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.
A piece of old New York is set to be replaced by something new. On Tuesday, the Landmarks Preservation Commission approved a proposal to demolish the three-story structure at 25 Bleecker Street and replace it with a six-story (plus penthouse) mixed-use building with three residential units.
On Tuesday, the Landmarks Preservation Commission approved a proposal to convert a piece of the Greenpoint Savings Bank site at 807 Manhattan Avenue to residential use. The site is also bound by Cayler Street and Lorimer Street and sits in the Greenpoint Historic District.
Richard Napolitano, doing business as an anonymous Brooklyn-based LLC, has filed applications for two three-story, three-family residential buildings at 206-210 Bay 29th Street, in Bath Beach, located four blocks from the Bay Parkway stop on the D train. Each structure will measure 4,004 square feet, and the development’s full-floor units should average 1,001 square feet apiece, indicative of condominiums. There will also be a total of four off-street parking spaces. Douglas Pulaski’s Brooklyn-based Bricolage Designs is the architect of record. The 60-foot-wide lot is currently occupied by a two-story, wood-framed house. Demolition permits were filed in January.
Jacob Scherman, doing business as an anonymous Brooklyn-based LLC, has filed applications for a four-story, 10-unit residential building at 267 Evergreen Avenue, in central Bushwick, located three blocks from the Kosciuszko Street stop on the J train. The structure will measure 9,990 square feet, and its residential units should average 917 square feet apiece, which means family-sized rental apartments are probably in the works. The project will be topped by a penthouse (with access from one of the units on the fourth floor) and a rooftop recreational area. Amenities also include two off-street parking spaces. Woody Chen’s Flushing-based Infocus Design & Engineering is the applicant of record. A dilapidating two-story wood-framed structure must first be demolished.