Retail

New Rendering Revealed Of Neptune/Sixth’s Single-Story Retail Building Planned At 532 Neptune Avenue, Coney Island

2:00 pm on September 29, 2016 By Reid Wilson

An updated rendering has been revealed for the phase two retail portion of Neptune/Sixth, a multi-building, mixed-use development located at 532 Neptune Avenue and 626 Sheepshead Bay Road, in Coney Island. The first phase, now under construction, consists of a seven-story, 161,000-square-foot mixed-use commercial building. The second phase of the project will be a single-story, 90,000-square-foot retail building. CVS Pharmacy recently signed a lease for 11,300 square feet in the building and construction is set to begin later this fall.

Reveal For 14-Story, 50-Unit Mixed-Use Building Planned At 644 East 14th Street, East Village

11:00 am on September 29, 2016 By Reid Wilson

A rendering has been revealed of the 14-story, 50-unit mixed-use building planned at 644 East 14th Street, located on the corner of Avenue C in the East Village. The building will encompass 76,259 square feet and rise 162 feet above street level, Real Estate Weekly reported. There will be 8,064 square feet of retail and 21,575 square feet of community facility space located within the tower’s three-story base. The residential units above should average 677 square feet, which indicates rental apartments. The developer is Opal Holdings, which acquired the site for $23 million over the summer. Karl Fischer’s SoHo-based architecture firm is behind the design. After YIMBY reported on the project’s initial filings when they were submitted in 2014, the site’s former single-story warehouse was demolished in late 2015.

35-Story, 67-Unit Mixed-Use Tower Rises Above Street Level At 200 East 59th Street, in Midtown East

8:00 am on September 29, 2016 By Reid Wilson

Construction is now three stories above street level on the 35-story, 67-unit mixed-use tower under development at 200 East 59th Street, located on the corner of Third Avenue in Midtown East. The structure can be seen beginning to make its ascent skyward thanks to a photo posted to the YIMBY Forums. The 490-foot-tall tower will eventually encompass 109,581 square feet. Retail space, measuring 14,861 square feet, will span the cellar through second floors. The residential units, which will be condominiums, will be located on the third through 35th floors and average 1,490 square feet apiece. Macklowe Properties is the developer and CetraRuddy is behind the design. Completion is expected in late 2017.

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.

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