Park Tower Group, on June 25, was given a permit for construction of a 374-unit, 318,639-square-foot mixed-use building at 35 Commercial Street in Greenpoint, Brooklyn. Guy Morton, vice president of construction at Park Tower Group, filed the plans. The plans, pre-filed on April 3, 2020, call for the construction of a 213-foot tall, 22-story mixed-use building. The project is described in the filing as: new…
The New York City Housing Authority, on June 25, was given a permit for construction of a 201-unit, 136,017-square-foot residential building at 1001 Thieriot Avenue in Soundview, the Bronx. Xenolith Partners, the Kretchmer Companies, ELH Mgmt., and JASA are all part of the development team, according to Yimby. In May of last year, The New York City Housing Authority filed a zoning lot description to…
New York City School Construction Authority, on June 25, filed a permit application for construction of a 42,393-square-foot school building at 348 Deisius Street in Huguenot, Staten Island. The plans call for the construction of a 58-foot tall, three-story building. The project is described in the filings as: PS5R herewith filing three-story new school building. According to the plans, the ground floor of the building…
Related Companies, on June 24, was given a permit for a $15 million build-out of three floors of an office building at 415 Tenth Avenue, known as 50 Hudson Yards, in Hudson Yards. The plans were part of a series of permit applications filed for $65 million of work at the building last November. The developer recently received a permit for a $20 million build-out of…
Sachs Companies through the entity 155 East Property LLC as borrower signed a refi loan with lender Prime Finance Partners through the entity Prime Finance Short Duration Holding Company II LLC valued at $81.2 million for three properties including the 56-unit office building (O6) at 155 East 55th Street in Plaza District, Manhattan, 79-unit rental (D6) at 65 West 55th Street in Plaza District, Manhattan,…
Watchmaker Rolex, on June 23, filed a permit application for construction of a 155,883-square-foot commercial office building at 665 Fifth Avenue in the Plaza District of Manhattan. Robert Kaden, Director of facilities at Rolex, filed the plans. A 2020 PincusCo analysis exploring how Covid-19 could impact Fifth Avenue identified the Rolex Building as having the 17th most feet of frontage on the Avenue. The project,…
Lendlease, on June 22, filed a permit application for construction of a 477-unit, 437,596-square-foot mixed-use building at 1 Java Street in Greenpoint, Brooklyn. Isaac Henderson, development director at Lendlease, filed the plans. The developer first released plans for the project with partner Aware Super back in 2018. At the time, the project was estimated to have a value of $718 million. Lendlease then released more…
L+M Development Partners and the National Black Theater, on June 22, filed a permit application for construction of a 222-unit, 203,519-square-foot mixed-use building at 2033 5th Avenue in Central Harlem of Manhattan. Lisa Gomez, Chief Operating Officer and Partner at L+M, filed the plans. Last year L+M Development signed a $32 million development agreement with National Black Theater at the site. According to a PincusCo…
The city’s Department of Housing Preservation and Development is seeking zoning changes to develop two new buildings and facilitate the enlargement of two existing buildings which would provide roughly 553 units of affordable and senior housing. The changes would also allow for three units for superintendents, community facility uses, retail spaces, and the on-site replacement of the 200-bed Kleiman Residence homeless shelter. The development site…
Darwin Torres, on June 22, filed a permit application for construction of a 59-unit, 35,989-square-foot residential building at 1771 Weeks Avenue in Tremont, the Bronx. The property was acquired for $2.9 million on May 25, 2021. The plans call for the construction of a 74-foot tall, eight-story residential building, and were filed with the New York City Department of Buildings under number X00544328. The development…
Efraim Weber, on June 22, was given a permit for construction of a 124-unit, 88,368-square-foot mixed-use building at 963 Atlantic Avenue in Clinton Hill. The permit issued was a new building permit. The developer received initial foundation permits in April. The plans, pre-filed on September 16, 2019, call for the construction of a 95-foot tall, nine-story building. The project is described in the filings as:…
Charles Farina as filing representative, on June 22, filed a permit application for construction of a 34,998-square-foot health care facility at 2175 Richmond Avenue in Staten Island. The plans call for the construction of a 47-foot tall, three-story building, and were filed with the New York City Department of Buildings under number S00508747. The development site spans one tax lot. The project is described in…
New York City School Construction Authority, on June 22, filed a permit application for construction of a 54,230-square-foot school building at 195-15 73rd Avenue in Fresh Meadows, Queens. The plans call for the construction of a 58-foot tall, four-story building. The project is described in the filings as: new four-story building at PS 26Q. Per the plans, the ground floor of the building will have…
By Atticus O’Brien-Pappalardo This report is part of a series of reports looking at development in NYC real estate from January 2020 through May 2021. New York City developers filed plans for 3.4 million square feet of new office buildings since the start of 2020, with Extell Development and NYC Health + Hospitals leading the way with 548,902 square feet and 605,574 square feet of…
By Atticus O’Brien-Pappalardo This report is part of a series of reports looking at development in NYC real estate from January 2020 through May 2021. Hotel developers have filed 32 new building plans for 5,561 new hotel rooms since the start of 2020, with Gary Barnett’s Extell Development topping the list with 1,604 units filed in three plans. Those plans accounted for more than 2.1…
By Atticus O’Brien-Pappalardo This report is part of a series of reports looking at development in NYC real estate from January 2020 through May 2021. Since the start of 2020 there have been over 1,500 residential NB plans filed with the NYC DOB calling for a total of 32.6 million square feet of total construction and 36,596 residential units. Over the same period of time,…
By Atticus O’Brien-Pappalardo This report is part of a series of reports looking at development in NYC real estate from January 2020 through May 2021. The volume of Brooklyn condominium development continued to be strong during the first half of 2021 compared with Manhattan and Queens. Through May of this year, 78 plans were submitted in Brooklyn for over 1,100 residential units. During the same…
Yoel Klein through the entity Honeywell Gardens LLC, on June 21, filed a permit application for construction of a 43-unit, 36,346-square-foot mixed-use building at 2026 Honeywell Avenue in Tremont, the Bronx. The plans call for the construction of a 71-foot tall, six-story mixed-use building, and were filed with the New York City Department of Buildings under number X00538598. The development site spans four tax lots….
Ephraim Scherman through the private school Bais Brocho D’Karlin Stolin, on June 21, was given a permit for construction of a 33,446-square-foot school building at 4310 10th Avenue in Kensington. The plans, pre-filed on June 11, 2020, call for the construction of a 72-foot tall, five-story building. The project is described in the filings as: proposed five-story community facility building filed as a single zoning…
Cun Chen through the entity 811 Tower LLC, on June 21, filed a permit application for the demolition of a building at 817 45th Street in Kensington, Brooklyn. The property was acquired for $2.3 million two months ago, on April 16, 2021. The plans call for the demolition of a two-story building. The project is described in the filings as: full demolition of two-story residential…
