The Real Deal New York

Top 10 biggest real estate projects coming to NYC

The largest development, in East New York, will span over 300K sf

September 09, 2016 07:00AM
By Kathryn Brenzel

From left: Rendering (via Yimby) and (inset: Born)

From left: Rendering of 869 East 147th Street (via New York YIMBY) and 515 West 42nd Street (inset: Richard Born)

The biggest real estate project proposed in August was a pair of affordable apartment buildings in East New York.

Arker Companies, one of the city’s most active affordable housing developers, filed plans for apartment buildings at 911 Erskine Street and 11629 Seaview Avenue, which would collectively span 313,334 square feet. That makes this project the month’s largest proposed project, according to The Real Deal‘s analysis of Department of Buildings filings. Arker’s project was followed by BD Hotels’ plans for a site in Hell’s Kitchen, where the Richard Born-led company plans to build a 281,347-square-foot mixed-use building.

The largest projects proposed last month were pretty evenly spread between Manhattan, Queens, Brooklyn and the Bronx. Most of the projects include a residential component, and nearly half of the top 10 include an affordable housing component.

911 Erskine Street and 11629 Seaview Avenue, Brooklyn 

Arker Companies TRData LogoTINY plans to build a nine-story, mixed-use building at 911 Erskine Street and a six-story apartment building at 11629 Seaview Avenue in East New York, DOB filings show. The Erskine Street building will span 251,285 square feet and have 267 apartments. The building would also include 34,538 square feet of retail space on the ground floor.

The Seaview Avenue building will feature 65 apartments across 62,049 square feet.

515 West 42nd Street, Manhattan

BD Hotels filed plans to build a 281,347-square-foot mixed-use building in Hell’s Kitchen. The building will feature 350 apartments across 277,000 square feet and another 4,300 square feet of ground-floor retail, according to the DOB. The project will also include an outdoor garden, fitness room, game room, a common terrace and sky lounge on the 38th floor. The property is currently home to a Travel Inn Hotel. Handel Architects is the architect of record.

From left: Terrence Lowenberg and Todd Cohen of Icon

From left: Terrence Lowenberg and Todd Cohen of Icon

301 East 80th Street, Manhattan  

Icon Realty Management owned this development site on the Upper East Side for four years before filing plans for a mixed-used building last month. The 30-story tower is expected to span 208,545 square feet and include 63 apartments, as well as 8,945 square feet of commercial space.

869 East 147th Street, Bronx

A 13-story affordable apartment building is planned for the Mott Haven section of the Bronx. Radson Development filed plans for a 144,749-square-foot building, which will include 167 apartments. The site is currently zoned for manufacturing, but Radson is trying to rezone it to permit mixed-use development, New York YIMBY reported. If a rezoning is granted, it could pave the way for an additional 366 residential units. Magnusson Architecture and Planning is designing the project.

2880 Exterior Street, Bronx
Storage Deluxe filed plans for a five-story storage facility in Kingsbridge. The building will span 124,328 square feet and will be designed by Butz Wilbern.

45-57 Union Street, Queens  

The city is planning to build a new school at 45-57 Union Street in Flushing. The 121,771-square-foot school is planned for a site near P.S. 24 Andrew Jackson School. Permit applications filed with the DOB show that the five-story building will have a “rooftop play area.” Massa Multimedia Architecture is designing the school.

Infinity Real Estate managing partner Steve Kassin and 1715 East 13th Street in Sheepshead Bay

Infinity Real Estate managing partner Steve Kassin and 1715 East 13th Street in Sheepshead Bay

1715 East 13th Street, Brooklyn

In June, Target inked a lease for 38,000 square feet at a development site in Midwood, owned by Infinity Real Estate and Nightingale Properties. Two months later, the developers filed plans for a five story building on the site, which will span 88,992 square feet. The building will include retail space on the cellar level, first floor and second floor. The third and fourth floors will have office space. Infinity and Nightingale paid $79.1 million for the site and an adjacent building in 2014. A parking garage currently occupies the site.

127-10 Locust Manor Lane, Queens

D&F Development Group filed plans for a 14-story apartment building last month, adding to a large residential project it’s currently building in Jamaica. The project would be part of the developer’s Locust Manor Estates, a four-building affordable housing rental complex, Yimby reported. The new building — which will be the complex’s fifth — will span 84,382 square feet and have 82 units.

2865 Creston Avenue, Bronx 

Developer Project Renewal, a nonprofit that builds housing for the homeless, filed plans last month for a 118-unit apartment building in Bedford Park. The supportive housing complex will span 75,260 square feet and rise 13 stories, according to DOB filings. Edelman Sultan Knox Wood, a firm that specializes in designing supportive and subsidized housing, is the architect of record.

133-04 39th Avenue, Queens 

The Asian Americans for Equality Community Development Fund plans to build a seven-story commercial building at 133-04 39th Avenue in Flushing. The 61,128-square-f00t building will feature retail on the ground floor and a 18,142-square-foot community center.

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