Showing posts with label new development. Show all posts
Showing posts with label new development. Show all posts

Tuesday, September 26, 2017

Construction watch: 363 Lafayette



Here's a look at 363 Lafayette, where work has passed the halfway mark on a 10-floor, mixed-used building rising at Great Jones.

The office building will feature a showroom on the ground floor and community facility space on the second floor and part of the third floor, as New York Yimby previously reported.

The property stretches south to Bond Street...





Morris Adjmi is the architect of record. Here's more from his firm's website:

This office building’s fanning setback was inspired by the unique wedge-shaped site. With its brick cladding and contemporary terracotta detailing, this office building reflects the architectural character of the NoHo Historic District.

And a rendering...



Ironstate Development is behind this project. Their work in the neighborhood includes The Jefferson, the condoplex at the site of the former Mystery Lot.

This parcel of land hasn't been without controversy. In 2008, artist Chuck Close, whose studio is next door at 20 Bond St., filed a lawsuit against the previous property owner, Olmstead Properties, to prevent the construction of a 6-floor office building. He argued that the new development would block the building’s natural light, which he and other artists at No. 20 need for their work.

Ironstate's original proposal for the space included the 10 stories covering the side windows of No. 20. Those plans were later modified.

Previously on EV Grieve:
Former Jones Diner lot on Lafayette primed for new development

[Image: Spencer Platt/Getty Images]

Wednesday, September 6, 2017

Still in the pit at 14th Street and Avenue C



Checking in on the activity at the southwest corner of 14th Street and Avenue C...



Ten months later (since the last EVG update on Nov. 1, 2016), crews are still in the foundation stage...



Perhaps they're combatting the elevated groundwater levels here that have impacted the other developments (here and here) along East 14th Street.

As for the new development, here's a rehash of the info I received on the project last September:

Madison Realty Capital (MRC), an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets, provided a $52.0 million first mortgage loan for the acquisition of a development site in the East Village and construction of an approved 76,259 square foot mixed use development on the site.

The plans for 644 East 14th Street include 50 residential units, 8,064 square feet of retail space with 200 feet of frontage on 14th Street and Avenue C, and 21,575 square feet of community facility space.

The property is located at the corner of 14th Street and Avenue C, along the Northern border of the East Village and directly across the street from Stuyvesant Town. Residential units will offer contemporary finishes and large balconies with East River views. The borrower is currently finalizing a lease with a major New York hospital to occupy the entire community facility portion of the new building.

The East Village is now attracting young professionals and families, in addition to the artists, musicians, and students that established the neighborhood's cultural identity. The area has retained its strong character and remains a dynamic hub of popular bars, restaurants, and shops, with East 14th Street being one of the liveliest commercial corridors.

Previously on EV Grieve:
Development back in play for East 14th Street and Avenue C

More details on the sale of 644 E. 14th St.

Here comes a 15-story retail-residential complex for East 14th Street and Avenue C

Prepping the former R&S Strauss auto parts store for demolition on East 14th Street and Avenue C

City OKs 15-story mixed-use retail-residential building on 14th and C

14th and C now waiting for the Karl Fischer-designed 15-story retail-residential complex

14th and C still waiting for its Karl Fischer-designed retail-residential complex

Report: New owners for the empty lot at 14th Street and Avenue C

Thursday, August 24, 2017

75 1st Ave. now in bendy thing phase


[Photo by Goggla]

There's more activity now to note at 75 First Ave., where the bendy thing arrived yesterday morning for some cement-pumping action here next to the Rite Aid on Fifth Street.

Meanwhile, as previously reported earlier this month, sales are underway at the 8-floor, 22-unit condoplex. The three units on the market are asking between $1.79 million and $2.25 million.



Previously on EV Grieve:
Developer: A shorter building in the works now for 75 First Avenue

High-rise for 75 First Avenue back in play

Long-stalled First Avenue site now has a brand-new rendering

Report: Long-dormant 1st Avenue development site changes hands

Plywood report and the future of 75 1st Ave. (Spoiler: condos)

Sales underway for Rite Aid-adjacent condoplex on 1st Avenue

Monday, August 21, 2017

Look at the former Bowlmor Lanes now



A walk by University Place and 12th Street... developer Billy Macklowe's 23-floor retail-residential complex has really charged upwards since the last look in June.

