Commercial

131 Lynhurst Avenue

Five-Story, 85,000 Square-Foot Self Storage Building Filed At 131 Lynhurst Avenue, Rosebank

Staten Island-based Woodmont Development Corp. has filed applications for a five-story, 85,450 square-foot self-storage building at 131 Lynhurst Avenue, in Rosebank, located on Staten Island’s northern shore. It will include 58,788 square feet of commercial space, which is the rentable storage area within the project. Flushing-based David Silberman is the applicant of record. The 29,408 square-foot lot is currently vacant.



993 Sixth Avenue

Investors Assemble Development Site At 989-993 Sixth Avenue, Midtown

Isaac Chetrit and Ray Yadidi are in contract to acquire 235,000 square feet of air rights from the five-story former bank building at 1352-1362 Broadway, between West 36th and 37th Streets in Midtown. The price the investors are paying has not yet been disclosed. On the same block, they own the vacant lot – acquired this past fall – at 993 Sixth Avenue and the adjacent 21-story, 96,000 square-foot office building at 989-991 Sixth Avenue. Their assemblage amounts to a site with roughly 375,000 square feet of development rights, according to The Real Deal.


100 Norfolk Street

12-Story, 38-Unit Condo Building Rising Again At 100 Norfolk Street, Lower East Side

This past summer, steel beam construction began on the 12-story, 38-unit condo building planned at 100 Norfolk Street, on the Lower East Side, but the project ended up stalling out for a number of months until crews recently were able to get back on site. The structure is now rising again and currently four stories up, courtesy of photos by Tectonic. The 53,949 square-foot structure includes 11,244 square feet of commercial space, which was marketed as two units. Five residential units remain for sale and completion is expected in late 2016. ODA Architecture is designing and Adam America Real Estate, Naveh Shuster Group, and Horizon Group are developing.


48-18 Van Dam Street

Commercial Conversion Planned For Two-Story Industrial Building At 48-18 Van Dam Street, Sunnyside

Teamsters Local 813 and Local 27 IBT Pension Fund have acquired the two-story, 55,000 square-foot industrial building at 48-18 Van Dam Street, in Sunnyside’s western industrial neighborhood, for $20 million, according to Commercial Observer. The new owners plan to convert the building into commercial space, featuring retail space on the ground floor and office space on the second. Environetics is designing the project. Although the building is mostly vacant, three tenants remain in the building and their leases expire in no more than three years.


Fetching more...