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Development

Development

Partnership Scoops Development in Untapped South Slope

535 Fourth Avenue. (Photo: Al Barbarino)

A partnership of Slate Property Group, Adam America Real Estate and AEW Capital Management has purchased the 99-year ground lease on a development site at 535 Fourth Avenue in South Park Slope, Brooklyn.

The trio plans a mixed-use development at the site, which housed Strauss Discount Auto before sitting dormant for several years, with up to 118,000 buildable square feet, 141 apartments and 200 feet of retail frontage. Read More

Development

Sam Chang’s Hotel ‘Promise’ to Rise in Midtown West

Sam Chang. (Credit: Wired New York)

Sam Chang will reportedly commence work on an 80-room Comfort Inn or Days Inn at 337 West 36th Street as part of a pledge to give his business associates a stake in a hotel before he retires.

Mr. Chang’s McSam Hotel Group could start construction on the 18-story lodgings in Midtown West as soon as six months from now after filing plans with the city last week. Read More

Development

City Planning Commission Approves Revised Domino Sugar Refinery Plan

Williamsburg's Domino Sugar Refinery.

Just two days after Two Trees buckled under pressure from the De Blasio administration to beef up the affordable housing component of the Domino Sugar Refinery redevelopment project, the City Planning Commission has unanimously approved the developer’s plans.

Two Trees had already agreed to go well beyond the 440 required units of affordable housing and build 660 units (out of the 2,300-unit total) at the site, but on Monday it sweetened the deal by raising that number to 700 (an additional 110,000 square feet). Read More

Development

New Jersey ‘Life Village’ to Assist Kids with Special Needs

A rendering of the "Life Village."

Avison Young is teaming with non-profit group the Friendship Circle to oversee the conversion and buildout of a new 45,000-square-foot state-of-the-art educational and therapeutic facility designed for youths with special needs.  

The “Life Village” facility, which will become the third “Life Town” facility of its kind in the country, will include a 12,000-square-foot town center, complete with a bank, grocery store, restaurants and much more.  Read More

Development

Bowl – No – Mor in the East Village?

Bowlmor

William Macklowe reportedly plans to replace Bowlmor Lanes and a parking garage at 110 University Place between 12th and 13th Streets with luxury condominiums.

Website EV Grieve called it “dreary news,” noting a mini-spree of new development occurring in the vicinity, adding that the demolition of the popular bowling alley, established on the property in 1938, could begin as early as this summer. Read More

Development

B2 at Barclay’s Gets First Module: See Video

photo (11)

Yesterday workers hoisted the first modular unit at the base of what will become the world’s tallest residential, modular building – the B2 at Barclay’s.

Today they dug into the ground at the site, continuing to lay the footing that will support the 322-foot building at the corner of Flatbush Avenue and Dean Street in Read More

Development

Silverstein Breaking Ground on Tribeca Four Seasons

Larry Silverstein

Silverstein Properties later this morning will celebrate a ground breaking ceremony for the 82-story tower that will feature a 185-room Four Seasons hotel at 30 Park Place in Tribeca after an announcement last week that it had secured financing for the project. 

The Tribeca building at Park Place and Church Street, slated to become Downtown’s Read More

Development

Condo Building Slated at Former Extell Hotel Site

68 Charlton Street

Angelo, Gordon & Co. is reportedly planning a 13-story condo development at 68 Charlton Street in Hudson Square, where Gary Barnett once intended to build a 35-story luxury hotel. 

The investment firm paid Mr. Barnett’s Extell Development $52 million for the site in June and has filed plans with the Department of Building for the 79-unit condo building designed by Read More

Development

100-Key Hotel Slated for Williamsburg

(Photo: socialmediatoday)

Synapse Capital is making preliminary plans for the development of a 65,000-square-foot building that would include a 100-key hotel with indoor/outdoor food and beverage space, ground-floor retail, and a 10-unit residential building, according to an announcement from the firms and subsequent reports.

Synapse Development Group LLC and Pan Brothers Associates closed on the land assemblage Read More