Retail

Riverside Center

Developer Acquires Riverside Center Sites Of Planned 34- and 36-Story Buildings, Lincoln Square

2:00 pm on December 7, 2015 By Reid Wilson

Extell Development and The Carlyle Group have sold two development sites within the Riverside Center mega-development, in Lincoln Square, to GID Development for $264.865 million. The properties include 10 Riverside Boulevard and 639 West 59th Street, and the previous developers have already filed applications for residential buildings. Earlier this year, YIMBY reported on plans for a 36-story, 288-unit building at 10 Riverside. And over the summer, we brought you news of plans for a 34-story, 244-unit residential building at 639 West 59th Street. Both buildings will have small retail components, and Goldstein Hill & West Architects is the architect of record. Commercial Observer was the first to report on the sale.

Rendering of 45-40 Vernon Boulevard Paragon Paint Factory redevelopment. Via Simon Baron

Loft-Style Apartments To Occupy Former Paragon Paint Factory In Long Island City

7:30 am on December 7, 2015 By Evan Bindelglass

Back in June, YIMBY brought you news of a 28-story mixed-use tower planned for the site of the former Paragon Paint Factory at 45-40 Vernon Boulevard in the Hunters Point section of Long Island City. We know its 295 feet will shine and thanks to an interview with SHoP principal architect Gregg Pasquarelli, we know more about what will become of the factory building itself, which will connect to the new tower.

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220-10 Northern Boulevard

Three-Story, 40,000 Square-Foot Retail Building Planned At 220-10 Northern Boulevard, Bayside

2:00 pm on December 4, 2015 By Reid Wilson

RKF has been tapped to market the retail space in the planned three-story, 39,620 square-foot commercial development at 220-10 Northern Boulevard, in southern Bayside, according to Real Estate Weekly. The building will be be exclusively retail, with each floor boasting between 11,000 and 12,000 square feet of leasable space. A basement level will contain roughly 4,900 square feet of space. The retail structure will sit on the corner of 223rd Street and a connected 220-car parking garage will extend eastward up the sloped lot. A Burger King restaurant will first have to be demolished.

159 Ludlow Street

Reveal For Two-Story Retail Building At 159 Ludlow Street, Lower East Side

6:30 am on December 4, 2015 By Reid Wilson

Late last summer, YIMBY reported on applications for a two-story, 2,126 square-foot retail building at 159 Ludlow Street, on the Lower East Side, and now Bowery Boogie has the project’s reveal, which will take the form of a glassy structure. Hesky Haim and Continental Worsteds are the developers, and DXA Studio is designing the project, which it calls the ‘glass box’. The building appears to include some form of rooftop garden, and will be available as event space. The lot is currently vacant and construction is expected to begin in 2016.

11 Bond Street

Commercial-Retail Conversion Planned For 4.5-Story Property At 11 Bond Street, NoHo

6:00 am on December 4, 2015 By Reid Wilson

Aby Rosen’s RFR Realty has filed applications to convert and expand the 4.5-story building at 11 Bond Street, in NoHo, into a commercial property fit for a single retail tenant, according to Bowery Boogie. The 16,410 square-foot building, which also goes by 348 Lafayette Street, is currently a women’s shelter operated by the Center of Urban Community Services. Annabelle Selldorf is designing the project, which would require approval from the Landmarks Preservation Commission. Aby Rosen acquired the property for $26 million over the summer.

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