The squat single-story building at the corner of 10th Street and Fourth Avenue in the Village has sat vacant for nearly seven years, after a bodega closed to make way for a hotel that never materialized. The wedge-shaped plot hit the market three years ago for $24,000,000, and it looks like a new building will finally rise there. New building applications were filed over the weekend for a 10-story, eight-unit building on the site.
Construction has wrapped up at 331 East Houston Street, on the Lower East Side, where Halpern Real Estate Ventures has built a 13-story, 78-unit residential building, per EV Grieve. The building measures 57,560 square feet, which means units average 740 square feet, and 16 apartments are set aside as affordable. SBJ Group designed the building, and occupancy is likely planned in the next few weeks once the remaining scaffolding is deconstructed.
Sandy Robbins, of Blackstone Builders Inc., has filed applications for a four-unit residential development spanning the lots of 101-12 – 101-16 158th Avenue, in Old Howard Beach, a block north of the Howard Beach/JFK Airport stop on the A train. Twin two-story buildings will each house two residential units, with units averaging 1,190 square feet. Ben Leonardi’s Miele Associates is the applicant of record, and demolition work commenced on the existing single-story home in June.
Last Summer, Apex Real Estate Investments acquired the three-story buildings spanning 253-255 3rd Avenue, in the Gramercy, and now the firm has purchased the buildings at 257-259 3rd Avenue for $15.7 million. According to Commercial Observer, initial plans were to build a 25-unit residential building with affordable units at Nos. 253-255, but it seems the site has been expanded. Bonus air rights are also available with the inclusionary housing bonus, but the rights will apparently be transferred elsewhere.
Brooklyn Law School has placed the 12-story, 39-unit rental building at 2 Pierrepont Street, in Brooklyn Heights, on the market with no asking price, according to the Daily News. The 40,178 square-foot property is expected…
