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Works Begins On Phase Two Of Hunters Point South Mega-Development, Long Island City

3:00 pm on December 18, 2015 By Reid Wilson

Earlier this year, construction wrapped up on the first phase of Long Island City’s Hunters Point South mega-development, which includes two residential towers with a total of 925 affordable units, plus a 1,100-seat school and a waterfront park. The city is now moving forward to build the infrastructure needed for the project’s second phase, and Curbed reports excavation work is well underway. The second phase will include, but is not limited to, a 1,193-unit mixed-income residential building, which is to be developed by TF Cornerstone and Selfhelp Community Services. Thousands of additional residential units are also in the works, along with retail and community space. Thomas Balsley Associates, Weiss/Manfredi, and ARUP are designing the public park that will eventually line the waterfront. The park and infrastructure work is expected to be complete by 2018.

Developers Plan 60-Story Hotel-Condo Tower At 1710 Broadway, Midtown

11:00 am on December 18, 2015 By Reid Wilson

In late 2014, YIMBY brought you conceptual renderings of the possible mixed-use tower that could rise at 1710 Broadway, between West 54th and 55th Street in Midtown, and now Extell Development is teaming up with C&K Properties to build a 60-story condo-hotel tower. Extell paid roughly $247 million for a 39 percent stake in the project, according to The Real Deal. Retail space will likely be included in the planned tower, which could be as large as 370,000 square feet, although additional air rights may be used which would increase the project’s size. A six-story, 83,000 square-foot office building must first be demolished.

First Tower Of “Journal Squared” Tops Out At 53 Stories In Journal Square, Jersey City

4:00 pm on December 17, 2015 By Reid Wilson

Late in 2014, YIMBY reported on the ground breaking of Journal Squared’s first residential tower, located right around the corner from the Journal Square PATH station, in northwestern Jersey City. On Wednesday, Kushner Real Estate Group topped out the 53-story, 538-unit building, which stands 563 feet above street level, according to the Jersey Journal. Façade work is also now underway, and completion of the tower is expected in 2016. Once completed, Journal Squared will boast three towers and 1,838 residential units, along with 36,000 square feet of retail and restaurant space. The second tower to rise will stand 70 stories and the final tower will top out at 60 stories. HWKN is the design architect, while Handel Architects is serving as the architect of record.

Reveal For 12-Story, 75-Unit Rental Building Planned At 69 East 125th Street, East Harlem

1:00 pm on December 17, 2015 By Reid Wilson

Over the summer, a black-and-white rendering was posted at the site of the planned 12-story, 75-unit mixed-use building at 69 East 125th Street, in East Harlem, and now a higher resolution rendering has surfaced, per Real Estate Weekly. Kutnicki Bernstein Architects is designing the rental building, which will include 5,643 square feet of ground-floor retail space. Twenty percent of the residential units will be rented at below-market rates. The site’s predecessors were demolished this past August, and completion is expected in the spring of 2017. Greystone Property Development is behind the project.

Rendering of LeFrak's 43-story building in Newport, Jersey City. Credit: Arquitectonica

LeFrak Breaks Ground For 43-Story Residential Tower In Newport, Jersey City

8:00 am on December 17, 2015 By Evan Bindelglass

The skyline of Jersey City is on its way to getting another addition. It was announced Wednesday that the LeFrak Organization, which has been building in the city for decades, broke ground for a 43-story building, dubbed Ellipse, in the Newport section at the city’s northern end, just south of the Hoboken border.

36-Story, 139-Unit Mixed-Use Tower Planned At 280 Cadman Plaza West Passes ULURP, Brooklyn Heights

6:00 am on December 17, 2015 By Reid Wilson

In early November, the City Planning Commission approved Hudson Companies’ planned 36-story, 139-unit mixed-use building at 280 Cadman Plaza West, in Brooklyn Heights, and now the City Council has approved the project. According to DNAinfo, Wednesday’s vote was practically the last step before the project gets green-lit. Mayor Bill de Blasio is planning to sign the deal, which will conclude ULURP, the city’s Uniform Land Use Review Procedure. The project overtakes the site of the Brooklyn Heights public library and 26,620 square feet on the ground floor will be dedicated to it. In addition, the Marvel Architects-designed tower will include 9,000 square feet of city-run academic labs and retail space. The property will be sold for $52 million.

Reveal For Six-Story, 10-Unit Mixed-Use Building At 349 Kent Avenue, Williamsburg

4:00 pm on December 16, 2015 By Reid Wilson

Earlier this year, YIMBY reported on filings for a six-story, 10-unit mixed-use building at 349 Kent Avenue, in western Williamsburg, located a block in from the East River. Brooklyn-based Workshop Design + Architecture has released renderings of the project, which will measure 15,300 square feet in total, although 8,723 square feet will count towards zoning. Two retail units will split 923 square feet of commercial space on the ground floor, and the residential units above will average 780 square feet apiece. Eugene Buchinger, operating as an anonymous LLC, is the developer. The site’s former two-story building was demolished earlier this year, and now that permits are approved, excavation is likely imminent.

Extell Submits Pre-Filings For 57-Story Mixed-Use Tower At 138 Willoughby Street, DoBro

6:30 am on December 16, 2015 By Reid Wilson

Over the summer, Extell Development struck a deal to lease City Point’s phase three development site, located on the northern end of the block at 138 Willoughby Street, in Downtown Brooklyn. Yesterday, SLCE Architects pre-filed for Extell’s planned tower, which will rise 57 stories above street level. The documents are not complete, but the initial filing reveals that the project will include both residential and commercial space, as expected. The deal requires the developer to build a four-story, 65,000 square-foot retail base. The tower will rise 692 feet in height, although it’s not clear if that figure includes any structural rooftop elements. The planned residential units should number in the hundreds, and that will be among the details clarified when SLCE completes the new building applications.

Developer Purchases Mixed-Use Development Site At 129 Beach 116th Street, Rockaway Park

6:00 am on December 16, 2015 By Reid Wilson

An anonymous LLC affiliated to Brooklyn-based Marcel Group has purchased the relatively large block-thru development site at 129 Beach 116th Street, in Rockaway Park, located a block south of the Rockaway Park – Beach 116th Street stop on the A and Rockaway Park Shuttle trains. According to DNAinfo, the developer paid $5 million for the site, which is currently home to a vacant single-story structure. The property could accommodate an eight-story, 114,000 square-foot mixed-use building with up to 16,000 square feet of retail space.

Seven-Story, 74-Unit Residential Project Officially Tops Out At 51 Jay Street, DUMBO

10:00 am on December 15, 2015 By Reid Wilson

Last week, Brownstoner brought us a construction update on the seven-story, 74-unit residential redevelopment at 51 Jay Street, in DUMBO, and now YIMBY can announce the expansion project has officially topped out. Its residential units average 1,815 square feet apiece and have commanded one of the highest price per-square-foot figures in the neighborhood, selling at $2,083 per-square-foot. The building is nearly 75 percent sold, as reported earlier, and move-ins are expected sometime next summer or fall. Residents will have a slew of amenities available to them, and 1,333 square feet of retail space is planned on the ground floor. Slate Property Group and Adam America Real Estate are the developers, while ODA Architecture designed the project.

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