Residential

Office-to-Luxury Hotel-Residential Conversion Planned at Crown Building in Midtown

10:00 am on June 2, 2016 By Reid Wilson

In early 2015, Wharton Properties and General Growth Properties (GGP) acquired, for $1.75 billion, the Crown Building – a 25-story, 385,600-square-foot multi-use commercial building – at 730 Fifth Avenue, located on the corner of West 57th Street in Midtown. Now, it’s been disclosed that developer Michael Shvo and Russian investor Vladislav Doronin are planning to acquire a large portion of the building for a mixed-use conversion project, the New York Post reported. The duo want to convert the upper floors of the current office building into an Aman hotel and 23 ultra-luxury condominium units. Wharton and GGP recently bought out the last remaining office tenant. The current owners plan to lease the remainder of the property that isn’t sold to Doronin and Shvo as retail. The retail space is currently being newly renovated and is expected to take up at least the first four above grade levels. Late last year, it was reported that Bulgari signed a 15-year lease on the ground floor.

Port Authority Reveals a Rendering, But Not a Developer, for Apartments Next to Lincoln Tunnel

8:00 am on June 2, 2016 By Rebecca Baird-Remba

The Port Authority has been struggling for years to develop two awkward lots next to the Lincoln Tunnel approach on the far West Side. The agency filed plans for a nine-story building at 431 West 33rd Street last fall, and now they’ve posted a rendering on the fence at the site between Ninth and 10th avenues.

Façade Work Wrapping Up at 261 Hudson Street, Hudson Square

7:30 am on June 2, 2016 By Evan Bindelglass

It’s been nearly a year since we checked in on Related’s rental development at 261 Hudson Street, and a lot has happened since then. Thanks to photos from our friend Tectonic, we can see that façade work on the 12-story project is nearly complete.

Exterior Work Nears Completion on 14-Story Supportive Housing Building at 257 West 29th Street, Chelsea

6:30 am on June 2, 2016 By Vitali Ogorodnikov

Construction of the 14-story supportive housing building at 257 West 29th Street in Chelsea is in its final stretch. Cladding is in progress underneath the black netting that shrouds the building. The 143-foot-high, 37-unit building is developed by Arker Companies. Aufgang Architects are responsible for architectural design and construction administration. Chateau GC LLC serves as the general contractor.

Six Four-Story, Three-Unit Townhouses Coming to 113-123 Clifton Place, Bedford-Stuyvesant

4:00 pm on June 1, 2016 By Reid Wilson

Brooklyn-based CS Real Estate Group has filed applications for three four-story, six-unit residential buildings at 113-123 Clifton Place, in western Bedford-Stuyvesant, located around the block from the Classon Avenue stop on the G train. The development will likely read like townhouses, as each building will actually be split into two 20-foot-wide sections, with three units in each “townhouse.” All of the townhouse sections will have similar configurations, with one unit located on the ground and cellar levels, another unit located on the second floor and part of the third floor, and the final unit hosted on the rest of the third floor and the entire fourth floor. The residential space varies between each building, but an average unit across the whole development should cover 1,027 square feet, indicative of condominiums. Karl Fischer is the architect of record. The 120-foot-wide lot is currently occupied by a two-story commercial building and a low-slung warehouse. Permits were field last year to demolish the structures.

20-Story, 74-Unit Mixed-Use Project at 591 Third Avenue in Murray Hill Could Be Condos

3:00 pm on June 1, 2016 By Reid Wilson

Back in March of 2015, CB Developers, SK Development, and Ironstate Development acquired, for $25.2 million, the three five-story tenement buildings at 587-591 Third Avenue, located between East 38th and 39th streets in Murray Hill. Around that time, the developers filed applications for a 20-story, 74-unit mixed-use building at the site. Now, the team has submitted preliminary applications (called CPS-1 documents, which are associated with marketing) with the state Attorney General’s office for a condominium project, according to The Real Deal. Filings with the Buildings Department describe a 96,166-square-foot building in the works. It will have 4,231 square feet of retail space on the ground and cellar levels, and its residential units should average 972 square feet apiece. Edgar L. Rawlings’ Lower East Side-based Rawlings Architects is the architect of record. Demolition permits were filed for the existing tenements back in 2014.

