Retail

Foundation Work Begins For 15-Story, 255-Unit Mixed-Use Building At 213 Van Vorst Street, Jersey City

6:00 am on February 5, 2016 By Reid Wilson

Early in 2015, the Jersey City Planning Board approved plans for two 15-story mixed-use buildings at 193 and 213 Van Vorst Street, in the Paulus Hook neighborhood of Jersey City. Now, HFF has secured for the developers, Global Real Assets and Fields Development Group, $63.5 million in financing for the first phase of the project, according to REBusinessOnline. The first phase at 213 Van Vorst Street will have 255 residential units, which will come in one-, two-, and three-bedroom configurations, and two ground-floor retail units totaling 7,237 square feet. The second building will include an additional 153 residential units and 7,305 square feet of ground-floor retail. Pile driving and foundational construction on the first building began last January, per Jersey Digs, and completion is expected in 2017. Marchetto Higgins Stieve is the design architect.

35-Story, 220-Unit Mixed-Use Tower Rises At 323 Tenth Avenue, West Chelsea

11:00 am on February 4, 2016 By Reid Wilson

During the summer of 2015, renderings were revealed of Lalezarian Properties’ planned 35-story, 220-unit mixed-use tower under construction at 323 Tenth Avenue, between West 28th and 29th streets in West Chelsea. At the time, the ground floor of the tower was being constructed, and the developer’s two other 13-story buildings at 507 West 28th Street – with a combined additional 155 residential units – were close to topping out. Today, the larger structure is 25 stories above street level and the smaller 13-story components are nearly fully clad in glass. The photos are courtesy of Tectonic (h/t Curbed). The entire project will encompass 337,978 square feet, and rental units will average 779 square feet across all three buildings. There will also be a total 16,068 square feet of ground-floor retail space. Avinash K. Malhotra Architects is the design architect and completion is expected later this year.

Landmarks Rejects Renovation Of 348 Lafayette Street, NoHo

7:00 am on February 4, 2016 By Evan Bindelglass

The proposal to renovate a commercial building in the NoHo Historic District didn’t fly with the members of the Landmarks Preservation Commission on Tuesday. The LPC rejected the proposal presented for 348 Lafayette Street, located on the southwest corner of Lafayette and Bond streets.

Developers Plan 48,000 Square-Foot Retail Redevelopment At 410 West 207th Street, Inwood

4:00 pm on February 3, 2016 By Reid Wilson

In December, Taconic Investment Partners and Cogswell-Lee Development Group acquired the ground-lease of 410 West 207th Street, in Inwood. According to Commercial Observer, the developers plan to redevelop the property into commercial-retail space. The site is currently occupied by a single-story, 34,000 square-foot vacant supermarket, formerly a Pathmark. The structure will be renovated to accommodate a new 20,000 square-foot supermarket and multiple smaller retailers. In addition, a 14,000 square-foot retail annex will be built on a section of the parking lot. When construction is completed later this year, parking will be reduced from 200 to 120 car spaces. The property can accommodate a 240,000 square-foot residential development with retail space, although plans for such proposal are not finalized. It sits a stone’s throw away from the 207th Street stop on the 1 train.

Developer Plans Four-Story Office, Retail Conversion At 61-63 Crosby Street, SoHo

3:00 pm on February 3, 2016 By Reid Wilson

Chicago-based L3 Capital has acquired the four-story, 20,600-square-foot mixed-use property at 61-63 Crosby Street, in SoHo, for $42 million. The new owner plans to convert the building into office space, although the ground-floor will remain as retail space. The co-op building has seven apartments, which will all be vacated before the sale closes, according to The Real Deal. The property comes with 3,300 square feet of air rights, which could be used in an expansion. Any alterations to the buildings will have to be approved by the Landmarks Preservation Commission because they sit within the SoHo-Cast Iron Historic District Extension.

New Renderings Of Six-Story, 82-Unit Mixed-Use Project Underway At 438 East 12th Street, East Village

6:30 am on February 3, 2016 By Reid Wilson

Last summer, excavation kicked off at 438 East 12th Street, in the East Village, where a six-story, 82-unit mixed-use building is under development by Douglas Steiner. Then in December, the developer secured a $130 million construction loan for the project. The Real Deal now reports the project has received approval from the Attorney General’s office, putting the valuation of the project’s 82 units at $215 million. When completed in 2017, the 151,943 square-foot building will have 8,376 and 961 square feet of ground-floor retail and medical offices, respectively. The units above will average 1,315 square feet apiece, and will come in one- to four-bedroom layouts. The amenities, located on the ground and cellar levels, will include a pool and spa, a gym, a library, and a children’s playroom, as well as courtyard and rooftop gardens. Perkins Eastman affiliate S9 Architecture is the designing architect and Paris Forino is designing the interiors.

Single-Story, 8,700-Square-Foot Retail Building Planned At 71 Schenectady Avenue, Crown Heights

4:00 pm on February 2, 2016 By Reid Wilson

Bawabeh Brothers has filed applications for a single-story, 8,690 square-foot commercial-retail building at 71 Schenectady Avenue, in eastern Crown Heights, located four blocks from the Utica Avenue stop on the A and C trains. The 16-foot-tall structure will replace a vacant 62-foot-wide swath of land, and the leasable retail space will total 4,345 square feet. The retail tenant or tenants will also have access to storage space in the cellar. Brooklyn-based Felix Pustylnik is the applicant of record.

Sneak Peak at Facade & Construction Update for 217 West 57th Street, aka Nordstrom Tower

8:00 am on February 2, 2016 By Nikolai Fedak

YIMBY has brought you continual updates on the progress of Extell’s 217 West 57th Street, a.k.a. Nordstrom Tower (officially Central Park Tower), and now we have the first photos of what the facade for the building will actually look like, as well as an update on progress. The image comes from an anonymous tipster and shows the glass that will appear over the top of the Nordstrom floors, crowning the retail podium in a series of undulating curves, and demarcating the boundary between the pedestrian realm and the supertall that will cantilever up above.

Demolition at the Market Diner. Photo by Tectonic.

Market Diner Being Demolished To Make Way For Apartments At 572 Eleventh Avenue

6:30 am on February 2, 2016 By Evan Bindelglass

For decades (with a brief break), Manhattan had a diner, complete with outdoor seating and a tiny parking lot, near the edge of Midtown West/Hell’s Kitchen. Last year, we learned that the Market Diner at 572 Eleventh Avenue (at the corner of West 43^rd Street) would be replaced by an apartment tower. Now, a photo from our friend Tectonic shows that demolition has begun.

Reveal For Eight-Story, 60-Unit Mixed-Use Building At 98-02 Queens Boulevard, Rego Park

4:00 pm on February 1, 2016 By Reid Wilson

Within the last few weeks, new details emerged of the planned eight-story, 60-unit mixed-use building being developed at 98-02 Queens Boulevard, in Rego Park, and now DNAinfo has a rendering of the project. As reported previously, the 75,000 square-foot structure will contain rental units that come in one-, two-, and three-bedroom configurations. The apartments will average 657 square feet apiece, and amenities include a gym, an indoor pool, a children’s playground, and bike storage. The entire ground floor will be retail and 7,000 square feet of community facility space, in the form of medical offices, will be located on the level above. Demolition of the existing retail structure is expected in the spring and completion is slated for late 2017. Bahar Corporation is developing and Peter Casini Architect is behind the design.

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