NEW YORK | MID/LOW RISES | General Developments Updates/Compilation

[chris08876]

341 Canal Street

The corner of Canal and Greene Streets may soon see new life. Yesterday, the Landmarks Preservation Commission re-approved plans for a new Gene Kaufman-designed six-story retail and residential building to rise at 341 Canal Street. This is at least the third time this long-vacant plot of land has come before the LPC. In 2007, Kaufman made a presentation which won the commission's approved.

Once financing was re-established, it was too late. The LPC's approval is only valid for three years. So, if you don't build it, you have go before the commission again, and the second time around, in 2012, the commission didn't like the proposal.
[...]

The commission largely agreed with Kaufman, the HDC, and noted approval from Community Board 2's Landmarks and Aesthetics Committee, and approved the proposal with the condition that Kaufman work with the LPC staff on a better design for the corner of the building, tweak the granite base, look at the Greene Street piers, and iron out appropriate signage.

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http://ny.curbed.com/archives/2014/0...treet_site.php

[chris08876]

543 2nd Avenue

DOB filings indicate the 12-story building will have 1,540 square feet of ground-floor retail, with an additional 17,127 square feet of residential space divided between 18 units.

Aesthetically, the project will be a relatively simple glass box; though the design is rather banal, the location would be atypical for something that’s genuinely appealing. The surrounding neighborhood is dominated by post-war architectural malaise, including large, tower in the park-style complexes; a smattering of pre-war buildings also exist, though many have been stripped of ornamentation over the years, lingering on as nearly-blighted remnants of times gone by.

Without substantial air rights, the scope of 543 2nd Avenue will relegate the structure to ‘filler’ status. At the very least, the envelope is flush with adjacent sidewalks, and street-front retail will add to the pedestrian sphere; the project’s impact on the neighborhood will be a net positive.
No completion date for 543 2nd Avenue has been announced.

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http://www.yimbynews.com/2014/05/rev...sfp=523038201#

[ziet911]

Originally Posted by chris08876

313 West 121st Street




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May 22, 2014
http://ny.curbed.com/archives/2014/0...harlem_lot.php

I would have to say it's a great addition to the neighborhood!

[chris08876]

Outdated Info

[chris08876]

30 HENRY STREET

Fortis acquired 30 Henry Street in May 2012 and is re-developing it into a fivestory, high-end residential condominium. Fortis has already obtained Landmarks approval for its planned re-development. The project consists of five, full-floor 3,000 square foot units (“horizontal brownstones”) with high-end construction and finishes. Construction commenced in June 2012 and is scheduled to complete in 2014.

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www.30henry.com

[chris08876]

Update: Fixed some outdated image links for certain projects on the first page. Also added a little information to some that only had renderings. Lastly, edited to make it easier to distinguish certain projects keeping true with the format in the first post that I stated as unnecessary space was removed.

Lastly as a reminder, use Hypothalamus thread For High Rises for structures that are 13 stories or greater. This is for 1-12 stories. Most of the projects though on average appear to be 6-10 stories on average. NYC is has tons of these new developments that compromise a good portion of construction in the city. Brooklyn is on the forefront of mid rise construction followed by Queens. De Blasio's plan I predict will tenfold this hopefully as developments seem to appear daily.

Also, if anybody has an objection to the green, and dark majestic purple highlighting I tend use always let me know. I want people to learn about these developments, and if anybody has a hard time reading such fonts, feel free to ask for a change.

- Chris E.

[chris08876]

Five-Story Building Replacing Three Stories at Smith and Wyckoff in Boerum Hill

A five-story building is planned to replace the three-story building on the corner of Smith and Wyckoff streets where Smith Hanten Real Estate has operated for decades. A new-building permit for 165 Smith Street specifies eight apartments with 10,933 square feet of residential space, 3,163 square feet of ground-floor retail, and a two-car garage.

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http://www.brownstoner.com/blog/2014...n-boerum-hill/

[chris08876]

Updated post #60 on page 3 with the development rendering and info that will replace the BP Gas Station.

[chris08876]

Project Update: New Renderings for 2040 Frederick Douglass Boulevard

Original Post: http://forum.skyscraperpage.com/show...7&postcount=60 (Can see earlier renderings and extra info)



Current Status:


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http://www.nytimes.com/2015/12/13/re...s&emc=rss&_r=0

[chris08876]

Project Update: New Renderings for 543 Second Avenue

Original Post: http://forum.skyscraperpage.com/show...1&postcount=72






Credit: http://www.6sqft.com/new-and-improve...second-avenue/

[chris08876]

168-180 Franklin:

A huge vacant lot on Franklin Avenue between Myrtle and Willoughby Avenues in Bed-Stuy will be vacant no longer. Adam America Real Estate is constructing an 80,000-square-foot rental building that stretches from 168-180 Franklin. DNAinfo first spotted the renderings last summer, and the most recent permits were approved by Department of Buildings just last month. Isaac and Stern designed the rather boring five-story slab, which will hold 118 rental apartments and 59 parking spaces.

