81-14 101st Avenue

Four-Story, Seven-Unit Residential Project Planned at 81-14 101st Avenue, Ozone Park

Richmond Hill-based Amar Marketing Enterprises III has filed applications has filed applications for a four-story, seven-unit residential building at 81-14 101st Avenue, in Ozone Park, located two blocks from the 80th Street stop on the A train. The structure will measure 5,012 square feet, which means its residential units should average 716 square feet apiece, indicative of rental apartments. There will be two apartments per floor on the ground through third levels, followed by a single unit on the fourth floor. Barry J. Bank’s Kew Gardens-based engineering firm is the applicant of record. The 25-foot-wide, 2,506-square-foot lot is currently occupied by a metal garage structure.

1010 Fulton Street

Seven-Story, Eight-Unit Mixed-Use Building Filed at 1010 Fulton Street, Clinton Hill

Midtown South-based Mike Shamash has filed applications for a seven-story, eight-unit mixed-use building at 1010 Fulton Street, in southern Clinton Hill, located two blocks from the Franklin Avenue stop on the C train and Franklin Avenue Shuttle. The structure will encompass 11,000 square feet, of which 1,665 square feet will be designated to ground-floor retail. Beginning on the second floor, the residential units should average 815 square feet, which means rental apartments are likely in the works. Three of the apartments will be duplexes. Long Island-based Shahriar Afshari is the applicant of record. The 20.5-foot-wide, 2,091-square-foot lot is currently vacant.

1735 York Avenue

Renovations Planned at 37-Story, 265-Unit Rental Tower at 1735 York Avenue, Upper East Side

Earlier this month, Bonjour Capital entered into contract to purchase, for roughly $140 million, the 37-story, 265-unit rental apartment tower at 1735 York Avenue, located on the corner of East 90th Street, in the Yorkville section of the Upper East Side. The future owner is planning to renovate and rebrand the residential tower, currently dubbed the Hamilton, as the Serrano. Renderings of the renovation have now been revealed by The Real Deal. It appears upgrades will be made to the lobby and the amenity areas. Existing amenities in the 280,0000square-foot building include tenant services, a fitness center, an outdoor patio, a rooftop deck, a children’s playroom, and a greenhouse. Bonjour Capital recently secured $104 million in financing for the acquisition. The tower was built in 1986 by Glenwood Management.

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