Last month the number of residential units developers filed new building plans for in New York City declined slightly compared with the prior two months, but the number of units filed in conversions rose to its highest level in seven months. Real estate investors are closely watching the development filings to see the reaction to the new 485x tax incentive signed into law in late…
Jack Wolcowitz submitted a new building construction project for a 65-unit, 29,595 square-foot residential (R-2) building at 111 South 6th Street in Williamsburg, Brooklyn, that would be just south of the Williamsburg Bridge and partially fronting Bedford Avenue. The plan was filed with the New York City Department of Buildings on May 28, 2024 under job number B01053863. It calls for the construction of a…
Cheskel Schwimmer of Chess Builders submitted a new building construction project for a 56-unit, 53,307-square-foot residential (R-2) building at 555 West 45th Street. The plan was filed on May 23, 2024. It calls for the construction of a 66-foot tall, seven-story building and was filed with the New York City Department of Buildings under job number M01039403. The architect is S. Wieder Architect P.C. The…
George Xu’s Century Development Group submitted a $118.9 million condominium plan for its development at 11-36 45th Road in Long Island City, Queens, known as the Vesta Condominium. The plan was filed by MPS TWO, LLC to create 115 residential units and 1 commercial units in a building at 11-36 45th Road in Long Island City, Queens, called Vesta Condominiumthat has a $118.9 million sellout,…
The Wu family’s ZD Jasper Realty through the entity ZDJ 36 LLC filed a condominium plan to create 52 residential and two commercial units in a building at 439 West 36th Street in Hudson Yards, Manhattan, called 439 W 36th Street Condominium, according to a May 13, 2024, submission to the New York State Attorney General. The principal of the sponsor, ZDJ 36 LLC, was…
Affordable housing developer L+M Development Partners submitted a new building construction project for a 328-unit, 356,813 square-foot residential (R-2) building at 1225 Gerard Avenue in Concourse, Bronx. The plan was filed with the New York City Department of Buildings on May 17, 2024 under job number X01023907. It calls for the construction of a 17-story building. The project is described in the filing as: new…
Ridwan Kabir submitted a new building construction project for a 36-unit, 27,878 square-foot residential (R-2) building at 177-06 Wexford Terrace in Jamaica Estates, Queens. The plan was filed with the New York City Department of Buildings on May 13, 2024 under job number Q01049852. It calls for the construction of a nine-story building. The project is described in the filing as: filing nine-story, multifamily building…
A developer through the entity 400 Thatford Residence LLC submitted a major alteration application to create 70 residential units and add a floor to what is now a two-story 16,740 square-foot commercial (COM) building at 400 Thatford Avenue in Brownsville, Brooklyn. The new building will have 24,081 square feet of zoning floor area. The development entity is in care of an address developer Simon Kaufman…
The affordable housing nonprofit Grand Street Guild through the entity Grand Street Guild East HDFC submitted a new building construction project for a 191-unit, 141,967 square-foot residential (R-2) building at 145 Broome Street in the Lower East Side, Manhattan. The plan was filed with the New York City Department of Buildings on April 30, 2024 under job number M01003420. It calls for the construction of…
Cornelia Narovici of the Acacia Network submitted a new building construction project for a 152-unit, 101,539 square-foot residential (R-2) building at 1356 Fulton Avenue in Morrisania, Bronx. The plan was filed with the New York City Department of Buildings on April 23, 2024 under job number X01028199. It calls for the construction of a nine-story building. The project is described in the filing as: New…
Blue Sea Development Company partner Les Bluestone through the entity Brownsville Arts Owner LLC submitted a new building construction project for a 283-unit, 248,438 square-foot residential (R-2) building at 366 Rockaway Avenue in Brownsville, Brooklyn. The plan was filed with the New York City Department of Buildings on April 18, 2024 under job number B01007946. It calls for the construction of a nine-story building. The…
Martin Dunn of Dunn Development through the entity Bronx Affordable Holdings LLC submitted a new building construction project for a 120-unit, 78,623 square-foot residential (R-2) building at 1848 Vyse Avenue in East Morrisania, Bronx. The plan was filed with the New York City Department of Buildings on April 19, 2024 under job number X01027307. It calls for the construction of a 11-story building. The architect…
Zhidong Wu’s, ZD Jasper Realty plans 25 residential units at 171 East 86th Street in Carnegie Hill, Manhattan, which is a corner development parcel long-occupied by Papaya King that Wu purchased from Gary Barnett’s Extell Development last fall, as PincusCo was the first to report. The site also has the address 1530 Third Avenue. ZD Jasper Realty is a Great Neck-based developer with projects in…
UPDATED 7:55 a.m., May 30, 2024: Cheskel Schwimmer’s Chess Builders filed plans for a new 12-story, 132-unit residential (R-2) building in Hell’s Kitchen, Manhattan, at 622 11th Avenue, on a parcel he acquired from Extell Development, Bluestone Group and Princeton Real Estate Partners for $33.2 million through the bankruptcy of a portfolio formerly owned by a long-time lumber supplier and strip club owner, Robert Gans….
Barone Management, led by Scott Barone, filed an application with the city seeking an upzoning in order to develop an eight-story, 287,316-square-foot building with approximately 247 units at 217-14 24th Avenue in Bay Terrace, Queens. According to the filing, 30 percent of the units would be permanently affordable through the Mandatory Inclusionary Housing program. Documents filed with the city show 236 units, while the city’s…
The French luxury retail giant LVMH, which owns brands such as Tiffany & Co., Louis Vuitton and Loewe, filed plans March 13, 2024, to demolish the one-story retail store now home to the holding company’s watch brand Hublot, city records show. This was expected as part of a plan to create a new flagship store at the adjacent parcel at 1 East 57th Street, at…
Manouchehr Ashourzadeh submitted a new building construction project for a 22-unit, 19,278 square-foot residential (R-2) building at 88 East 2nd Street in East Village, Manhattan. The plan was filed with the New York City Department of Buildings on March 8, 2024 under job number M01010741. It calls for the construction of a seven-story building. The architect is Gerald Caliendo Architects. The project is described in…
Lemle & Wolff Companies, by its principal Anivelca Cordova, submitted a new building construction project for a 178-unit, 95,238 square-foot residential (R-2) building at 1020 Beach 19th Street in Far Rockaway, Queens. The plan was filed with the New York City Department of Buildings on March 8, 2024 under job number Q01014357. It calls for the construction of a nine-story building. The project is described…
Foxy Development, led by Jeff Fox, in partnership with the property owners SYU Properties, Top Rock Holdings and RJ Capital Holdings, filed plans for a 145-unit conversion of the former Parkway Hospital at 70-35 113th Street in Forest Hills, Queens. This is the first part of the redevelopment of the site which includes the currently six-story hospital building and an adjacent vacant lot. The 145…
Joel Braver of Express Builders submitted a new building construction project for a 371-unit, 227,085 square-foot residential (R-2) building at 498 Columbia Street in Red Hook, Brooklyn. The plan was filed with the New York City Department of Buildings on March 6, 2024 under job number B00830930. It calls for the construction of a eight-story building. The project is described in the filing as: new…