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http://ny.curbed.com/archives/2014/0...anklin_ave.php

[chris08876]

33 Bay Street:

Permits were recently filed for a 67-unit apartment building at 533 Bay Street in Stapleton, on Staten Island. Today, we’ve got a rendering, courtesy of Arker Companies, which is developing; Aufgang is the architect. As noted previously, the apartments will span nearly 60,000 square feet .

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http://www.yimbynews.com/2014/07/rev...r-housing.html

[Hypothalamus]

The Real Deal:

Slate, Adam America to develop $100M Park Slope rental
Partners bet big on family-friendly area with 535 Fourth Ave. ground lease deal

April 28, 2014 03:20PM
By Hiten Samtani


From left: David Schwartz, 535 Fourth Avenue, Martin Nussbaum and Dvir Cohen Hoshen

Adam America Real Estate Group, Slate Property Group and AEW Capital Management executed the long-term ground lease at a Park Slope development site on Fourth Avenue, The Real Deal has learned. The trio will develop a $100 million mixed-use residential and retail property with 141 rental apartments at the site, which allows for more than 118,000 buildable square feet and has 200 feet of retail frontage.

The partners paid close to the asking price of $10 per buildable square foot, or about $1.18 million in annual rent, for the site, located at 535 Fourth Avenue between 14th and 15th streets. A CPEX Real Estate team led by Sean Kelly and Matt Dzbanek brokered the transaction. A source familiar with the deal said the 99-year lease’s net present value was about $25 million.

“It’s a rare situation that you’re in between two amazing neighborhoods [Park Slope and Gowanus] with the subway right there,” said Slate principal David Schwartz. Aufgang Architects is designing the project, which will contain units ranging from studios to three-bedroom apartments with rents likely starting at around $2,000 per month, Schwartz said.

He also noted the avenue’s retail potential, saying that any retailers eyeing a large footprint in the area would look to set up shop there.

[...]

[chris08876]

Construction Updates on projects posted earlier: 10 Bond (See first page), and the Karim Rashid Building (See first page).
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Karim Rashid Building Breaks Ground; 10 Bond in Contract

KARIM RASHID BUILDING UPDATE:

EAST HARLEM—HAP Investments announced today the absolutely bonkers Karim Rashid-designed building at 329 Pleasant Avenue, which they have named HAP 5, has broken ground. "HAP 5 is destined to be a unique residential building and a great addition to this East Harlem neighborhood. We look forward to progress on construction and are excited to again partner with Karim Rashid on creating another premier New York City property," said Eran Polack, the company's CEO.

10 BOND UPDATE:

NOHO—It probably flew under the radar this morning in a story mostly about a neighboring site, but after units in the Annabelle Selldorf-designed 10 Bond Street hit the market at the beginning of this month, three of the 11 total apartments have already entered contract, according to Streeteasy. A $7.75 million 3BR, $7.35 million 3BR, and $5.1 million 2BR are all in contract, while three other listed units, ranging in price from $4.55 million to $6.9 million, are still available. The other four have yet to be listed. Construction on the building is up to the second story.

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Both Sources: http://ny.curbed.com/archives/2014/0...n_contract.php

[chris08876]

South Bronx Lot Asks $3M

A tiny 4,100 square foot lot in the Lower Concourse Rezoning District of the Bronx is currently listed for a whopping $3,000,000. The property at 100 East 149th Street at Exterior Street is located just across from the the Special Harlem River Waterfront District and at the foot of the 145th Street Bridge into Manhattan. With a zoning of M1-4/R8A, the site can be developed into a 10-12 story residential building.

Immediately adjacent to the property is 110 East 149th Street which was listed by Pinnacle Realty but according to their offices, it is no longer available and slated for development into affordable housing. The square foot potential of that site is anywhere from 52,000 to 300,000 square feet.

500 Exterior Street



Meanwhile, on the south end of the same block is 500 Exterior Street where an 11 story hotel is to be constructed according to permits filed with DOB posted at the site. Per the project manager of Michael Kang Architects who is spearheading that project, no franchise has been selected for the hotel at this time.

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http://www.welcome2thebronx.com/word...for-3-million/

[chris08876]

This building posted several months ago received an update recently on the design.
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Originally Posted by chris08876

Construction Updates on projects posted earlier: 10 Bond (See first page), and the Karim Rashid Building (See first page).
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Karim Rashid Building Breaks Ground; 10 Bond in Contract

KARIM RASHID BUILDING UPDATE:

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Update:

"Maybe with a different color people will think it is part of the neighborhood," HAP Investments' Eran Polack said last month of the ill-advised Karim Rashid-designed building that his company is constructing in East Harlem. The new color scheme debuted today, and, going by the rendering, it looks like HAP is also hoping that it will fit in more if you can't see what the surrounding buildings look like. The winning design (out of five choices) in HAP's online poll is white with magenta trim (or, as they put it, "Translucent Cirrus with graduated Magenta balcony trim"). 297 votes were cast, leading the Wall Street Journal to declare that the people of East Harlem "are OK with white balconies trimmed in magenta."

