Zaha Hadid from above. Also, in the distance, Ellipse in JC. Along with all of the new mid rises complete, leasing or u/c for this stretch of the high line.
NEW YORK | 2409-2415 Arthur Avenue | FT | 6 FLOORS
Project: 2409-2415 Arthur Avenue
Quote:
Project Type: Mixed-Use Development
Client: AB Capstone
Location: 2409; 2411; 2413; 2415 Arthur Avenue in Bronx, NY
Project Status: In Progress
Size: 54,000 Square Feet – Nine Stories in Height
40 One- and Two- Bedroom Rental Apartment Units
Responsibility: Architectural Design
Engineering: Civil, Structural, Mechanical- Electrical-Plumbing & Fire Protection Engineering
Unique Aspects: Mixed-Use (Retail, Community Facility, Childcare and Student Housing) Development
In creating the premier homes at 118 Madison Street, Chartier Group, in partnership with Pintak Development, has set out to not only achieve LEED Gold Certification from the U.S. Green Building Council — a lofty goal unto itself — but to do so while crafting carefully considered, gorgeous living environments that surround residents in luxury and comfort. To that end, painstaking attention to detail has gone into constructing four energy-efficient duplex homes, each offering five bedrooms and three-and-a-half bathrooms across approximately 2,700 square feet of living space. And, for early buyers, the opportunity to choose select finishes, appliances and landscaping offers a level of customization that is rare in the Hoboken condo marketplace.
NEW YORK | 125 Edgewater Street | FT | 13 + 12 + 6 FLOORS
Project: 125 Edgewater Street
Quote:
The project on Edgewater Street will comprise of three buildings spread out over 18 acres of land. The three buildings will stand 13, 12, and six-stories respectively. The waterfront plot is currently zoned for manufacturing, and of the two proposals the developer has put forward, one would create 371 apartments, and the other 396.
In the first case, there would be more retail, hence the lower count on apartments. In either case, 20 percent of the apartments would be offered up as affordable units for families making 80 percent of the area median income, which works out to $78,336 for a family of three. There are also plans to create parking for 346 cars, and a public waterfront esplanade spanning 60,000 square feet.
If either of the proposals are approved, construction could get underway by fall of this year with an anticipated completion sometime in 2019.
The development is finishing up now and will feature two oversized duplex units, both over 2,500-square feet, and a 780-square foot commercial space on the ground floor. With the additional foot traffic residents walking to the park is expected to create, several other projects in the neighborhood are also including ground floor retail, which should help to better activate the streetscape.
Minervini Vandermark also drew up the plans for another property near the park that were approved last February. 100-108 Paterson Avenue, formerly home to an HVAC company, was razed late last year after being sold to a company called Southwest-1 Development LLC and will soon consist of an 8-unit residential building with 1,000-square feet of street level retail.
The lot, much like the Southwest Park itself, is irregularly shaped and has a severe angle at its corner, necessitating a unique design that incorporates roof decks and balconies. The development will be LEED Certified, feature five electric car charging stations and sport James Hardie Plank paneling on its exterior.
Urban Square Properties should break ground soon on 133 Monroe Street, which will be five stories tall and feature two duplex condominiums plus and landscaped rooftop deck. Approved by the Planning Board back in June, the retail component of this Minervini Vandermark-designed building will be significantly bigger, clocking in at 2,100-square feet.
Designed by Karl Fischer, the building has a brick, faux-industrial aesthetic that we’ve come to expect from many new construction buildings in Williamsburg and Greenpoint. The large, arched windows are clearly meant to mimic the look of the neighborhood’s aging factories, but the balconies and setbacks give the building a feel akin to a more suburban hotel.
The finished project will reach seven stories and hold 68 hotel rooms. Office space and retail will fill the first three floors, followed by 18 rooms on the fourth floor and 16 rooms each on the fifth through seventh floors.
The project will include 25,529 square feet of commercial space and 12,221 square feet of community facilities. The community facility essentially acts like a bonus on top of the commercial square footage, which is heavily restricted by the neighborhood’s low-density manufacturing zoning. Without that community facility space, the hotel would only span 25,000 square feet.