11-Story, 44-Unit Mixed-Use Condo Project Rises to Fifth Floor at 613 Baltic Street, Park Slope

2:00 pm on June 1, 2016 By Reid Wilson

Back in December of 2015, updated renderings were revealed of the 11-story, 44-unit mixed-use building under development at 613 Baltic Street, in northern Park Slope, located six blocks south of the Atlantic Avenue-Barclays Center stop on the D/N/R trains. Now, construction is underway on the fifth floor of the structure, as seen in a photo by our friend Tectonic. The structure, dubbed the Baltic, will encompass 83,154 square feet, and will include 3,157 and 2,163 square feet of retail and community facility space, respectively, on the ground floor. The residential units will be condominiums, averaging 1,339 square feet apiece, and two- and three-bedroom apartments are currently on the market. Amenities include a fitness center, landscaped gardens and terraces, a roof deck featuring lounges, grills, and dining areas, a movie theater, storage for 22 bikes, and a 10-car garage in the cellar. JDS Development Group is the developer and VOA Architecture is behind the design. Completion is expected in 2017.

Seven-Story, 31-Unit Condominium Building Tops Out at 610 Warren Street, Boerum Hill

1:00 pm on June 1, 2016 By Reid Wilson

In March, updated renderings were revealed of the seven-story, 31-unit residential building under development at 610 Warren Street, in Boerum Hill, located six blocks south of the Atlantic Avenue-Barclays Center stop on the D/N/R trains. Now, the building is topped-out and likely getting prepared to receive its façade, as seen in a photo by Tectonic. The project, dubbed Six Ten Warren, will measure 47,050 square feet in its entirety, and its residential units should average 1,150 square feet apiece. The apartments will be condominiums ranging from one- to four-bedrooms. Amenities include a rooftop terrace, a fitness center, a children’s playroom, private residential storage, lounges, storage for 16 bikes, and a 16-car garage. Issac & Stern Architects is behind the architecture, while Paris Forino Design is designing the interiors. Adam America Real Estate is the developer. Completion is expected in the spring 0f 2017.

28-Story Hotel-Residential-Retail Project Rises to 14th Floor at 577 Ninth Avenue, Hell’s Kitchen

11:00 am on June 1, 2016 By Reid Wilson

Back in June of 2014, YIMBY revealed renderings of the planned 28-story mixed-use building at 577 Ninth Avenue (a.k.a. 400 West 42nd Street), located between West 41st and 42nd streets, on the southern end of Hell’s Kitchen. Construction has since kicked off at the site and the building is now 14 stories above street level, as seen in a photos posted to the YIMBY Forums. New details on the project have also been disclosed by The Real Deal. Once complete, the 218,872-square-foot building, dubbed Pod Times Square, will feature a 665-key hotel, 48 residential units, and 25,000 square feet of retail space across the cellar through second floors. The building will be operated by BD Hotels under the Pod Hotels brand. The apartments will be rented fully furnished by the hotel as Pod Pads. The one- and two-bedroom apartments will be located on the 23rd through 27th floors and will measure between 400 and 800 square feet apiece. Guest amenities include storage for 52 bikes, a lounge, private storage rooms, a fitness center, laundry facilities, and an indoor/outdoor recreational area on the 28th floor. Friedman Group and Landis Group are the developers, while SLCE Architects is the architect of record. Completion is expected in 2017.

Two Six-Story, Nine-Unit Mixed-Use Buildings Filed at 30-85 31st Street, Astoria

10:00 am on June 1, 2016 By Reid Wilson

The Vass Stevens Group has filed applications for two six-story, nine-unit mixed-use buildings at 30-85 – 30-87 31st Street, in central Astoria, located two blocks from the Broadway stop on the N/Q trains. Each will measure 10,249 square feet and will contain 765- and 833-square-foot retail and medical office components, respectively, on the ground and cellar levels. The residential units, located across the second through sixth floors, should average 707 square feet apiece, indicative of rental apartments. The structures will be topped by an outdoor terrace on the roof. Queens-based Gerald J. Caliendo is the architect of record. The 50-foot-wide lot is currently occupied by a two-and-a-half-story, wood-framed house. Demolition permits were filed in December.

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Residential

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