It looks like gears are turning on the 12-story retail and residential project slated for 86 Delancey Street, on the Lower East Side. Fresh demolition plans were filed last week for the existing two-story building where the new apartment building is slated to sit, and now YIMBY has the first look at the new structure’s design.
CW Realty Management has entered into contract to acquire, for $45 million, the development assemblage at 187-201 Kent Avenue and 48-50 North 3rd Street, located three blocks in from the East River in northern Williamsburg. The plan is for a 140,000-square-foot mixed-use building with retail space and rental apartments, The Real Deal reported. Retail will be located on the ground and cellar levels, and there will also be a parking garage. The number of units is unknown at this time. The 23,150-square-foot assemblage is currently occupied by one- and two-story warehouses, one of which is currently used as event space. Demolition permits haven’t been filed.
A 33-story, 179-unit mixed-use building has reached its peak at 520 West 30th Street. Construction officially topped off on August 18th, according to a spokesperson for the developer, Related Companies. Photos posted to the YIMBY forums by JC_Heights and Tectonic show that structure’s frame is being filled out and installation of the glassy facade appears about halfway complete.
Since it was two stories above street level in early June, the 21-story, 95-unit mixed-use building under construction at 221 West 29th Street, in northern Chelsea, has topped out, as seen in photos posted to the YIMBY Forums. The structure measures 105,337 square feet and rises 210 feet above street level, not including the bulkhead. There will be 671 square feet of retail space, big enough for a single store, followed by residential units on the second through 21st floors. The apartments will be rentals, averaging 828 square feet apiece, of which 19 (20 percent of the total) will rent at below-market rates through the affordable housing lottery. CBSK Ironstate — a team comprised of SK Development, CB Developers, and Ironstate Development — is the developer. Goldstein, Hill & West Architects is behind the architecture. Occupancy is expected in 2017.
The eight-story, 423,000-square-foot office building at 441 Ninth Avenue — located between West 34th and 35th streets in the Hudson Yards District — is slated to be renovated and vertically expanded by 150,000 square feet. Portions of the ground floor could also be converted into retail space, The Real Deal reported. The plans haven’t been filed with the Buildings Department yet. The Cove Property Group and hedge fund Baupost Group are the developers. The duo recently acquired the property for $330 million. The structure was originally built as a warehouse in 1953 and later converted into an office property in the 1980s. The existing tenant is expected to vacate the property within one year.
