Residential



509 West 38th Street

30-Story, 225-Unit Mixed-Use Building Rises Into the Sky at 509 West 38th Street, Hudson Yards District

Back in February of 2015, YIMBY revealed updated renderings of the 30-story, 225-unit mixed-use building under development at 509 West 38th Street, in the Hudson Yards District, located four blocks north of the 34th Street-Hudson Yards stop on the 7 train. Construction kicked off last fall and the structure has since risen to roughly the 22nd floor, as seen in photos by Tectonic. The latest building permits indicate the tower will measure 243,689 square feet. It will include 13,739 square feet of retail space across the ground and second floors, and 29,180 square feet of community space for a non-profit on the ground through fifth floors. The units, which will be rental apartments, should average 786 square feet apiece, of which 46 will rent at below-market rates. Amenities listed on the Schedule A include laundry facilities, bike storage space, and a fitness center. Imperial Companies is the developer, while BKSK Architects is behind the design. Completion is expected in early 2017.


500 Summit Avenue, rendering via HAP

Developer Acquires Site of Planned 42-Story, 800-Unit Mixed-Use Tower at 500 Summit Avenue, Jersey City

Back in August and December of 2014, YIMBY revealed two different conceptual designs for a planned mixed-use development at 500 Summit Avenue, in the Journal Square section of Jersey City. HAP Investments has recently closed on the acquisition of the site for $26.6 million, despite false reports that the developer purchased the property in 2014, Commercial Observer reported. It was also revealed that CetraRuddy will be responsible for the design, the same firm that produced the conceptual renderings YIMBY released in 2014. Planned is a 42-story, 800-unit tower with 30,000 square feet of retail space. The entire building will encompass 916,955 square feet, and the residential units, which will be rentals, should average 981 square feet apiece. There will be a 100-car parking garage. The 80,000-square-foot site consists of a parking lot and two dilapidated, two-story residential buildings.


107-17 34th Avenue

Three-Story, Three-Unit Residential Building Coming To 107-17 34th Avenue, North Corona

Property owner David Manesh has filed applications for a three-story, three-unit residential building at 107-17 34th Avenue, in North Corona, located eight blocks from the 103rd Street-Corona Plaza stop on the 7 train. The structure will measure 3,060 square feet, and its full-floor residential units should average 1,020 square feet apiece, indicative of family-sized configurations. Tanvir A. Siddique’s Melville, N.Y.-based Shahrish Consulting is the applicant of record. The 25-foot-wide, 2,500-square-foot lot, on the corner of 108th Street, is currently vacant.


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