Retail

23-Story, 120-Unit Mixed-Use Building Close To Topping Out At 56 Fulton Street, Financial District

2:00 pm on September 28, 2016 By Reid Wilson

The 23-story, 120-unit mixed-use building under development at 56 Fulton Street, in the Financial District, is now a floor away from topping out. The structure can be seen in a photo posted to the YIMBY Forums. The project will eventually encompass 128,540 square feet. It will feature 5,865 square feet of ground-floor retail space, followed by 120 rental apartments. The units will range from studios to two-bedrooms, twenty percent (24 units) of which will rent through the affordable housing lottery. The Parkland Group and Socius Development Group are developing. Goldstein, Hill, & West Architects are behind the architecture. Completion is expected next year.

Renderings Revealed Of Pennsylvania Station-Farley Complex Transportation Project

7:30 am on September 28, 2016 By Reid Wilson

Earlier this year, Gov. Andrew Cuomo released a request for proposals (RFP) to upgrade, modernize, and expand Pennsylvania Station, located at Eighth Avenue and West 33rd Street under Madison Square Garden. The project will also incorporate the landmarked James A. Farley Post Office Building into the transportation complex. Now, renderings of the project have been revealed, per The New York Times, along with a timeline.

Four-Story, 32,000-Square-Foot Retail Building Filed At 12 West 48th Street, Midtown

6:30 am on September 28, 2016 By Reid Wilson

DNA Development has filed applications for a four-story, 32,349-square-foot commercial-retail building at 12 West 48th Street, in Midtown. The ground through fourth floors will exclusively contain retail space. The structure will rise 66 feet above street level, which means the ceilings should average 16.5 feet in height. West Village-based Ennead Architects is the architect of record. The amount of commercial space planned clocks in at 23,345 square feet, which is significantly less than the maximum commercial square-footage that could be built, 75,310 square feet. The 7,531-square-foot lot is currently occupied by a parking garage. Permits were filed to demolish it over the summer, as YIMBY previously reported. Completion is expected in early 2018.

Legally Graffitied Building Awaiting Demolition Painted Over By City At 86 Delancey Street, Lower East Side

4:00 pm on September 27, 2016 By Reid Wilson

Renderings were recently revealed of the 12-story, 24-unit mixed-use building planned at 86 Delancey Street, located on the corner of Orchard Street on the Lower East Side. Now, municipal workers have painted over the elaborate and legal graffiti art installed on the existing two-story commercial building, Mass Appeal reported. The currently property owner, developer David Escava, never gave the city his personal permission to paint over the building, but the previous owner did (10 years ago). The structure received demolition permits September 1. The site’s next occupant is expected to measure 29,437 square feet and will feature retail space and residential units. SWA Architecture is designing, although a completion date has not been announced.

Piling Work Underway For Two-Towered, 310-Unit Mixed-Use Project At 76 Eleventh Avenue, Chelsea

8:00 am on September 27, 2016 By Reid Wilson

Piling work is now underway on the two-towered, 310-unit mixed-use complex under development at 76 Eleventh Avenue, located between West 17th and 18th streets in southern Chelsea. The site can be seen thanks to a photo posted to the YIMBY Forums. The project will consists of 25- and 35-story towers, rising 302 and 402 feet above street level, respectively. A common four-story base will feature 181,893 square feet of commercial space. It will include retail and office space, in addition to the residential amenities. The residential units, located in the towers, will be condominiums, averaging 2,258 square feet apiece. HFZ Capital Group is the developer. Bjarke Ingels Group is the design architect and Woods Bagot is the executive architect. Completion is expected in 2019.

65,000-Square-Foot Mixed-Use Commercial Building Planned At 23-20 Jackson Avenue, Long Island City

8:00 am on September 26, 2016 By Reid Wilson

The Vorea Group has signed a 99-year ground-lease, worth roughly $350 million, for the 10,000-square-foot development site at 23-20 Jackson Avenue, located on the corner of Pearson Street in the Court Square section of Long Island City. The developer plans to build a mixed-use commercial building measuring between 50,000 square feet and 65,000 square feet, according to the Wall Street Journal. The lower floors will contain 30,000 square feet of retail space while the upper floors will feature offices. The site, currently occupied by a single-story commercial building, can accommodate up to 50,000 square feet of leasable commercial square-footage. Neither demolition permits nor new building applications have been filed. Real Estate Weekly reported on the details of the lease.

Eight-Story, 190-Unit Mixed-Use Project Filed At 1880 Bathgate Avenue, Tremont

6:30 am on September 26, 2016 By Reid Wilson

Wilfred Realty Corp. has filed applications for an eight-story, 190-unit mixed-use complex at 1880 Bathgate Avenue, in the West Bronx’s Tremont section. The 173,627-square-foot project will include two eight-story components, a western one along Bathgate Avenue and an eastern one along Firefighters Boulevard. There will be 21,820 square feet of retail and 2,460 square feet of community facility space across the ground floors. The residential units above should average 786 square feet apiece, indicative of (likely below-market-rate) rental units. SLCE Architects is the architect of record. The 36,101-square-foot assemblage consists of multiple single- and two-story warehouses. Demolition permits were filed in August. The Tremont station on Metro-North Railroad is three blocks away.

Reveal for Seven-Story, 160,000-Square-Foot Commercial Project Planned at 40-31 82nd Street, Elmhurst

1:00 pm on September 23, 2016 By Reid Wilson

Sun Equity Partners and the Heskel Group have closed on the $27 million purchase of the 23,439-square-foot site at 40-31 82nd Street, located along Ithaca Street and Baxter Avenue in northern Elmhurst. The duo plan to build a seven-story, 160,000-square-foot mixed-use commercial building, The Real Deal reported. Dubbed The Shoppes At 82nd Street, it will feature 45,000 square feet of retail space on the ground and cellar levels, followed by 100,000 square feet of community facility space on the floors above. No new building applications have been filed at this time. An old, vacant movie theater, in addition to multiple single- and two-story commercial structures, must first be demolished. The 82nd Street-Jackson Heights stop on the 7 train is a few steps away.

986 Rogers Avenue, image via Google Maps

Permits Filed: 986 Rogers Avenue, Flatbush

7:00 am on September 23, 2016 By Rebecca Baird-Remba

Filings for new buildings in Flatbush seem to have slowed down over the last few months, probably thanks to confusion about the defunct-but-possibly-not 421-a tax abatement. The tax break propped up market-rate development throughout the central Brooklyn neighborhood, and without it, many builders seem to be delaying construction.

16-Story, 522-Unit Mixed-Use Building Tops Out at Domino Sugar’s 325 Kent Avenue, Williamsburg

11:00 am on September 22, 2016 By Reid Wilson

Construction has topped out on the 16-story, 522-unit mixed-use building under development at 325 Kent Avenue, located between South 3rd and 4th streets in western Williamsburg. The building’s roof stands 170 feet above street level, although the additional height from the bulkhead isn’t specified in documents. The structure measures 401,246 square feet. There will be 9,378 square feet of retail on parts of the ground and second floors. The residential units should average 712 square feet and twenty percent (105 units) will rent at below market rates through the housing lottery. The project is the first building to top out within the five-building Domino Sugar Refinery mega-development. Two Trees Management Company is the developer. SHoP Architects is the design architect and Ismael Leyva Architects is the executive architect. Completion is anticipated next year.

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