Workers appear to be up to the 19th (18th? 20th?) floor... in what will one day look like...


[Rendering via Selldorf.com]

The average price for the 36 condos (there are 52 in total) in contract is $6.1 million, per Streeteasy.

There are ongoing concerns about overdevelopment along the Broadway/University Place/Union Square corridor.

Bowlmor Lanes closed in July 2014 after 76 years in business.

Previously on EV Grieve:
Building that houses Bowlmor Lanes will convert to condos, like everywhere else around here

76-year-old Bowlmor Lanes closes for good today

Bowlmor says goodbye

Bowlmor Lanes replacement: 23-floor residential building

Major changes coming to University Place and East 13th Street

How about some more condos for University Place

Here's what's left of the block of University Place that once housed Bowlmor Lanes

Oh hi: The 23-floor Bowlmor Lanes-replacing luxury building

Wednesday, August 2, 2017

Sales underway for Rite Aid-adjacent condoplex on 1st Avenue



Sales began yesterday for 75 First Ave., the current foundation in the ground next to the Rite Aid at Fifth Street.

One day, it will be an 8-floor, 22-unit building like the rendering above.

Here's the official blurbage about the address:

Introducing 75 First Avenue, the brain-child of Italian design impresario and Peter Marino protégé Stefano Pasqualetti, and Starchitect Thomas O’Hara. The glass façade of this luxury condominium rises and cantilevers over the heart of the East Village. Amenities include a full-time doorman, a landscaped rooftop deck with panoramic city views, a fitness center, bicycle storage, and a private lounge with a yellow travertine fireplace, pool table, and wet bar for parties and events. 75 First Avenue is located only a few blocks from SoHo, the Lower East Side and the Bowery, and surrounded by an eclectic mix of restaurants, bars, cafes, theaters, shops, and grocery stores. Nearby subway lines include the F and 6.

There are currently five units for sale via Nest Seekers International ... from $995,000 to $2.25 million.

Here are some renderings via Nest Seekers...







Plans here have evolved through the past 10 years here with various developers and architects.

Previously on EV Grieve:
Developer: A shorter building in the works now for 75 First Avenue

High-rise for 75 First Avenue back in play

Long-stalled First Avenue site now has a brand-new rendering

Report: Long-dormant 1st Avenue development site changes hands

Plywood report and the future of 75 1st Ave. (Spoiler: condos)

Tuesday, July 25, 2017

80 E. 10th Street rises, teases



The broker bunting is up on the sidewalk bridge surrounding the new development on the southeast corner of 10th Street and Fourth Avenue.

As previously reported, a 10-story, retail-residential condoplex is on its way up on the property that was formally a one-level structure of businesses.





The address here is officially 80 E. 10th St. And there is a teaser site up for the 12 condos. Sales are expected to start this fall.

Incoming rendering!



Previously on EV Grieve:
Report: Demo permits filed to raze southeast corner of 4th Avenue and 10th Street

The 'tremendous retail potential' of East 10th Street and 4th Avenue

10 stories of condos in the works for the long-vacant corner of 4th Avenue and East 10th Street

With new building OK'd, corner of 4th Avenue and 10th Street finally ready for razing

Monday, July 10, 2017

Quickly reaching the top of 287 E. Houston St.



I can't recall a new development that has gone up as quickly as 287 E. Houston St. ... workers hoisted the flag atop the 11-floor condoplex between Clinton and Suffolk late last week...



A quick recap: The 120-foot-tall luxury building will feature 28 residences. The development will have two to four units on each story, including two duplexes on the first and second floors and a penthouse duplex on the top two floors. The smallest unit (624 square feet) starts at $1.18 million. (More background here.)

It will likely look like the rendering by Labor Day...

Thursday, June 15, 2017

Full FULL reveal at 347 Bowery



Workers this week removed the last of the scaffolding and sidewalk bridge surrounding 347 Bowery.

The Annabelle Selldorf-designed 13-story luxury building at Third Street features five stacked town homes.

This angle also allows for a view of the now-demolished former 3 E. Third St. Brooklyn-based Barrett Design is dropping in a seven-story mixed-use condoplex on that lot...



As for No. 347, the homes will sit atop the two-story commercial base... which looks pretty bank-branch drab compared to the residential portion of the condoplex...



...drab like the former Chase branch on Second Avenue and St. Mark's Place.

Find retail rental info here.


