BFC Partners is in contract to purchase the 53,922-square-foot vacant lot at 475 Bay Street, in Stapleton, for $4 million, Commercial Observer reported. That’s on Staten Island’s North Shore. As YIMBY reported in 2014, the developer is planning to build an eight-story, 214-unit mixed-use building at the site. Buildings applications call for a project of 183,000 square feet, where 12,500 square feet would be for ground-floor retail space. The apartments, averaging 750 square feet apiece, would be rentals ranging from studios to three-bedrooms. Many of the them would also rent at below-market rates. An exact figure wasn’t given for how many, but BFC would be required to designate 25 percent of the units to affordable housing. The site is located on the southern end of a potentially rezoned 14-block corridor of Bay Street. In fact, the project relies on the rezoning to move forward. Pending the rezoning, BFC hopes to break ground in 2017. Edelman Sultan Knox Wood Architects is the architect of record. The neighborhood’s Staten Island Railway station is three blocks to the south.
Queens Village-based Atari Realty has filed applications for a six-story, 10-unit mixed-use building at 1448 Fulton Street, in southern Bedford-Stuyvesant. The structure will measure 9,663 square feet. It will include 1,633 square feet of ground-floor retail space, followed by two units per floor on the second through sixth floors. They should average 640 square feet apiece, which means rental apartments are surely in the works. Amenities include an “indoor recreational room” and storage for bikes in the cellar. Gerald J. Caliendo’s Briarwood-based architectural firm is the architect of record. The 20-foot-wide, 2,000-square-foot lot is currently occupied by a single-story garage. Demolition permits haven’t been filed. The Kingston-Throops Avenues stop on the C train is located on the same block.
The 14-story, 100-unit mixed-use building under development at 175 Delancey Street, on the Lower East Side, is now eight stories above street level, which is a seven-story increase since April. A photo of the construction progress can be seen via the YIMBY Forums by Tectonic. The latest building permits indicate the structure will measure 177,950 square feet. The project’s four-story base will host a 55,000-square-foot medical facility run by NYU Langone Medical Center, 6,060 square feet of retail on the ground floor, a 24,000-square-foot educational facility, a 13,000-square-foot senior center fit with a coffee shop, and a 4,000-square-foot garden terrace. There will be 100 affordable senior housing units on the 10 floors above. Amenities include laundry facilities and storage for 57 bikes. Delancey Street Associates, comprised of L+M Development Partners, Taconic Investment Partners, and BFC Partners, is the developer. Dattner Architects is designing. The building is Site 6 of the Essex Crossing mega-development, and completion of this component is expected in 2017.
Woodside-based property owner Jakey Patwari, head of New Haven Co. of NY Inc., has filed applications for a six-story, seven-unit mixed-use building at 1358 Odell Street, in the East Bronx’s Parkchester section. The structure will encompass 13,475 square feet. It will feature 2,229 square feet of commercial space and 2,191 square feet of community space across the cellar through second floors (likely for retail and medical offices), followed by seven residential units across the third through sixth floors. The units should average 807 square feet apiece, indicative of rental apartments. Ling Li’s Flushing-based architectural firm is the architect of record. The 25-foot-wide, 2,575-square-foot property is currently vacant. It’s located two blocks from the Castle Hill Avenue stop on the 6 train.
Central Harlem is soon going to have one fewer vacant lot. Developer Rafael Santandreu hopes to build a nine-story, mixed-use building at the corner of 135th Street and St. Nicholas Avenue, next to the 135th Street stop on the B and C trains.