Residential


125 Greenwich Street

Foundation Complete for 88-Story, 273-Unit Mixed-Use Tower at 125 Greenwich Street, Financial District

Foundation work is now complete at 125 Greenwich Street, in the Financial District, the site of a planned 88-story, 273-unit mixed-use tower being developed by SHVO (headed by Michael Shvo), New Valley, and Bizzi & Partners Development. The concrete pit is now ready to make way for the tower portion, as seen in a photo by ILNY that was posted to the YIMBY Forums. The exact dimensions of building are not known, as the permits at the Buildings Department have yet to be amended, but we know it will rise 898 feet above street level (per Curbed NY) and will encompass roughly 450,000 square feet. There will be 20,000 square feet of retail space in its base and 16,000 square feet of residential amenities, including multiple terraces throughout the tower. The residential units will also be condominiums, ranging from studios to a triplex penthouse. Rafael Viñoly Architects is behind the design. Earlier this year, the developers were in the process of securing financing through various sources. Completion is expected in 2018.


123 Melrose Street

Reveal for 900-Unit Mixed-Use Rheingold Brewery Redevelopment at 123 Melrose Street and 54 Noll Street, Bushwick

Renderings have finally been revealed for All Year Management’s mixed-use development at 123 Melrose Street and 54 Noll Street, in western Bushwick, the site of the former Rheingold Brewery complex. The multi-block project, bound by Melrose and Stanwix streets and Evergreen and Flushing avenues, will feature 800 to 900 rental apartments and tens of thousands of square feet of retail space, according to Curbed NY. It’s being dubbed Bushwick II and will encompass around one million square feet. Roughly 20 percent of the apartments will rent a below-market rates through the affordable housing lottery. The developer acquired the plot for a combined $140.7 million over the past year. ODA New York is responsible for the design. New building permits have yet to reflect the latest plans. Two sprawling, single-story warehouse structures will have to be demolished.


633 Mead Street

Three-Story, Two-Duplex-Unit Townhouse Planned at 633 Mead Street, Van Nest

Property owner Imran Iqbal has filed applications for a three-story, two-unit residential building at 633 Mead Street, located in the Van Nest section of the East Bronx. The structure will measure 3,489 square feet and the apartments should average 1,333.5 square feet apiece, indicative of family-sized configurations. They will be duplexes, with one unit located on the ground floor and part of the second, while the second will take up the rest of the second floor and the entire third. Amenities include two off-street parking spots and storage space in the cellar. Kenneth A. Koon’s Bronx-based architectural firm is the architect of record. The 25-foot-wide, 2,500-square-foot plot is vacant. The East 180th Street stop on the 2 and 5 trains is located eight blocks away.


164-39 75th Road

Two Two-Story, Two-Family Houses Coming to 164-39 75th Road, Hillcrest, Queens

TNE Building has filed applications for two two-story, two-family houses at 164-39 – 164-43 75th Road, in Hillcrest, located in Queens between the commercial centers of Flushing and Jamaica. The buildings will measure 2,970 square feet and 2,947 square feet each. Across both, the full-floor apartments should average 986 square feet apiece. Each structure will also come with two off-street parking spots, one of which will be located in a single-story garage. Pirooz Soltanizadeh’s Jamaica-based Royal Engineering is the architect of record. Jacob Ashkenazie is the property owner. The 60-foot-wide site is currently occupied by a one-and-a-half-story house. Demolition permits were filed in March.


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