Hines and Welltower Inc. are planning a 15-story senior-housing facility at 139 East 56th Street, located at the corner of Lexington Avenue in Midtown East. The duo recently acquired the site, which is currently occupied by a two-story, 7,000-square-foot commercial building, for an undisclosed amount, according to Bloomberg. The planned structure would feature assisted-living units and memory car services, although the number of units plan is not currently known. The existing building will be demolished, although a TGI Fridays restaurant must first vacant the premises.
The developer and architect behind one of the most striking new developments in New York City showed off its signature feature on Wednesday. They also revealed its new name. 626 First Avenue, a product of JDS Development and SHoP Architects located at East 36th Street in what you would have to call Murray Hill, will hence forth be known as the American Copper Buildings.
ACME New York Properties Inc. has filed applications for two three-story, three-unit residential buildings at 190-24 – 190-26 Woodhull Avenue, in Hollis, located a block from the neighborhood’s Long Island Rail Road station. Each one will measure 6,392 square feet, and across both buildings, the residential units should average a spacious 1,598 square feet apiece. The apartments will span an entire floor and will probably feature family-sized configurations, featuring multiple bedrooms. Richmond Hill-based Hansa Building Engineering Services is the applicant of record. The 50-foot-wide plot is currently vacant. Its two-story predecessor was demolished back in 2012.
Manhattan-based developer Gary Vinbaytel, doing business as an anonymous LLC, has filed applications for a six-story, five-unit residential building at 245 East 53rd Street, in Midtown East. The structure will measure 12,484 square, which means the residential units should average a spacious 1,995 square feet apiece, indicative of condominiums. The first unit will span part of the cellar level and the ground and second floors, followed by a full-floor apartments on floors three through five. The sixth floor and an upper penthouse level will contain the final unit. Roman Sorokko’s Little Neck, Queens-based Versatile Engineering is the applicant of record. The 25-foot-wide, 2,510-square-foot lot is vacant.
HFZ Capital is planning to convert the Belnord – a 13-story, 218-unit rental building at 225 West 86th Street, on the Upper West Side – into 213 condominium units. The developer recently filed their plans with the Attorney General’s office and expects the future condominiums to be worth a total $1.3 billion, according to The Real Deal. HFZ acquired the residential portion of the block-encompassing building – bound by West 86th and 87th streets, Broadway, and Amsterdam Avenue – for $575 million last year. The ground-floor sections contain retail space and will be left untouched. The property is an individual landmark (and is also listed on the U.S. National Register of Historic Places), which means any exterior alterations must be approved by the Landmarks Preservation Commission.