Retail

12-Story, 155-Unit Mixed-Use Complex Proposed at 432 East 14th Street, East Village

4:00 pm on June 20, 2016 By Reid Wilson

Benenson Capital Partners and Mack Real Estate Group have proposed a 12-story, 155-rental-unit mixed-use complex at the site of the former Peter Stuyvesant Post Office, at 432 East 14th Street in the East Village. The developers have applied for a variance with the Board of Standards and Appeals in attempt to build four stories higher than zoning allows, DNAinfo reported. The latest permits with the Buildings Department reflect the proposal. If the variance is granted, 9,131 square feet of retail space would be located on the ground and cellar levels. The residential units should average 743 square feet apiece, with 31 of them to rent at below-market rates. Amenities include bike storage space, private residential storage, a fitness center, laundry facilities, and multiple other “recreational rooms.” If the variance isn’t granted, YIMBY assumes the developer will move forward with previously filed plans, which call for an eight-story, 114-unit complex. SLCE Architects is the architect of record. Earlier this year, the first rendering was revealed of the eight-story project.

Eight-Story, 36-Unit Mixed-Use Project Rises to Sixth Floor at 24-12 42nd Road, Long Island City

3:00 pm on June 20, 2016 By Reid Wilson

Ampiera Group’s eight-story, 36-unit mixed-use project under construction at 24-12 42nd Road is now six stories above street level, as seen in photos taken last Friday by JC_Heights and posted to the YIMBY Forums. The structure will eventually encompass 49,050 square feet. It will include 4,328 square feet of ground-floor retail space and will host condominium units averaging 817 square feet apiece. Amenities will include private residential storage units, bicycle storage space, outdoor space on the second floor, and a rooftop terrace. John K. Yung’s Flushing-based MY Architect is behind the design. In April, the structure was having its ground floor poured and had risen five stories in height. The structure can be expected to top out later this summer, with occupancy probably coming for sometime in late 2016 or early 2017.

12-Story Hotel-Medical-Retail Complex Now Under Construction at 36-18 Main Street, Flushing

6:30 am on June 20, 2016 By Reid Wilson

Foundation work is now underway on the site of a long-stalled-out hotel development at 36-18 Main Street, in Downtown Flushing. YIMBY can bring you news of the construction thanks to a photo posted to the YIMBY Forums by JC_Heights. Building permits for the project, which date back to 2004, detail plans for a two-tower, 12-story multi-use commercial complex that encompasses 290,195 square feet. Commercial-retail space will be located on the ground through forth floors in a common podium. One of the towers will contain a 148-key Hotel Indigo on the fifth through 11th floors. The other tower will feature medical offices on the fifth through 11th floors. The complex will also feature restaurants on the third and 12th floors. It will be served by a 345-car underground garage and have storage for 31 bikes. JWC Architect Engineer is the architect of record, while CMA Landmark Associates is developing. Completion is expected in 2018, per a Queens Courier update from 2014.

Reveal for Six-Story, Five-Unit Mixed-Use Redevelopment at 242 Elizabeth Street, NoLIta

6:00 am on June 20, 2016 By Reid Wilson

A rendering has been posted on the site of the planned six-story, five-unit mixed-use redevelopment at 242 Elizabeth Street, in NoLIta. The black-and-white rendering comes as Ervolino Group begins construction to expand the site’s existing single-story commercial building, Bowery Boogie reported. The latest buildings permits indicate the project will measure 7,667 square feet, with 1,795 square feet of commercial-retail space planned on the ground floor, which will be leased to City Gym. Each floor above will contain a single residential unit, although the top unit, a duplex penthouse, will also contain space on an upper penthouse level. The apartments should average 1,174 square feet apiece, and a Crain’s report from 2014 states that the apartments will be luxury rentals. Amenities include private residential storage units and bicycle storage. Nabil Ishac’s Midtown South-based Ishac Design Architects is the architect of record. Completion can probably be expected closer to 2017.

353 Sixth Avenue, existing and proposed front

Landmarks Approves of Residential Conversion at 353 Sixth Avenue, Greenwich Village

7:30 am on June 17, 2016 By Evan Bindelglass

A structure dating back to the Civil War will be returned to residential use. The Landmarks Preservation Commission has approved a plan for 353 Sixth Avenue (a.k.a. 353 Avenue of the Americas), one which will see the structure grow a little.

