Demolition permits have been filed for the 12-story commercial building that houses the flagship Rolex at 665 Fifth Avenue in Midtown, Manhattan. Owned by the Rolex Realty Company LLC, the 11,050-square-foot site will soon house the Rolex headquarters in a 25-story tower designed by David Chipperfield Architects.
Construction is expected to begin soon on a seven-story mixed-use residential and commercial development at 33 Franklin Street in Greenpoint, Brooklyn. The 21,000-square-foot-lot has street frontage along Calyer Street, Quay Street, and Franklin Street and is also addressed as 82 Calyer Street. Yidel Hirsch is listed as the owner under the Franklin 33 LLC, and StudiosC is the filing architect as well as responsible for all exterior and interior design.
Work is nearing completion on One Wall Street, the largest office-to-residential conversion project in New York City’s history. Developed by Macklowe Properties, the 21st century overhaul is expected to cost around $1.5 billion, transforming the 90-year-old, 564-foot-tall Art Deco skyscraper with a multi-story addition designed by SLCE Architects as well as a 44,000-square-foot Whole Foods Market and a Life Time fitness center on the lower levels. The Financial District property will yield 566 new units with sales handled and marketed by Compass.
Proposals now under review by the Department of City Planning reveal a new retail building and the enlargement of two existing buildings within Staten Island’s Tysens Park Shopping Center. Located at 2712 Hylan Boulevard, the Tysens Park Shopping Center occupies 12.5 acres or approximately 546,000 square feet. The property comprises eight single-story commercial buildings and 731 accessory off-street parking spaces.
The affordable housing lottery has launched for 65 Graham Avenue, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by Bricolage Designs, the structure yields 5,567 square feet with eight residences and both commercial and community facility space. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $75,258 to $167,570.
