Commercial

Le Gallerie Progresses at 132 West 14th Street in Greenwich Village, Manhattan

7:30 am on February 6, 2024 By Michael Young and Matt Pruznick

Exterior work is progressing on Le Gallerie, a seven-story commercial building at 132 West 14th Street in Greenwich Village, Manhattan. Designed and developed by KPG Funds, the project involves the gut renovation and re-cladding of a structure that formerly served as an auxiliary space for the adjacent Salvation Army headquarters, and will yield 57,478 feet of Class A office and retail space, as well as a ground-floor art gallery. 132 West 14th Street Ground Lessee LLC is listed as the owner and MJM Associates Construction is the general contractor for the development, which is located on an interior lot between Sixth and Seventh Avenues.

2731 W 12th Street, courtesy of Shea Communications

Prologis Acquires Industrial Site At 2731 West 12th Street In Coney Island, Brooklyn For $51 Million

7:00 am on February 6, 2024 By Max Gillespie

Prologis, an international leader in logistics real estate, has purchased an industrial plot of land located at 2731 West 12th Street in Coney Island, Brooklyn. The site, which spans just less than 17 acres, was sold by National Grid and is currently undeveloped. Prologis plans to re-develop the site.

Renderings Revealed for Port Authority Bus Terminal Overhaul in Midtown, Manhattan

8:00 am on February 4, 2024 By Michael Young and Matt Pruznick

Last week, the Port Authority of New York and New Jersey (PANYNJ) revealed a pair of renderings for its proposal to reconstruct Port Authority Bus Terminal in Midtown, Manhattan. The $10 billion project is being designed by Foster + Partners and will replace the rundown 74-year-old, 2.1-million-square-foot structure that spans two city blocks between Eighth and Ninth Avenues and West 40th and 42nd Streets. The bi-state agency submitted a draft Environmental Impact Statement (EIS) last Thursday to the Federal Transit Administration, which green-lit a 45-day public comment period. Four hearings will be held from February 20 to 22.

Industry City overhead render, via industrycity.com

Industry City Announces Three New Leases Totaling 33,496 Square Feet in Sunset Park, Brooklyn

7:00 am on February 4, 2024 By Max Gillespie

Industry City, an innovation campus that spans approximately 35 acres in Sunset Park, Brooklyn, has announced the signing of three new industrial leases spanning 33,496 square feet. Industry City currently is home to more than 8,500 workers across more than 550 businesses, ranging from small startups and solo entrepreneurs to large enterprises.

Permits Filed for 1051 Whitlock Avenue in Longwood, The Bronx

6:30 am on February 4, 2024 By Vanessa Londono

Permits have been filed to build a 14-story mixed-use building at 1051 Whitlock Avenue in Longwood, The Bronx. Located between East 165th Street and Aldus Street, the lot is one block from the Whitlock Avenue subway station, serviced by the 6 train. Mark Stagg of RYTY Home Builders, LLC is listed as the owner behind the applications.

18 West 55th Street Begins Ascent in Midtown, Manhattan

8:00 am on February 3, 2024 By Michael Young and Matt Pruznick

Construction is rising on 18 West 55th Street, a 26-story residential building in Midtown, Manhattan. Designed by Morris Adjmi Architects and developed and built by Skyline Developers, which purchased the property for $83 million in 2017 under the 18 West 55th Street LLC, the 289-foot-tall structure will span 152,084 square feet and yield 97 rental units with an average scope of 1,319 square feet, as well as 6,380 square feet of ground-floor commercial space and a 10,343-square-foot cellar level. The project is located on a formerly vacant interior lot situated next to the Peninsula Hotel between Fifth and Sixth Avenues.

Permits Filed for 275 Chestnut Street in Cypress Hills, Brooklyn

7:00 am on February 1, 2024 By Vanessa Londono

Permits have been filed for a 14-story mixed-use building at 275 Chestnut Street in Cypress Hills, Brooklyn. Located between Fulton Street and Atlantic Avenue, the lot is near the Norwood Avenue subway station, serviced by the J and Z trains. Phipps Houses is listed as the owner behind the applications.

Permits Filed for 211 Nostrand Avenue in Bed-Stuy, Brooklyn

7:00 am on January 31, 2024 By Vanessa Londono

Permits have been filed for a six-story mixed-use building at 211 Nostrand Avenue in Bedford-Stuyvesant, Brooklyn. Located between Pulaski Street and Dekalb Avenue, the lot is near the Bedford-Nostrand Avenues subway station, serviced by the G train. Issac Lebo of Nostrand Development LLC is listed as the owner behind the applications.

Demolition Wraps Up At 540 Third Avenue in Murray Hill, Manhattan

7:30 am on January 30, 2024 By Michael Young and Matt Pruznick

Demolition is finishing up at 540 Third Avenue, the site of a 22-story residential building in Murray Hill, Manhattan. Designed by Ismael Leyva Architects and developed by Robert Gilardian of Gilar Realty, the 235-foot-tall structure will span roughly 109,000 square feet and yield 160 rental units with an average scope of 625 square feet, as well as 3,747 square feet of ground-floor commercial space and a cellar level. Third Avenue Pavilions Residences is listed as the owner and Celtic Services NYC Inc. is the demolition contractor for the property, which is alternately addressed as 162 East 36th Street and located at the corner of Third Avenue and East 36th Street.

Excavation Underway for 68-Story Skyscraper at 100 West 37th Street in Midtown, Manhattan

8:00 am on January 27, 2024 By Michael Young and Matt Pruznick

Excavation is moving along at 100 West 37th Street, the site of a 68-story mixed-use skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will span 384,118 square feet and yield 300 condominium units with an average scope of 991 square feet, as well as 86,817 square feet of commercial space and two cellar levels. Northeast Specialist Group was the demolition contractor for the corner property, which is alternately addressed as 989-993 Sixth Avenue and located at the intersection of Sixth Avenue and West 37th Street.

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