YME Construction, on August 5, submitted a condominium plan for 24 residential units at 183 McGuinness Boulevard in the Greenpoint neighborhood of Brooklyn. The condo plan, CD210223, has a sellout price of $23.1 million with the New York State Attorney General. Shulem Jacobowitz is listed as the principal of sponsor. However, on YME Construction’s website and NYC DOB job filings, the developers name is listed…
Oxford Properties Group and the Canadian Pension Plan Investment Board, on August 5, filed seven plans for a total of $37.8 million of work at 550 Washington Street in Soho, Manhattan. The plans are part of the redevelopment of St. John’s Terminal as part of Google’s Hudson Square campus. The developers signed a loan agreement with lender Wells Fargo Bank valued at $368.4 million for…
The watchmaking company Rolex, on August 6, filed a permit application for the demolition of its 122,596-square-foot building at 665 Fifth Avenue in the Plaza District. The demolition will clear the 11,050-square-foot site for the construction of a 419-foot tall, 28-story, 155,883-square-foot commercial office building, which plans were filed for in late June. Per the plans, the ground floor of the building will have a…
Fetner Properties, on August 5, filed two permit applications for the demolition of two buildings at 268 West 96th Street and 270 West 96th Street in the Upper West Side neighborhood of Manhattan. The plans come five months after the developer filed plans to construct a 235-foot tall, 23-story, 124,591-square-foot mixed-use building with 171 dwelling units at the site. PincusCo first reported in 2019 that…
Redeemer Presbyterian Church, on August 6, filed a permit application for the demolition of a building at 150 East 91st Street in Carnegie Hill. The demolition of the existing 24-unit residential building will make way for the construction of a 44,918-square-foot community building, which the church filed plans for last month. The church acquired the property from GPG Properties for $29.5 million in August of…
Yaakov Lefkowitz, on August 4, filed a permit application for construction of a 35-unit, 23,173-square-foot residential building at 1677 Townsend Avenue in Tremont, the Bronx. The plans call for the construction of a 74-foot-tall, seven-story building and were filed with the New York City Department of Buildings under job number X00487406. The development site spans one tax lot. The project is described in the filing…
By Atticus O’Brien-Pappalardo The combined square feet of all new building projects filed with the city’s Department of Buildings increased significantly in June and July. The 3.9 million square feet of new construction filed in June was a yearly high before the 4.1 million square feet of new construction filed in July reset the mark. PincusCo used the total building square footage figures reported in…
The private equity conglomerate Blackstone, on August 4, filed a permit application for the demolition of a commercial building at 150-19 Guy R Brewer Boulevard in Springfield Gardens. The plans call for the demolition of a two-story building. The project is described in the filings as: full demolition of existing two-story commercial building. All exterior walls are independent. The property was acquired with four other…
InSite Property, on August 3, filed two permit applications for the demolition of two buildings at 131-21 14th Avenue and 131-01 14th Avenue in College Point, Queens. The developer recently purchased the development site for $15.2 million from Safeguard Self Storage. InSite then signed a construction loan with lender Valley National Bank valued at $33.8 million. There are active new building plans at the site,…
Iszchak Schwartz, on August 4, filed a permit application for construction of a four-unit, 8,808-square-foot residential building at 1168 46th Street in Kensington, Brooklyn. The plans call for the construction of a 45-foot-tall, four-story building and were filed with the New York City Department of Buildings under job number B00561509. The project is described in the filing as: new four-story and cellar, four-family building. According…
Shlomie Bierman, on August 4, filed plans for a $1.4 million project to double the size of a commercial building by adding community space at 4804 13th Avenue in Kensington, Brooklyn. The project will increase the building’s size to 18,686 square feet. The plans call for the increase in size of the building from a 25-foot tall, two-story building a 60-foot tall, four-story building. This…
L&L Holding Company, on August 4, filed plans for a $2.6 million build-out of one floor of a building at 425 Park Avenue in the Plaza District, Manhattan. The plans call for work on the 47th marketing floor of the 892-foot-tall, 42-story building and were filed with the New York City Department of Buildings under job number M00529225. The project is described in the filing…
By Atticus O’Brien-Pappalardo A recent survey from Partnership for New York City found that employers anticipate 29 percent of employees will have returned to the office by the end of July, and that by the end of September that number will jump to 62 percent. (That survey was made before the significant impact of the Delta Covid variant were felt. Twitter last week announced it…
By Atticus O’Brien-Pappalardo Last week Manhattan Community Board 2 resoundingly voted to reject the Soho/Noho rezoning that is being pushed by the de Blasio administration. While the Board does not have the ability to actually stop the rezoning, and the vote is simply a recommendation, it is still an obstacle for the public proposal which will eventually be decided in part by City Council members….
On August 2 plans were filed for a $7 million project to create a triplex penthouse that would reconfigure upper-floor units at Bill Ackman’s cooperative units at 6 West 77th Street in the Upper West Side of Manhattan. Douglas Elliman Property Management filed the plans. The building also has the address of 16 West 77th Street. Ackman paid $22 million for four co-op units, PHA,…
Temple Sinai at 71-11 112th Street in Forest Hills has partnered with Weber Real Estate and seeks to build a 153-unit building including 46 permanently affordable units and a new sanctuary, according to legal documents obtained by PincsuCo. The temple has partnered with Weber Real Estate to construct a new facility for the temple on the property. According to a petitioned filed in Queens State…
On July 29, a condominium plan was submitted for 29 residential units and one commercial unit at 131-19 Fowler Avenue in the Flushing neighborhood of Queens. The condo plan, CD210215, has a sellout price of $19.8 million with the New York State Attorney General. Jun Xu is listed as the principal of sponsor. In January of 2017, Jun Xu filed new building plans with the…
Brookfield Properties, on August 2, filed plans for a $9.4 million rehabilitation of one floor of a building at 250 Vesey Street in Battery Park City, Manhattan. The plans call for work on the 15th floors (16th marketing floor) of the 473-foot-tall, 33-story building and were filed with the New York City Department of Buildings under job number M00531186. The project is described in the…
SCI Builders Inc., on August 2, filed plans for a $2.4 million rehabilitation of a condo building’s exterior at 417 Hicks Street in Cobble Hill, Brooklyn. Frank Farella is the owner of the fee interest of the property, which he as landlord in 2008 leased for 49 years to Hudson Companies, which converted the building into a condo project called Cobble Hill Towers. The condo,…
Douglaston Development, on July 29, filed a permit application for construction of a 158-unit, 131,668-square-foot mixed-use building at 504 West 49th Street in Clinton, Manhattan. Joel Kolkmann, VP of land use and affordable development with Douglaston, filed the plans. The plans call for the construction of a 66-foot-tall, eight-story mixed-use building and were filed with the New York City Department of Buildings under job number…
