklyn-based design firm Raab Interiors.
Work on the façade and interiors of 40 East End Avenue is nearing completion on the Upper East Side. The 81,000-square-foot, 29-unit residential building is located at the corner of East 81st Street and will feature two- to five-bedroom apartments, a maisonette, and a duplex penthouse with a private rooftop terrace. Pricing for the residences will range from $3 million to $25 million. Deborah Berke Partners designed the 210-foot, 20-story project in collaboration with Gerner Kronick + Valcarcel Architects. Lightstone is the developer, while Corcoran Sunshine is responsible for sales and marketing.
This week, Ironstate Development and KRE Group launched preview leasing of 235 Grand Street, which will soon be one of the tallest residential structures to debut on Jersey City’s Hudson River waterfront. The 46-story tower is set to offer a collection of 549 apartments with an assortment of amenities. Designed by HLW International, the development is expected to grant occupancy by September 2019.