Commercial

Four-Story Mixed-Use Commercial Conversion Underway At 456 Johnson Avenue, East Williamsburg

2:00 pm on January 11, 2016 By Reid Wilson

Sequoia Development Group is currently converting the four-story, 55,000 square-foot former paper mill at 456 Johnson Avenue, in East Williamsburg, into a mixed-use commercial property. According to The Real Deal, the upper three floors will have a total of 35 office units, each measuring between 900 and 2,200 square feet apiece. Retail space is planned on the ground floor and the building is being dubbed Paper Mill. The developer is leasing the property from its owner, Maki Realty Corp. Red Hook-based ND Architecture & Design is designing the conversion.

Westchester BioScience & Technology Center

Developer Plans Three-Million Square-Foot Research & Medical Facility In Westchester County

6:00 am on January 8, 2016 By Reid Wilson

Fareri Associates is planning to develop a three-million square-foot biotechnology research complex on roughly 80 acres of undeveloped land adjacent to the Westchester Medical Center and New York Medical College, in Valhalla. Dubbed the Westchester BioScience & Technology Center, it will, once complete, include 2,252,600 square feet of research facilities, 400,000 square feet of medical offices, and a 34,000 square-foot Children’s Living Science Center. In addition, a 100,000 square-foot hotel with 100 rooms and 114,000 square feet of ground-level retail are planned. The project will be built in phases and is being designed by Torti Gallas & Partners. Of the 80 acres of land, 43.6 acres of land will be preserved as green space. The developer must first lease roughly 60 acres of land from Westchester County, according to Westfair.

530 Exterior Street, rendering by Dattner Architects

Revealed: 530 Exterior Street and 491 Gerard Avenue, Mott Haven

7:00 am on January 7, 2016 By Rebecca Baird-Remba

The South Bronx is suddenly booming with construction, and YIMBY has renderings for one of the biggest projects underway in Mott Haven, near the banks of the Harlem River. The unique multi-building development will include two affordable rental buildings and a Hampton Inn, on a block next to the Major Deegan Expressway and the 145th Street Bridge to Harlem.

Developers Plan 86-Story, 1,100-Foot-Tall Mixed-Use Tower At 45 Broad Street, Financial District

6:00 am on January 7, 2016 By Reid Wilson

Back in the fall of 2015, Madison Equities and Pizzarotti-IBC closed on the purchase of the 45 Broad Street development site in the Financial District, and now Curbed reports the pair are planning an 86-story, 245-unit residential tower. The supertall – being designed by CetraRuddy – would stretch 1,100 feet into the sky, although some details are still being finalized. In addition, five floors of commercial space are planned, and future residents will have access to amenities including, but not limited to, a swimming pool, a gym, and a lounge. New building applications are expected sometime this summer, and groundbreaking is scheduled for later this fall. A tentative completion date is slated for 2018.

Reveal For Nine-Story, 150,000 Square-Foot Office Building At 61 Ninth Avenue, Chelsea

1:00 pm on January 6, 2016 By Reid Wilson

In the first half of 2015, YIMBY reported on filings for a nine-story, mixed-use commercial building at 61 9th Avenue, on the corner of West 15th Street in Chelsea, and now Crain’s has the first rendering of the project. The entire structure will measure 153,754 square feet in total, and there will be 115,000 and 37,000 square feet of boutique office and retail space, respectively. Retail will be located on the cellar through the second floor. Rafael Viñoly is behind the design, and Vornado Realty Trust and Aurora Capital are developing. Demolition permits were filed in December to remove the existing lumber shop and billboard sign. Groundbreaking is expected in mid-2016, with completion scheduled for early 2018.

6804 Tides Road will rise in Arverne by the Sea's final phase, "The Tides".

Seven-Story, 126-Unit Residential Building Filed At 190 Beach 69th Street, Arverne

10:00 am on January 6, 2016 By Reid Wilson

Benjamin Companies and the Beechwood Organization have filed applications for a seven-story, 126-unit mixed-use building at 190 Beach 69th Street, in Arverne, Queens, located just south of the Beach 67th Street stop on the A train. The building is part of Arverne by the Sea’s multi-family phase dubbed “The Tides.” It’s the mega-project’s final phase, and roughly 2,300 townhouses have already built on the surrounding oceanfront, according to The Real Deal. This building will measure 151,760 square feet in total, and the residential space will amount to 105,442 square feet, which means units will average 837 square feet apiece. Commercial-retail space and car parking will be located in a ground-floor podium. Urbahn Architects is the applicant of record and developers expect to break ground within the coming months.

ULURP Kicks Off For Nine-Story, 480,000 Square-Foot Office Building At 25 Kent Avenue, Williamsburg

11:00 am on January 5, 2016 By Reid Wilson

In the spring of 2015, Heritage Equity Partners was preparing to file for a special permit that would allow it to build a nine-story, 480,000 square-foot office building at 25 Kent Avenue, within northern Williamsburg’s manufacturing zone. Current zoning requires half the building to be community facility space, but the permit would eliminate such mandate so the entire structure can be used for office or light manufacturing space. According to Crain’s, the Department of City Planning certified the application, which means the city’s Uniform Land Use Review Procedure (ULURP) has officially begun. The building would take up an entire city block and include a public plaza. The site’s old warehouses have already been demolished. In related news, Philadelphia-based Rubenstein Partners is purchasing an undisclosed stake in the project.

Reveal For Seven-Story Hotel and Retail Project At 71 White Street, East Williamsburg

3:00 pm on January 4, 2016 By Reid Wilson

Last spring, All Year Management filed applications for a seven-story, mixed-use commercial hub at 71 White Street, in East Williamsburg. The 79,365 square-foot project would feature a 112-key hotel, an amphitheater, retail space, and restaurants, according to Arch Daily, who also has renderings. The graffitied façade on the existing single-story warehouse will be preserved, and retail space will span the ground and second floors. In the back of the building, an open-air, second-story level will feature additional access to businesses as well as the amphitheater. The hotel will occupy the upper five floors, and will include a variety of suites and a rooftop bar. ODA Architecture is behind the design.

Developer Plans Mixed-Use Commercial Building At 101 Varick Avenue, East Williamsburg

1:00 pm on January 4, 2016 By Reid Wilson

The Rabsky Group is purchasing the single-story, 92,221 square-foot warehouse at 101 Varick Avenue, in East Williamsburg, for $48 million, with prospects to redevelop the 141,863 square-foot property into commercial space. A new office building could measure 280,000 square feet, and would include multiple tenants and ground-floor retail space, according to The Real Deal. The existing warehouse is currently being leased as warehouse, storage, and office space. The deal is expected to close in February.

Developer Acquires Leasehold For DoubleTree Suites Hotel At 1568 Broadway, Times Square

10:00 am on January 4, 2016 By Reid Wilson

Last month, the leasehold interest of the 45-story, 468-key DoubleTree Suites hotel (by Hilton New York City – Times Square) was purchased for $540 million by Indianapolis-based Maefield Development, according to The Real Deal. The mixed-use building at 1568 Broadway, between West 46th and 47th Streets in Times Square, currently contains ground-floor retail space and the Palace Theatre, which was designated an interior landmark in 1987. Last November, YIMBY brought you news of the proposed retail and lobby expansions, and the restoration (and raising) of the Palace theater for entertainment purposes. The building is set to receive a significant overhaul, which includes the hotel portion as well as the installation of a new, state-of-the-art LED screen.

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