It was way back in September of 2014 that YIMBY reported on filings for a new residential building at 38-46 West 33rd Street (a.k.a. 38 West 33rd Street), in Midtown South. Then in June of 2015, we revealed a rendering of the project. In September, the Torkian Group development got financed by a $105 million loan. Now, the project’s scope is slightly bigger and construction is underway, which we can see in a pair of photos sent to us by our friend Tectonic.
Back in November, XIN Development, the U.S. branch of Beijing-based Xinyuan Real Estate, entered into contract to purchase the development site at 615 Tenth Avenue, between West 44th and 45th Streets in Hell’s Kitchen. Now, the developer has closed on the site for $57.5 million, and a mixed-use building with up to 90 condominium units is planned, according to The Real Deal. It will include mostly one- and two-bedroom residential units, as well as 20,000 square feet of retail space. The property is currently home to a Hess Express gas station, which must first be removed.
Over the summer, foundation work began on Ekstein Development’s nine-story, 86-unit residential building at 25-19 43rd Avenue, in Long Island City’s Court Square neighborhood. Steel beams and rebar are now a floor above street level, according to The Court Square Blog. The 90,173 square-foot project will have 68,145 square feet of residential space and is being designed by GF55 Partners. Dubbed Dutch LIC, the residential units will be condominiums, ranging from studios to two-bedrooms. Completion is currently expected in January of 2017.
Gagandeep Singh, doing business as Long Island-based Pam 1 Holding Corp, has filed applications for a four-story, two-unit residential building at 653 West 187th Street, in northern Washington Heights, located four blocks from the 191st Street stop on the 1 train. The project will measure 5,334 square feet in total and will have 4,468 square feet of residential space. Each unit will be a duplex, averaging 2,234 square feet. Pirooz Soltanizadeh’s Jamaica-based Royal Engineering is the applicant of record and the 17-foot-wide lot is currently vacant.
The four-story, 24,000 square-foot commercial building at 5018-5024 4th Avenue, in Sunset Park, has been purchased by developer Congregation Imrei Yehudah for more than $7.5 million. According to the Brooklyn Daily Eagle, the new owner plans to convert the vacant building into residential units or office space. The 6,400 square-foot lot also contains 2,880 square feet of air rights, which could go towards expanding the building. It’s conveniently located three blocks north of the 53rd Street stop on the R train.