The Jackson Group recently sold 2970 Third Avenue, a 25,000-square-foot retail property in the South Bronx, to 5 Boro Real Estate Partners for $8.75 million. The new owners intend to redevelop the property into a 100,000-square-foot mixed-use building.
Construction has topped out on Parcel F, a 57-story 559-foot tall skyscraper in the Gotham Point development in Hunters Point South, Queens. Designed by Handel Architects and developed by Gotham Organization, RiseBoro Community Partnership, Goldman Sachs Urban Investment Group, and the Department of Housing Preservation and Development (HPD), the reinforced concrete structure will yield 689 units alongside a 1,100-seat Intermediate High School built by the School Construction Authority, and Parcel G, its 33-story, 336-foot tall, 443-unit sibling. Gotham Point is located at the confluence of the East River and Newtown Creek, bound by Center Boulevard to the north, 56th Avenue to the east, and 57th Avenue to the west. Handel Architects is also the interior designer while BHDM did the interior for the model apartment only.
UliPath, a global automation software company, is the latest tenant to set up shop at One Vanderbilt, one of the most coveted commercial office towers in Midtown, Manhattan. SL Green Realty, Manhattan’s largest office landlord, closed on the 15-year full-floor lease at the end of September.
Permits have been filed for a 22-story residential building at 300 East 83rd Street on the Upper East Side of Manhattan. Located at the intersection of East 83rd Street and Second Avenue, the corner lot is three blocks south of the 86th Street subway station, serviced by the Q train. Erik Lalezarian of E83 Properties LLC is listed as the owner behind the applications.
Construction has topped out on 139 Bowery, a 14-story mixed-use building in the Bowery section of Manhattan’s Lower East Side. Designed by Raymond Chan Architects and developed by Global Joint Venture, the structure will yield 16 residential units, ground-floor retail space, a 550-square-foot medical facility, and commercial office space spanning floors two through five. Mandarin Enterprises is the general contractor for the building, which is located between Broome and Grand Streets.