[Photo from 2015]

Previously on EV Grieve:
The Salvation Army's former East Village Residence will be demolished on the Bowery

Whatever happened to that really ugly hotel planned for the Bowery?

Looks like 347 Bowery will be home to a 13-floor mixed-use residential development

The future of 347 Bowery (sorta!) revealed

Let's take a look at 347 Bowery, now and in the future

347 Bowery getting its zinc supplements

Friday, June 2, 2017

The Shake Shack effect? McDonald's on 3rd Avenue at St. Mark's Place has closed after 20 years


[Photos by EVG reader MP]

Some passersby were shocked yesterday to see that the McDonald's on Third Avenue at St. Mark's Place had shut down. A sign on the door noted, "Sadly, this location is closing."



In June 2015, The Real Deal reported that real-estate investor Arthur Shapolsky was in contract to buy the corner assemblage — 23 Third Ave., 27 Third Ave. and 3 St. Mark's Place — for roughly $50 million. The site could reportedly accommodate a 41,500-square-foot commercial building or a residential one of roughly half the size.

However, Joseph Gabay, whose family owns the properties, told me last night that they have not been sold despite the continued rumors.

"McDonald’s has chosen not to renew their lease after a 20-year run," he said via email. "With the addition of 51 Astor, the dynamic of the square has changed."

As noted earlier this week, Shake Shack is expected to open later this year directly across the street in a corner space at 51 Astor Place.

"With a contemporary brand moving in like Shake Shack and McDonald's leaving the change is evident," Gabay said.

Previously on EV Grieve:
Report: Northeast corner of St. Mark's Place and 3rd Ave. fetching $50 million for development site

P.S.

And what happened to the Golden Arches?

Wednesday, May 17, 2017

The 'commanding retail presence' of Extell's new 14th Street development



Here's how Extell's two, seven-story residential buildings going in on 14th Street from Avenue A to Avenue B look these days...



There's an updated retail listing now at RKF for the buildings noting "a commanding retail presence" here.


[RKF]

For starters, you probably know that Target is leasing 27,306 square feet in No. 500's corner space for a small-format store expected to open in the summer of 2018.

The other retail slot here features 14,500 square feet plus 1,500 square feet for a loading dock, which is on 13th Street. The price is not listed. The listing also says "Logical divisions considered" and "Space can be vented for cooking."

At No. 524, the retail space is 9,700 square feet with another 4,500 in the lower level.


[RKF]

Previously on EV Grieve:
New 7-floor buildings for East 14th Street include 150 residential units

Target offers details about its flexible-format store opening summer 2018 on 14th and A

The disappearing storefronts of East 14th Street

Wednesday, May 10, 2017

Looking at the BP-replacing condos coming to 32 E. 1st St.



As we noted two weeks ago, the mural by Brazilian twins Os Gêmeos was starting to disappear behind the new 10-story retail-residential building at 24 Second Ave. and First Street.

CityRealty had more details this week about the "spiffy collection of condos" expected to be finished later next year. For starters, the official address of the building housing 33 condos is 32 E. First St.

Here's more via CityRealty:

The lively and geometric exterior is designed by the design firm Combined who is a joint-partnership between RSVP Architecture Studio and N-Plus Design Studio. The façade is composed of stone-colored frames that project from a face of windows and dark-colored spandrels and mullions.



New interior renderings show the forthcoming homes will have open layouts, arrays of windows that are not quite floor-to-ceiling, and beveled ceilings. The amenity offerings will include a fitness center, spa, mail room, communal terrace and a recreation room.

Here are some renderings via Combined.
Updated: A rep for Combined said that they did not grant permission for the use of the renderings. So you can check out all the renderings at the Combined website. (Or CityRealty here.)

The property was home to BP, which closed in July 2014. The BP was the second-to-last gas station in the East Village.

Previously on EV Grieve:
The 2nd Avenue BP station has closed

Permits filed to demolish former 2nd Avenue BP station

More about the 10-story building taking the place of the former BP station at 24 2nd Ave.

Check out the new 10-story building for the former 2nd Avenue BP station

A ballerina for 2nd Avenue

2nd Avenue residential complex now complete with renderings on the plywood

Demolition watch: 3 E. 3rd St.



3 E. Third St. is wrapped and looking ready for demolition here just off of the Bowery.

Workers have baited the building for rats and removed asbestos...



