Commercial

23-Story Commercial Building Filed At 17 John Street, Financial District

6:00 am on June 2, 2015 By Reid Wilson

Prodigy Network has filed applications to convert and expand the existing 15-story, 104,500 square-foot commercial building at 17 John Street, in the Financial District, to a 23-story, 194-key extended-stay hotel; office and retail space is also planned. The expanded building will measure roughly 149,600 square feet, and Woods Bagot is designing, while Mancini Duffy is serving as the architect of record. The existing building was acquired for $85 million in 2014, according to The Real Deal.

A Co-op Considers Developing New York City $10 at a Time

7:00 pm on May 29, 2015 By Rebecca Baird-Remba

Last night, 130 people crowded into a tiny dance rehearsal room above a theater in the East Village to talk about how they could turn struggling or vacant properties into affordable spaces.

Vacant Properties In Bay Ridge Marketed As Commercial Development Site

12:15 pm on May 29, 2015 By Reid Wilson

Ariel Property Advisors are marketing the vacant lots at 9114-9116 5th Avenue and 411-413 92nd Street, on the same block in southern Bay Ridge, for $3.3 million. The properties allow for a combined 19,716 square feet of commercial development, and are linked in the center of the block, according to Brooklyn Daily Eagle.

Office Building at 250 Fifth Avenue Wants to Become a Hotel, Add a 23-Story Tower Next Door

7:30 am on May 28, 2015 By Rebecca Baird-Remba

A landmarked five-story, turn-of-the-century office building at 250 Fifth Avenue, on the corner of 28th Street in NoMad, may become a hotel and grow a 23-story tower behind it. Alteration applications were filed yesterday to expand the building to 23 stories, but the developer tells us that the single-story storefronts on 28th Street, behind the hotel, will support the new tower.

City Council Approves One Vanderbilt and Midtown East Rezoning

5:00 pm on May 27, 2015 By Rebecca Baird-Remba

With a vote of 49 to zero, the City Council unanimously approved the application for a 63-story office tower at One Vanderbilt, as well as the rezoning for a five-block stretch of Vanderbilt Avenue between 42nd and 47th Streets.

10-Story Mausoleum Could Be Coming To 1532 Madison Avenue, East Harlem

11:00 am on May 27, 2015 By Reid Wilson

United Realty has proposed a 10-story, 45,413 square-foot mausoleum at the vacant lot 1532 Madison Avenue, in southern East Harlem. The developer is looking for investors to fund the acquisition of the property, which is on the market for $15 million. The entire project would cost roughly $60 million and would include at least 2,900 crypts and 5,200 niches, according to Investment News.

Permits Filed: 10-Story Viñoly-Designed Office Building at 61 9th Avenue, Chelsea

10:59 am on May 26, 2015 By Rebecca Baird-Remba

Next to Chelsea Market and across the street from Google’s block-long office building, Vornado Realty Trust has filed plans for a 10-story office and retail project at 61 9th Avenue, on the corner of West 15th Street in Chelsea.

Two-Story Retail Building Tops Out At 252 Atlantic Avenue, Boerum Hill

3:00 pm on May 22, 2015 By Reid Wilson

According to Brownstoner, Renaissance Realty Group’s two-story, 34,480 square-foot retail building has topped out at 252-260 Atlantic Avenue, in Boerum Hill. Dubbed Atlantic Galleria, TD Bank, Blink Fitness and Michaels have already signed leases, and opening is expected later this year. SBLM Architects is designing the project.

Moinian Group Offers a Look Inside 3 Hudson Boulevard

5:30 pm on May 21, 2015 By Rebecca Baird-Remba

The Moinian Group has released a video revealing the gardens and interiors of 3 Hudson Boulevard, the 1,050-foot-tall tower headed for Eleventh Avenue between 34th and 35th Streets. The 3-D animated video offers a new daytime look at the exterior, the partially built Hudson Boulevard Park and yet-to-open 7 train extension at the base of the tower, and the stark white lobby.

Mixed-Use Development Site At 1425 Fulton Street On The Market, Bedford-Stuyvesant

2:00 pm on May 21, 2015 By Reid Wilson

Brownstoner reports the vacant 5,000 square-foot lot at 1425 Fulton Street, in south-central Bedford-Stuyvesant, is now on the market as a development site for $6 million. GFI Realty Services is marketing the property, which boasts 22,365 square feet of mixed-use building potential, or 29,820 square feet if affordable units are included. If sold at asking price, the property would go for $268 per buildable square-foot; in January, residential development in the neighborhood reached $154 per buildable square foot.

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