Retail

260 South Street

66-Story, 1,400-Unit Mixed-Income Residential Tower Planned at 260 South Street, Lower East Side

Two Bridges Associates (a partnership between L+M Development Partners and the CIM Group) filed pre-applications earlier this year with the Department of City Planning for a 66-story, 1,400-unit residential tower at 260 South Street, on the Lower East Side. The building, which is in the early stages of development, will encompass 1.1-million square feet and stand 718 feet in height, the Lo-Down reported. Twenty-five percent of the project’s residential units, or 350 apartments, will be designated as affordable housing. The structure would be built on an existing parking lot along South Street. An underground parking garage would be built to retain the spaces. In addition to a new tower, the project includes expanding the retail footprint on the ground floors of 265 Cherry Street and 275 Cherry Street, two existing 26-story residential towers (called Lands End II) with 491 apartments located on the northern end of the property. Rutgers Park, located on the western end, is also expected to see a renovation. It’s unclear whether the project requires approval via the city’s Uniform Land Use Review Procedure (ULURP).

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76 East Houston Street

Construction Wrapping on Two-Story, 3,000-Square-Foot Retail Building at 76 East Houston Street, NoHo

Construction is wrapping up on the two-story, 3,080-square-foot commercial-retail building under development at 76 East Houston Street, on the corner of Elisabeth Street in NoHo. A photo of the new building, which was just a single story above street level in February of 2015, can be seen in a Bowery Boogie update. The structure will host 2,928 square feet of commercial-retail space, according to the latest building permits. The ground floor will contain a 775-square-foot unit and the second floor will have a 680-square-foot unit, according to the aforementioned update. Amenities include a rooftop recreational area and storage space. Goldman Properties is the developer and TriBeCa-based Gary H. Silver Architects is the architect of record. Occupancy can probably be expected in the next few months.

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136 Jamaica Avenue

Three-Story, Two-Unit Mixed-Use Building Planned at 136 Jamaica Avenue, East New York

Property owner Juan Calderon has filed applications for a three-story, two-unit mixed-use building at 136 Jamaica Avenue, in the Cypress Hills section of East New York. The structure will measure 6,593 square feet. The ground floor will host 1,774 square feet of commercial-retail and 488 square feet of medical offices. There will be two full-floor residential units, averaging 1,035 square feet apiece, on the floors above. In addition, a two-car parking garage will be located in the cellar. Qiang Su’s Chinatown-based Su Architect is the architect of record. The 25-foot-wide, 2,306-square-foot property is currently vacant. The Alabama Avenue stop on the J/Z trains is five blocks away.

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101-01 Roosevelt Avenue

Two-Story, 4,000-Square-Foot Retail Building Filed at 101-01 Roosevelt Avenue, North Corona

Queens-based property owner David Mehrara, doing business as an anonymous LLC, has filed applications for a two-story, 3,990-square-foot commercial-retail building at 101-01 Roosevelt Avenue, in North Corona. The structure will contain a total of six retail units, averaging 408 square feet apiece, across both floors. The structure will be topped by a roof terrace. Dju La Lukovic’s Astoria-based DJL Architect is the architect of record. The 39-foot-wide, 1,323-square-foot property is currently occupied by a two-story residential structure. Demolition permits haven’t been filed. The site is directly below the 103rd Street-Corona Plaza stop on the 7 train.

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609 Broad Street

Nine-Story Building Constructed as Part of 160-Unit Mixed-Use Redevelopment, 609 Broad Street, Newark

L+M Development Partners’s mixed-use conversion of the four-story, 400,000-square-foot Hahne & Co. building, located at 609 Broad Street, at the corner of New Street in downtown Newark, is in the final stages of construction. Photos of the construction progress can be seen in a Jersey Digs report. Construction appears to have wrapped on the outside of the existing four-story structure, which will contain a mix of residential, retail, office, and community space. A new nine-story building — located at the corner of Halsey and New streets — is currently receiving its façade. The new construction component will feature ground floor retail space and residential units above. Between the two building, there will be 75,000 square feet of retail space, 160 apartments (40 percent of which will be set aside as affordable housing), and 100,000 square feet of community and community use space (50,000 square feet of which will be institutional and dedicated to Rutgers University). Whole Foods Market is expected to open their new 30,000-square-foot store in the building in 2017, which is when the rest of the project should be complete.

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