Commercial

46-06 57th Avenue

Two-Story, 362,000-Square-Foot Commercial Warehouse Filed At 46-06 57th Avenue, Maspeth

4:00 pm on March 16, 2016 By Reid Wilson

Charlotte, N.C.-based SunCap Property Group has filed applications for a two-story, 362,474-square-foot commercial warehouse at 46-06 57th Avenue, in the western industrialized section of Maspeth known as Haberman. The enormous building will stand 60 feet in height and will have a lobby, offices, a distribution area, and storage space on the ground floor. The second floor will contain a parking garage with 225 parking spaces. It’s not known who will operate in the warehouse, but the property owner currently operates a FedEx Ground distribution center at 29-01 Borden Avenue, in Long Island City. The new building is being designed by Long Island-based Baldassano Architecture. The 513,221-square-foot swath of land is currently vacant.

47 Prince Street

Two-Story, 4,570-Square-Foot Restaurant Complete At 47 Prince Street, NoLIta

1:00 pm on March 16, 2016 By Reid Wilson

Back March of 2014, plans for a two-story, 4,570-square-foot commercial building were revealed at 47 Prince Street, on the corner of Mulberry Street in NoLIta. Now, Bowery Boogie reports the building is complete and construction fencing around the structure has been disassembled. The 25-foot-tall building will boast 2,450 square feet of commercial space for a restaurant. In addition to the ground floor, the eventual restaurant will also operate on a mezzanine level (which reads as the building’s second story). The kitchen, as well as bathrooms and storage space, will be located in the cellar. Neil Bender, doing business as an anonymous LLC, is the developer and Richard Pierce’s Terjesen Associate Architects is the architect of record. Perviously, Gene Kaufman was the designer, although filings reveal he was replaced.

Former renderings of 98-81 Queens Boulevard - RJ Capital Holdings

Reveal For Five-Story, 100,000-Square-Foot Office Building At 98-81 Queens Boulevard, Rego Park

11:00 am on March 14, 2016 By Reid Wilson

RJ Capital Holdings is planning to develop a five-story, 100,000-square-foot multi-use commercial building at the right triangle-shaped block at 98-81 Queens Boulevard, in Rego Park, located four blocks from the 67th Avenue stop on the M/R trains. Commercial Observer has revealed a rendering of the project, which has not yet been filed with the Department of Buildings. The project will feature a mix of commercial uses, including medical office space and ground-floor retail. There will also be an underground parking garage. Multiple low-rise buildings will have to be demolished first, including the Ohr Natan Synagogue, whose lease expires in February of 2017, and commercial buildings at 98-69 and 98-83 Queens Boulevard and 66-02 99th Street. The developer acquired the assemblage in 2013 for $9 million.

Industry City

Industry City’s Proposed Rezoning Will Include Retail, Two Hotels, But No Dormitory, Greenwood

3:00 pm on March 11, 2016 By Reid Wilson

A year ago, news broke that Jamestown, Belvedere Capital, and Angelo Gordon announced plans to infuse $1 billion to renovate and redevelopment parts of the the 16-building, six-million-square-foot industrial complex, dubbed Industry City, located west of the Gowanus Expressway, in Greenwood. Crain’s now reports the developers are scrapping plans to build a 150,000-square-foot student dormitory at the 32-acre site. The complex’s proposed rezoning still includes the construction of significant retail space and two hotel buildings. Renovation work currently under way includes new windows, elevators, and interiors, and the complex is presently home to manufacturing uses and office space of a variety of sorts. The developers expect to begin the city’s Urban Land Use Review Procedure (ULURP) before 2017.

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