Commercial

46-74 Gansevoort Street

Eight-Story Commercial Redevelopment Planned At 46-74 Gansevoort Street, Meatpacking District

William Gottlieb Real Estate and Aurora Capital Associates are planning to redevelop the low-rise market buildings spanning 46-74 Gansevoort Street, in the Meatpacking District, according to The Villager. Plans, filed this past June, call for an eight-story building at 70-74 Gansevoort, and expansions to three and four stories to existing two-story buildings at 60-68 Gansevoort.

Demolition of the structures at Nos. 50 and 70-74 is the first step, and any alteration or removal will have to be approved by the LPC. The properties are zoned for hotels, offices, retail and light manufacturing, and roughly 111,000 square feet of space is proposed. BKSK is the architect of record.


260 11th Avenue

Seven-Story Otis Elevator Building Slated For Office Conversion, 260 11th Avenue

Vornado Realty Trust has purchased the seven-story Otis Elevator Building at 260 11th Avenue, in West Chelsea, for roughly $80 million in stock units, according to Bloomberg Business, and is leasing the land under the building for 99 years. Vornado is planning to convert the building into office space; an expansion is also possible as the building has available development rights.


31-07 20th Avenue

Four-Story Storage Facility Planned At 31-07 20th Avenue, Ditmars Steinway

Operating under an LLC, Madison Development has filed applications for a four-story, 175,000 square-foot storage building at the vacant lot of 31-07 20th Avenue, near the Con Edison generating station in northern Astoria’s Ditmars Steinway. It’s unknown if the building will be used for Con Ed’s operations, but the facility would be very convenient. Long Island-based Frank Relf is the architect of record.


112 Bowery

Four-Story Property At 112 Bowery Getting Full Commercial Conversion, Chinatown

An anonymous LLC’s four-story townhouse at 112 Bowery, in Chinatown, is now receiving a small expansion to 7,300 square feet, according to Bowery Boogie. The building is being converted into an entirely commercial property, with retail space on the ground floor and office/storage space on the upper levels. Zhu Heng Zheng’s Interamericana Engineering is the applicant of record, and completion is likely by 2016.


Triangle Plaza Hub

Commercial Project At 459 East 149th Street To Open This Fall, South Bronx

Last year, YIMBY revealed the two-story, 88,000 square-foot Triangle Plaza Hub planned at 459 East 149th Street, in South Bronx. Now the commercial and community building is close to being fully leased, according to the Daily News. The building is expected to open this upcoming fall, and tenants include Brightpoint Health, DaVita Dialysis Center, Vistasite Eye Care, Fine Fare Supermarket, Metropolitan College of New York and Boston Market. Triangle Equities is developing, and S9 Architecture is designing.


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