As reported last fall, Brooklyn-based Barrett Design has plans for a seven-story mixed-use condoplex on the lot. The building will feature a retail condo on the ground floor and five apartments above, consisting of four full-floor units and a duplex penthouse.


[Rendering via Barrett Design]

No. 3 will join this luxurious corner of Third Street and the Bowery...



For the past 20-plus years, 3 E. Third St. served as short-term rentals for students and interns..


[3 E. 3rd St. in April 2015]

Previously on EV Grieve:
Development site available on East 3rd Street at the Bowery

Tuesday, May 9, 2017

New 7th Street rental named for artist Louise Nevelson; amenities include a backup generator



Rentals are underway at the all-new 222 E. Seventh St., a building originally thought to be condos here between Avenue B and Avenue C.

As we pointed out previously, the address was the onetime home and studio of famed sculpturist Louise Nevelson. Which explains this building's name — Nevelson House.

Workers first honored her memory by demolishing the previous four-floor building here.


[The former No. 222]

Streeteasy shows seven units ranging in price from $4,265 to $8,146, an entire floor at 1,455 square feet.

Here's a description of that unit:

This brand new floor through convertible 3 bedroom features an exclusive terrace, condo-level finishes such as Carrera marble Kitchen countertops and stainless steel appliances. Each apartment features an open layout with energy efficient, floor to ceiling windows. Apartments include radiant heated floors, customizable LED lighting, exclusive outdoor space, a dishwasher, an in-unit washer/dryer, and use of a high-end backup generator that can power the building during outages.





There are open houses for several of the units this week via broker Citi Habitats.

When the new development first revealed itself in 2011, it was named the rather jaunty Villa Capri, set to be ready in 2012.

Previously on EV Grieve:
Villa Capri condos coming to Seventh Street

[Updated] Work underway on the new residential conversion on East 7th Street

Bringing down 222 E. 7th St. brick by brick

About the cantilevering condos coming to 4th Avenue and 10th Street



Workers have now surrounded the new development site at 71 Fourth Ave. and 10th Street with a heavy-duty sidewalk bridge.

As previously noted, a 10-story, retail-residential complex will rise here. Given the square footage allotted for the 12 planned residences, condos were likely.

Last week, The Real Deal reported that NAVA Companies "is targeting a $72.4 million sellout" for the (officially now!) condoplex, according to a condo filing plan accepted by the New York State Attorney General’s office.

According to the filing, units would span an average of more than 2,000 square feet. The $72.4 million projected sellout means units would cost on average of over $6 million. The AG’s office approved the plan on April 7.

The NAVA website says that sales will begin in the fall. There's a teaser site up and running for the building, officially 80 E. 10th St. ... (at least this guy is wearing a shirt) ...



And as a reminder of the condo cantilevering to come...



Meanwhile, once the construction really gets going, 10th Street between Fourth Avenue and Third Avenue will be a tight, potentially dangerous, fit for pedestrians, motorists, cyclists...



Previously on EV Grieve:
Report: Demo permits filed to raze southeast corner of 4th Avenue and 10th Street

The 'tremendous retail potential' of East 10th Street and 4th Avenue

10 stories of condos in the works for the long-vacant corner of 4th Avenue and East 10th Street

With new building OK'd, corner of 4th Avenue and 10th Street finally ready for razing

Tuesday, May 2, 2017

Construction watch: 287 E. Houston St.



These photos are from Sunday. By now, there's likely another few floors.

Work has been zipping right along here at 287 E. Houston St. between Clinton and Suffolk... site of a planned 11 stories of condos...



The 120-foot-tall luxury building will feature 28 apartments. The development will have two to four apartments on each story, including two duplexes on the first and second floors and a penthouse duplex on the top two floors.

The condoplex's website shows seven available units, starting at $1.18 million for a 624-square-foot unit... and $2.95 million for the 1,100-square foot penthouse with an additional 140-square-feet of outdoor space.

AA Studio is the architect while HOGG Holdings and Vinci U.S. Real Estate are the developers. (Corcoran Group Marketing is heading up sales. And marketing.)

And as for the final product, we'll just drop this in...



The lot here previously housed a tax-preparation business; a landscaping business also shared part of the property.


[Via Google Street View]

Previously on EV Grieve:
11 stories of condos to join the growing East Houston residential corridor