Construction is proceeding apace on Acadia Realty Trust’s upcoming residential building, 210 Bowery at the boundary of Nolita and the Lower East Side. The project scope includes four new floors atop a pre-existing 4-story building that decades ago held a flophouse and more recently a restaurant supplier. Arcadia picked up the site in 2012 for $7.5 million and has had a few hiccups since. While project details remain scarce, city permits show that inside will hold seven large, full-floor residences and a ground-level retail space.
City Realty came across a daytime rendering (above) of 108 Chambers, at the southwest corner of Church. “Building permits have only been approved for four of the project’s floors: two cellar levels and the first two floors holding two new retail spaces. The approved permits also show that Woods Bagot is the architect on record.” The nighttime rendering shows a Vitamin Shoppe and Starbucks opening on street level.
Apartments for as low as $736 per month are on their way to Mott Haven as part of a new affordable housing development that will include a fresh food grocery store.
The Park Haven project, which is being spearheaded by development company The Community Builders, should arrive at E. 142nd Street and St. Ann’s Avenue in Mott Haven by 2019 with a total of 166 units.
The majority — 80 percent — of the units will be for tenants earning 60 percent or less of area median income, while 20 percent will be for tenants earning 80 percent of area median income.
The Procida Development Group is planning to build 206 rental units in the South Bronx’s Parkchester neighborhood, according to the company.
The units would be spread across two separate buildings. A permit application for one of the buildings, located at 2047 Newbold Avenue, was filed with the Department of Buildings on Wednesday.
That building would span 96,767 square feet, and include 124 residential units and a 1,350-square-foot community facility. The second building next door on Westchester Avenue will span 74,262 square feet and will feature 82 units and just under 8,000 square feet of retail space, Procida’s Peter Procida said.
Half of the units will be reserved for people who earn at 60 percent and below the area median income. The other half is reserved for people who make 80 percent of the area median income. The complex would be financed by the city’s Department of Housing and Urban Development and the Housing Development Corporation.
Conforming to Hoboken’s trend of bigger spaces, it will consist of eight three-bedroom units and one two and four-bedroom apiece. Underground parking facilities will be included to hold up to 11 cars, and the building, when completed, will be one of the more ambitious environmentally-conscious projects in the area.
Per Bijou’s Pre-Submission Form, the project will include a white roof or “cool roof” that’s designed to reduce energy consumption, plus a thermal hot water heating system. A rain water harvesting retention system will also be featured in the development and two electric car charging stations will be built in the garage. The project will meet LEED Gold Certifications and “strive for LEED Platinum,” plus Passive House Certification will be obtained.
NEW YORK | 59-10 Decatur Street (Conversion to residential)
Project: 59-10 Decatur Street (Conversion to residential)
Quote:
Isaac Chetrit is planning to seek a rezoning of a 216,400-square-foot Ridgewood warehouse near the Bushwick border, in an effort to convert it to rentals, sources told The Real Deal.
In the next few months, Chetrit, who runs AB & Sons with his son Abraham and older brother Eli, would file an application with the Department of City Planning requesting a zoning alternation for the five-story property at 56-10 Decatur Street in Queens, now zoned for manufacturing use (M1-4D).
The owner would not expand the building as there is no additional square footage. The Chetrits hope the conversion would be complete by 2020, sources said. They had not yet determined how many apartments they would create, sources added.
Construction will start later this year on a 289-room hotel planned for the corner of Steinway Street and Northern Boulevard, on the site of the now-shuttered Western Beef supermarket, according to the developer.
JMH Development and Mettle Property Group will build the five-story project at 36-20 Steinway St., in what will be a "dual branded" hotel featuring a Homewood Suites on one side and a Hampton Inn on the other, according to a press release.
Both brands are owned by Hilton but cater to different customers: Homewood Suites is more upscale while Hampton Inn is described as a "mid-priced hotel" geared toward a more budget-conscious traveler, the developers said.
The building will have 187 Hampton Inn rooms and 102 Homewood Suites rooms, as well as a private roof deck, lobby bar and a fitness center.
The ground floor will also have 18,000 square feet of retail space, though the tenants have not been confirmed yet, according to a spokeswoman for the developers.
Construction is slated to start at the end of this year, and the hotel is expected to open in 2018.
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NEW YORK | 2409-2415 Arthur Avenue | FT | 6 FLOORS
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