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October 7, 2014
http://ny.curbed.com/archives/2014/1...lor_palate.php

[Hypothalamus]

Up-zoning is one of my most favorite things There's sooo many corners on Broadway that could be redeveloped.

NY Daily News:

Proposal could clear way for tall buildings in northeast Brooklyn
Borough President Eric Adams says the Broadway corridor is ripe for development as Mayor de Blasio prepares to roll out housing plan.

BY DOYLE MURPHY
Thursday, May 1, 2014, 7:45 PM

A 4-mile stretch of Broadway could open to developers looking to build tall in exchange for adding affordable housing under a new proposal, the Daily News has learned.

Borough President Eric Adams filed a recommendation last Friday with the City Planning Commission that, if approved, would allow developers to build up to 10 stories along a stretch that includes Bushwick, Williamsburg and Bed-Stuy.

“This is going to be prime real estate,” Adams said. “We can’t create new land, but we do have lots of air rights.”

Spurred by Mayor de Blasio’s forthcoming plan to increase the number of affordable apartments across the city by 200,000, Adams and his staff plan to target neighborhoods that could handle denser populations.

The targeted area would include the Brooklyn-Queens Expressway and Broadway Junction, cutting along Bushwick, Williamsburg, Bedford-Stuyvesant and Ocean Hill.

Adam’s recommendation was tucked into his response to the proposed Henry Apartments, a six-story, mixed-use housing project in Ocean Hill currently under review. The project is scheduled for public hearings on May 7 before the City Planning Commission, which will vote on the issue later.

Adams, who grew up on Gates Ave. near Broadway, envisions complexes designated for a mixture of incomes — 50 percent market rate, 30 middle and 20 low-income — populating neighborhoods scarred by blackouts and riots in the 1970s.

[...]

Adams plans to meet with elected officials, such as Espinal, after the mayor reveals his housing plans.

Adams said he expected some pushback but suspects that most residents will agree on the need for affordable housing.

“I think we’re going to come together and say ‘build, baby, build,” Adams said.

[chris08876]

Mega-developer acts small in Brooklyn

JDS Development Group is intent on placing its bets on both sides of the East River. Best known for its properties in Manhattan, including its recently completed Walker Tower in Chelsea, where a penthouse sold for just north of $50 million, the company recently—and a bit more quietly—closed on the purchase of a $6 million assemblage of properties on the corner of Baltic Street and Fourth Avenue in Park Slope, Brooklyn. There it aims to build a 65,000 square foot residential and retail building. Meanwhile JDS is eyeing a series of development sites elsewhere in the borough.

True, the size of the developer's latest project in Brooklyn pales in comparison to its super-slender, 1,350-feet-tall tower under construction at 111 W. 57th St. in Manhattan, but according to Michael Stern, JDS's managing partner, it is part of a longer strategy for development outside of Manhattan.

"We like to have a diversity in our portfolio," Mr. Stern said, noting that his firm has already been involved in several smaller-scale Brooklyn developments. Among those is a rental property JDS Development built and sold across the street from its latest development site. He also noted that he has several more projects both large and small in the pipeline in the borough. Part of the push in Kings County comes as a result of the continuing skyrocketing of land prices in Manhattan.

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http://www.crainsnewyork.com/article...ll-in-brooklyn

[chris08876]

De Blasio talks about affordable housing, and some of his goals/agenda:

Length: 12 minutes

BloombergTV

Video: http://www.bloomberg.com/video/mayor...I3ysuqkxQ.html

May 1 (Bloomberg) -- On “Charlie Rose,” a conversation with Bill de Blasio. He is the 109th and current Mayor of New York City. He has served in that role since January 1st, 2014. (Source: Bloomberg)

[Hypothalamus]

This is on the east side of the Hudson River north of the Tappan Zee bridge!

The Real Deal:

Longtime Lehman partner buys old GM plant in $1B deal
SunCal to build 1,177-apartment complex in Westchester County, N.Y.

May 14, 2014 11:00AM
Mark Maurer


General Motors site in Sleepy Hollow, N.Y.

California-based developer SunCal Companies, a longtime partner of the now-defunct investment bank Lehman Brothers, bought a former General Motors assembly plant in Westchester County and a vacant Oakland, Calif., naval hospital. Combined, the two sites are valued at $1 billion.

SunCal, in a joint venture with Diversified Realty Advisors, wants to convert the GM-owned parcel in Sleepy Hollow, N.Y., into a 1,177-apartment complex. The 170,000-square-foot commercial component would include offices, a hotel and retail space. The plant has sat empty for more than 15 years.