Foundation Complete for 88-Story, 273-Unit Mixed-Use Tower at 125 Greenwich Street, Financial District

6:30 am on June 17, 2016 By Reid Wilson

Foundation work is now complete at 125 Greenwich Street, in the Financial District, the site of a planned 88-story, 273-unit mixed-use tower being developed by SHVO (headed by Michael Shvo), New Valley, and Bizzi & Partners Development. The concrete pit is now ready to make way for the tower portion, as seen in a photo by ILNY that was posted to the YIMBY Forums. The exact dimensions of building are not known, as the permits at the Buildings Department have yet to be amended, but we know it will rise 898 feet above street level (per Curbed NY) and will encompass roughly 450,000 square feet. There will be 20,000 square feet of retail space in its base and 16,000 square feet of residential amenities, including multiple terraces throughout the tower. The residential units will also be condominiums, ranging from studios to a triplex penthouse. Rafael Viñoly Architects is behind the design. Earlier this year, the developers were in the process of securing financing through various sources. Completion is expected in 2018.

Reveal for 900-Unit Mixed-Use Rheingold Brewery Redevelopment at 123 Melrose Street and 54 Noll Street, Bushwick

6:00 am on June 17, 2016 By Reid Wilson

Renderings have finally been revealed for All Year Management’s mixed-use development at 123 Melrose Street and 54 Noll Street, in western Bushwick, the site of the former Rheingold Brewery complex. The multi-block project, bound by Melrose and Stanwix streets and Evergreen and Flushing avenues, will feature 800 to 900 rental apartments and tens of thousands of square feet of retail space, according to Curbed NY. It’s being dubbed Bushwick II and will encompass around one million square feet. Roughly 20 percent of the apartments will rent a below-market rates through the affordable housing lottery. The developer acquired the plot for a combined $140.7 million over the past year. ODA New York is responsible for the design. New building permits have yet to reflect the latest plans. Two sprawling, single-story warehouse structures will have to be demolished.

Renderings Surface for Central Park Tower, 217 West 57th Street

8:00 am on June 16, 2016 By Nikolai Fedak

YIMBY has chronicled the evolution of 217 West 57th Street, aka Nordstrom Tower and officially dubbed Central Park Tower, since it was clearing hurdles for the approval of its cantilever. Now that the building has begun rising, renderings from Extell have finally started leaking online, this time courtesy of EB-5 materials that surfaced on the YIMBY forums. The images show the tower is identical to renderings created in-house by YIMBY previously, and while they confirm the supertall has lost its spire, it will still become the tallest building by roof height on the continent, reaching 1,550 feet tall, and having a marketing floor count of 131.

Construction Wrapping on First 53-Story, 538-Unit Journal Squared Tower, 605 Pavonia Avenue, Jersey City

7:00 am on June 16, 2016 By Reid Wilson

Kushner Real Estate Group’s 53-story, 538-unit mixed-use building at 605 Pavonia Avenue, in the Journal Square section of Jersey City, is now fully clad. The tower’s construction crane has been removed, as seen in a photo posted on Instagram by the owners via the YIMBY Forums. The rental tower contains a very large parking garage as well as retail space. It’s the first of three towers in the Journal Squared mega-development, which includes additional 60- and 70-story sibling towers. The entire development will boast 1,838 residential units and 36,000 square feet of retail space. As for this first completed tower, which topped out in December of 2015, occupancy is expected by the end of this year. HWKN and Handel Architects are responsible for the design. The complex will be located a stone’s throw away from the neighborhood’s PATH station.

Demolition Progresses at Site of One Vanderbilt, 67-Story, 1.73-Million-Square-Foot Office Tower in Midtown East

6:30 am on June 16, 2016 By Reid Wilson

Demolition has progressed significantly on the cluster of pre-war commercial buildings on the block bound by East 42nd and 43rd streets and Madison and Vanderbilt avenues, directly west of Grand Central Terminal in Midtown East. The existing structures are only a few more months from being removed, as seen in the photos by ILNY posted to the YIMBY Forums. In their place will rise a 67-story, 1,514-foot-tall office tower called One Vanderbilt, being developed by SL Green Realty Corporation and designed by Kohn Pedersen Fox. The tower will encompass 1,732,955 square feet of space, of which 1,295,140 square feet is designated as commercial.

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