Construction is now two stories above street level on the 41-story, 223-unit mixed-use building under development at 38-46 West 33rd Street, in Midtown South. The construction progress can be seen thanks to photos posted to the YIMBY Forums by user nyc1. The new building will encompass 220,724 square feet and will top out at 465-feet-tall. There will be 5,721 square feet of ground-floor retail space, followed by residential units averaging 818.6 square feet apiece, which is indicative of rental apartments. The residential amenities are listed in YIMBY’s update in January, when foundation work was underway. The Torkian Group is the developer and Stephen B. Jacobs Group is behind the architecture. Completion is expected in 2017.
RXR Realty has acquired, for $28.7 million, the leasehold of the development site at 810 Fulton Street, in southern Fort Greene, from GFI Development, Crain’s reported. The previous developer’s plans for a 12-story, 363-unit mixed-use building, filed back in 2014, are what the new developer intends to construct. The city has approved an air rights transfer that will allow the project to grow from seven stories (as-of-right) to 12. The Buildings Department is still in the process of giving those plans the green light, according to the latest filings. The most recent permits indicate the structure will measure 328,047 square feet. Of that, 32,358 square feet will be ground-floor retail, followed by rental apartments on the floors above. The units should average 815 square feet apiece and 20 percent (73 units) will rent at below-market rates. GFI technically worked on the a part of the project’s foundation before the 421-a expired, which means RXR can still benefit from the tax break. Aufgang Architects is behind the design. Construction will resume in the fall, with completion expected by 2019.
An overhead rendering has been revealed of the planned two-building, four-story (plus penthouse) office complex, dubbed Red Hoek Point and located at 270 Richards Street, the former site of the Revere Sugar Refinery in Red Hook. The rendering, published by Curbed NY, shows off the project’s outdoor spaces, which will include a central plaza, waterfront esplanade, and landscaped rooftop terraces. YIMBY reported on the project’s new building applications in June. The filings described an office complex encompassing 1,135,610 square feet, of which 645,103 square feet will be commercial space for offices and retail. Thor Equities, the developer, is planning a 1,112-car parking garage in the cellar, although a variance must first be obtained to build it. Ground-floor retail and restaurant space will measure 23,000 square feet. Sir Norman Foster’s London-based Foster + Partners is the design architect, while Adamson Associates Architects is serving as the executive architect. Groundbreaking is expected this fall.
The Blumenfeld Development Group has purchased, for $31.2 million, the two-story, 56,916-square-foot mixed-use commercial building at 99-01 Queens Boulevard, in Rego Park, from Vornado Realty. The new owner plans to convert the property’s vacant portions into a medical facility for Mount Sinai Hospital, according to Real Estate Weekly. The hospital has already signed a lease with Blumenfeld. The property currently features retail space on the ground and cellar levels, followed by commercial-office space on the second floor. Existing tenants, which will remain in the building, include Bank of America, New York Sports Club, and DeVry College of New York. Completion of the conversion is expected in early 2017.
A string of mid-rise developments is transforming a long-neglected stretch of Queens Boulevard at the border of Elmhurst, Woodside, and Maspeth. One of the dozen-odd projects rising there is the apartment building at 70-09 45th Avenue, where excavation is currently underway. The seven-story structure will stand on a roughly 7,850-square-foot, mid-block lot, facing the irregular intersection where 45th Avenue meets Queens Boulevard at an acute angle. Permits place the height of the future building at 73 feet. Its 30 residences will be spread across 24,299 square feet, giving an average of 810 square feet per unit. The ground floor will feature 5,12 square feet of retail. The project is being developed by Choi Yui Chan, designed by Angelo Ng & Anthony Ng of Architects Studio PC, and built by First Class Management Contracting Corp.