Commercial

Two-Towered 1,115-Unit Mixed-Use Development Rises To Second Floor At 22-44 Jackson Avenue Long Island City

6:30 am on October 5, 2016 By Reid Wilson

Construction is now two stories above street level—a two-story increase since the end of May—on the two-towered, 48- and 41-story, 1,115-unit mixed-use development replacing 5Pointz at 22-44 Jackson Avenue, in the Court Square section of Long Island City. The latest photos of the site can be seen at The Court Square Blog. The entire complex will encompass 1,209,884 square feet, including 39,765 square feet of commercial space on the ground and cellar levels. Some of that space will be for 20 artists’ studios. The residential units will be rentals averaging 876 square feet apiece. Twenty percent of them, or 223 units, will rent at below-market rates through the affordable housing lottery. G&M Realty is the developer and HTO Architect is behind the architecture. Completion is expected towards the end of 2017.

Two-Story, 138,600-Square-Foot Self-Storage Facility Coming To 3350 Park Avenue, Morrisania

11:00 am on October 4, 2016 By Reid Wilson

Property owner Larry Ahern has filed applications for a two-story, 138,600-square-foot self-storage facility at 3350 Park Avenue, located on the corner of East 165th Street in the South Bronx’s Morrisania section. The project will have 90,600 square feet of commercial space, which is the area that can be rented out as storage space. Ceiling heights will also measure roughly 20 feet, so it could be that the building gets partially used for industrial purposes. Accessory offices will be located on the ground floor. There will also be four loading berths and 15 off-street parking spaces. Frank G. Relf’s Melville, N.Y.-based architecture firm is the architect of record. The 90,800-square-foot lot is partially occupied by a collection of single-story commercial warehouses rented out to various businesses. Demolition permits haven’t been filed.

Reveal For Five-Story, 30-Bed Rehabilitation Center Planned At 411 Van Brunt Street, Red Hook

2:00 pm on October 3, 2016 By Reid Wilson

A rendering, as well as new details, have surfaced for the five-story, 30-bed rehabilitation facility, dubbed The Hook Recovery Center, under development at 411 Van Brunt Street, in Red Hook. The facility, founded by Michael Mosberg and developed by the Leser Group, will be an upscale, “self-pay” center for individuals suffering from drug addiction.

Seven-Story, 13,800-Square-Foot Mixed-Use Commercial Project Coming To 2916 Shell Road, Coney Island

11:00 am on September 30, 2016 By Reid Wilson

An anonymous Brooklyn-based LLC has filed applications for a seven-story, 13,827-square-foot mixed-use commercial building at 2916 Shell Road, on Coney Island. There will be 8,919 square feet of commercial-warehouse space across the ground through fifth floors, followed by 2,350 square feet of medical offices on the sixth and seventh floors. Yevgeniy Rybak’s Brooklyn-based Rybak Architects is the architect of record. The 85-foot-wide, 4,483-square-foot property is currently occupied by a two-story house. Demolition permits were filed in June. The Neptune Avenue stop on the F train is a block away.

Turkevi Center at 821 First Avenue. rendering by Perkins Eastman

Turkey Files Plans for 35-Story Consulate and Apartments at 821 First Avenue

4:00 pm on September 28, 2016 By Rebecca Baird-Remba

In March, renderings of the Turkevi Center appeared, a planned mission, consulate, and residential tower for the Republic of Turkey. Now the Turkish consulate has filed applications for the 35-story development at 821 First Avenue, at the corner of 46th Street.

Residential Conversion Possibly In The Works At 14-Story, 80,000-Square-Foot Commercial Building, 140 West 57th Street, Midtown

1:00 pm on September 28, 2016 By Reid Wilson

Property owner Feil Organization is now clearing out a majority of the 14-story, 80,000-square-foot commercial building at 140 West 57th Street, along “Billionaires’ Row” in Midtown. The third through 14th floors are possibly getting a condominium conversion, the New York Post reported, although plans are not yet confirmed. The space could also get an office renovation or a hotel conversion, but plans for apartments have already been drawn up and are apparently further along. The three-level Morton Williams supermarket, located along the street level, will be unaffected. The property is an individual landmark, which means any exterior alterations that go into a renovation or conversion must be approved by the Landmarks Preservation Commission.

Renderings Revealed Of Pennsylvania Station-Farley Complex Transportation Project

7:30 am on September 28, 2016 By Reid Wilson

Earlier this year, Gov. Andrew Cuomo released a request for proposals (RFP) to upgrade, modernize, and expand Pennsylvania Station, located at Eighth Avenue and West 33rd Street under Madison Square Garden. The project will also incorporate the landmarked James A. Farley Post Office Building into the transportation complex. Now, renderings of the project have been revealed, per The New York Times, along with a timeline.

23-01 41st Avenue, rendering by Architects Studio

Foundation Work Complete For Six-Story, 37-Unit Mixed-Use Project At 23-01 41st Avenue, Long Island City

1:00 pm on September 26, 2016 By Reid Wilson

Foundation work has been completed for the six-story, 37-unit mixed-use building under development at 23-01 41st Avenue, located on the corner of 23rd Street in the Queens Plaza section of Long Island City. The site can be seen in a photo posted by The Court Square Blog. The latest permits indicate the new building will eventually measure 42,367 square feet. The ground floor will contain 6,233 square feet of commercial space, specifically for photographic studios. The residential units above will be condominiums and should average 684 square feet apiece. An anonymous Midtown-based LLC is the developer. Angelo Ng + Anthony Ng Architects Studio is the design architect and Xiaohong Zhao’s Queens-based Ameriland Brook is the applicant of record. Completion is expected in the second half of 2017.

65,000-Square-Foot Mixed-Use Commercial Building Planned At 23-20 Jackson Avenue, Long Island City

8:00 am on September 26, 2016 By Reid Wilson

The Vorea Group has signed a 99-year ground-lease, worth roughly $350 million, for the 10,000-square-foot development site at 23-20 Jackson Avenue, located on the corner of Pearson Street in the Court Square section of Long Island City. The developer plans to build a mixed-use commercial building measuring between 50,000 square feet and 65,000 square feet, according to the Wall Street Journal. The lower floors will contain 30,000 square feet of retail space while the upper floors will feature offices. The site, currently occupied by a single-story commercial building, can accommodate up to 50,000 square feet of leasable commercial square-footage. Neither demolition permits nor new building applications have been filed. Real Estate Weekly reported on the details of the lease.

Reveal for Seven-Story, 160,000-Square-Foot Commercial Project Planned at 40-31 82nd Street, Elmhurst

1:00 pm on September 23, 2016 By Reid Wilson

Sun Equity Partners and the Heskel Group have closed on the $27 million purchase of the 23,439-square-foot site at 40-31 82nd Street, located along Ithaca Street and Baxter Avenue in northern Elmhurst. The duo plan to build a seven-story, 160,000-square-foot mixed-use commercial building, The Real Deal reported. Dubbed The Shoppes At 82nd Street, it will feature 45,000 square feet of retail space on the ground and cellar levels, followed by 100,000 square feet of community facility space on the floors above. No new building applications have been filed at this time. An old, vacant movie theater, in addition to multiple single- and two-story commercial structures, must first be demolished. The 82nd Street-Jackson Heights stop on the 7 train is a few steps away.

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