SoHo-based Tavros Capital is currently in the process of assembling a site with significant development potential on the corner of 23rd Street and 45th Avenue, in the Court Square section of Long Island City. Over the summer, the development firm purchased the townhouses at 45-03 23rd Street and 45-07 – 45-09 23rd Street for $11.25 million, and has since entered into contract on two additional properties, while waiting for two more. Plans include a mixed-use building with retail, office, and residential components, The Real Deal reported. The site can accommodate up to 167,000 square feet of mixed-use development as-of-right, though an additional 83,000 square feet of air rights could be acquired. Tavros expects the assemblage to cost between $30 and $35 million once complete.
Back in April, YIMBY reported that BSD Realty had refiled permits for a new building coming to 243 East 7th Street, between Avenues C and D in the East Village/Alphabet City. Now, we have the reveal for the project, which is being designed by Issac & Stern Architects.
Not far from the L train sits a quiet Williamsburg corner where something has risen above all of its neighbors. It is 190 South 1st Street. The last time YIMBY checked on the project, it was just a black and white rendering. Now, it has topped out and is actually nearing completion. We recently were invited inside, and we also have the latest renderings of the project.
Another High Line-hugging condo building is coming to West Chelsea. Related Companies has filed plans for a 10-story residential project at 501 West 18th Street, on a lot that stretches across 10th Avenue between West 18th and 19th streets.
An anonymous Brooklyn-based LLC has filed applications for a four-story, eight-unit residential building at 1108 Decatur Street, located on the corner of Evergreen Avenue in eastern Bushwick. The project will measure 6,925 square feet and its residential units should average 686 square feet apiece, indicative of rental apartments. The structure will be topped by a roof terrace. Kenneth Thomas’s Hudson Valley-based firm is the applicant of record. The 25-foot-wide, 2,500-square-foot property is currently vacant. The Chauncey Street stop on the J train is three blocks away.