Retail

One Journal Square

Tax Breaks Approved For One Journal Square’s 56-Story, 744-Unit Mixed-Use Tower, Jersey City

Officially proposed last summer, New Jersey’s Economic Development Authority has approved $93 million in tax breaks for Kushner Companies and KABR Group’s planned 56-story, 744-unit mixed-use tower at One Journal Square, in Jersey City’s Journal Square district. According to the Jersey Journal, WeWork is expected to lease 101,000 square feet of office space on seven floors, and 78,000 square feet of retail space is planned on the bottom two levels. A second tower is also reportedly in the works, although completion of the first is expected in the spring of 2018.

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No Go-Ahead from Landmarks to Replace Four-Story Building at 327 Bleecker Street, Greenwich Village

A four-story building dating back to well before the Civil War, but in quite the state of disrepair, won’t be demolished just yet. On Tuesday, the Landmarks Preservation Commission decided not to approve a proposal to demolish the structure at 327 Bleecker Street and replace it with a new four-story structure. While the commissioners did seem to be open to the demolition, especially given the endorsement of the Department of Buildings, the proposed replacement was not deemed appropriate.

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44-26 Purves Street, photo via TCSB

35-Story, 270-Unit Residential Tower Rises At 44-26 Purves Street, Long Island City

Excavation kicked off this past summer for the 35-story, 270-unit mixed-use building planned at 44-26 Purves Street, in Long Island City, and now the structure is finally rising, with concrete and rebar now to the second floor, per The Court Square Blog. Brause Realty and the Gotham Organization are developing, while FXFOWLE is designing. The project will also have 2,600 square feet of retail space on the ground floor. Completion is expected in late 2017, per on-site signage.

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810 East 147th Street

Single-Story, 3,120 Square-Foot Retail Building Planned At 810 East 147th Street, Woodstock

Mark Koplowitz has filed applications for a single-story, 3,120 square-foot commercial-retail building at 810 East 147th Street, in the South Bronx neighborhood of Woodstock. According to the filings, it will contain stores. The site is located three blocks north of the 6 train’s stop at East 134rd Street/St. Mary’s Street. Long Island-based Shahriar Afshari is the applicant of record.

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Public Comes Out Against Gansevoort Market Project at Landmarks Hearing

A plan to remake the south side of Gansevoort Street between Greenwich and Washington Streets got a big thumbs down from the public at a Landmarks Preservation Commission hearing on Tuesday. The plan from William Gottlieb Real Estate and Aurora Capital would bring more commercial and retail space to the block and would do so by demolishing two buildings and replacing them with new ones and modifying several others.

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