Retail

Seven-Story, 74-Unit Residential Redevelopment Tops Outs At 51 Jay Street, DUMBO

11:00 am on December 10, 2015 By Reid Wilson

The residential redevelopment of the former three-story, 81,805 square-foot manufacturing building at 51 Jay Street, in Dumbo, has topped out, according to Brownstoner. The structure has been transformed into a seven-story building and now measures 135,658 square feet. Seventy-four condominiums units will spread across the majority of the building, measuring an average 1,815 square feet apiece, and 1,333 square feet of ground-floor retail is planned. The project includes six separate penthouses and is currently 75 percent sold with move-ins expected in mid-2016. Slate Property Group is developing is ODA Architecture is the design architect.

10-Story, 42-Unit Residential Renovation Planned At 144 East 24th Street, Kips Bay

6:00 am on December 10, 2015 By Reid Wilson

Slate Property Group and RWN Real Estate have acquired the 10-story, 33-unit apartment building at 144 East 24th Street, in Kips Bay, for $29 million. The 40,000 square-foot structure will be renovated and reconfigured into a 42-unit property with smaller apartments, likely to accommodate the neighborhood’s growing student population. The small ground-floor retail space will also be expanded. It is currently occupied by Ralph’s Famous Italian Ices, according to The Real Deal.

Reveal For Two-Story, 19,800 Square-Foot Retail Project At 205 Smith Street, Boerum Hill

3:00 pm on December 9, 2015 By Reid Wilson

Late in 2014, filings were submitted to expand the single-story, 9,916 square-foot commercial building at 205 Smith Street, in Boerum Hill, to 19,832 square feet, thanks to the addition of a second floor. Brownstoner now has a rendering the project, which will be entirely retail and reportedly the new home of a supermarket. Jackson Group, Aurora Capital Associates, and ACHS Management are developing, while Think Architecture & Design is the architect of record. A completion date has not yet been disclosed.

Filings Submitted For 24-Story, 62-Unit Condo Redevelopment At 100 Vandam Street, Hudson Square

2:00 pm on December 9, 2015 By Reid Wilson

Very early this year, YIMBY brought you renderings of Jeff Greene’s planned 24-story, 62-unit residential development at 100 Vandam Street, in Hudson Square, and now the developer has filed applications for the COOKFOX-designed project. The existing six-story, 55,300 square-foot former factory building will be expanded to 156,629 square feet via a 19-story vertical extension. Of the total square-footage, 2,311 square feet of space will be designated for ground-floor retail. Condos will average a spacious 2,457 square feet each, and a duplex penthouse unit will span the 23rd and 24th floors, according to the Schedule A. The Real Deal was the first to report on the filings.

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.

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.

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.

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.

Developer Planning Possible Mixed-Use Project At 120 Fifth Avenue Site, Park Slope

2:00 pm on December 3, 2015 By Reid Wilson

Avery Hall Investments is in contract to purchase the grocery store at 120 Fifth Avenue, in northern Park Slope, according to DNAinfo, and plans to close on the site in the second half of 2016. The developer is planning a mixed-use building with residential units and commercial space, although details have yet to be hammered out. A Key Food currently occupies the site, which is reportedly one of the largest development sites in the neighborhood.

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