Retail

Bronx General Post Office. All photographs by the author

Inside the Transformation of the Bronx General Post Office, 558 Grand Concourse

Sometime next spring, the landmarked Bronx General Post Office, located in the borough’s Concourse Village neighborhood, will start a new life as retail, office space, and a restaurant. Interior demolition work is underway and we got a peak inside last week, with Brendan Murray, vice president at Hollister Construction Services, and he pointed out an incredibly creepy aspect of the building’s history.

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20 Broad Street

33-Story, 521-Unit Mixed-Use Conversion Filed for 20 Broad Street Office Tower, Financial District

In December of 2015, Nathan Berman’s MetroLoft Management purchased the leasehold on the 27-story, 473,000-square-foot office building at 20 Broad Street for $185 million from Vornado Realty Trust, with plans to convert the property into residential units. Now, the developer has filed applications for the project, which call for vertically expanding the building by six stories, or 38,098 square feet, to 33 floors. That would boost the structure’s height from 317 feet to 417 feet. There will be 521 residential units, measuring an average of 795 square feet apiece. The apartments will be rentals, and roughly 200 will be studios, with the rest ranging from one- to three-bedroom configurations.

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131 Livingston Street

City to Launch Request for Proposals at Downtown Brooklyn Mixed-Use Development Site, 131 Livingston Street

The New York City Economic Development Corporation (NYCEDC), with the Department of Education and the Department of Housing Preservation & Development (HPD), is preparing to launch a Request for Proposals (RFP) for the L-shaped development site at 131 Livingston Street (a.k.a. 409 Red Hook Lane), in Downtown Brooklyn. The property would be ground-leased to a development team for 99 years and redeveloped, according to the Brooklyn Paper. The site could accommodate a mix of residential units, office space or retail, though the city will likely require the winning team to build a 500- to 700-seat public school. The lot is currently occupied by a six-story office building that houses various city-level government agencies, and it will likely end up getting demolished.


50 Clinton Street

Seven-Story, 37-Unit Mixed-Use Project Tops Out at 50 Clinton Street, Lower East Side

Back in February, the seven-story, 37-unit mixed-use project under development at 50 Clinton Street, on the Lower East Side, was two stories above street level. Now, the structure is fully topped out, according to Bowery Boogie. It measures 43,002 square feet and will eventually feature 1,836 square feet of ground-floor retail. The condominium units – being designed by Paris Forino – should average 1,023 square feet apiece and will come in one-, two-, and three-bedroom configurations. As reported previously, amenities include bike storage space, private residential storage, a fitness center, and recreational space on the rooftop. DHA Capital is developing the project, while Issac & Stern Architects is behind the design. Completion can be expected before 2017.



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