Given the pace of new development throughout the city, some would wonder if there could possibly be space for more in New York. On the contrary - there's always room and potential for a new building to take shape, and demand shows no sign of slowing. We take a look at some of the exciting new developments that are poised to transform their neighborhoods.
In this article:
20 Arion Place
Neighborhood: Bushwick
Building Type: Condominium
Following the purchase of neighboring air rights, this edgy new Bushwick building will tower over its nearest neighbors upon completion. The eight units will comprise four one-bedroom apartments and four duplexes with private balconies. Residents will enjoy high ceilings, abundant natural light, generous storage space, and a landscaped front courtyard with benches.
730 Hicks Street
Neighborhood: Red Hook
Building Type: Condominium
Red Hook has experienced quite a revitalization in recent years and welcomed an Ikea, a Fairway, and several new condominiums. The latest, a three-story, 15-unit boutique building, pays tribute to the neighborhood's industrial past with a brick and metal facade. It will be surrounded by gardens, and residential amenities will include parking and storage.
8101 3rd Avenue
Neighborhood: Bay Ridge
Building Type: Rental
A beautiful brick building is in store for Bay Ridge. The first floor will be devoted to either retail or community space, while the apartments on top will be flooded with natural light from oversized windows. Certain units will have private terraces, and all residents will have access to a shared rooftop garden. Completion is estimated for 2020.
1039 Coney Island Avenue
Neighborhood: Coney Island
Building Type: Rental
This six-story, mixed-use building is the latest example of Coney Island's comeback from Superstorm Sandy. According to permits filed with the city, residential amenities will include on-site parking, a bike room, an indoor lounge, and an outdoor terrace.
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517 Nostrand Avenue
Neighborhood: Bedford-Stuyvesant
Building Type: Condominium
Only one block from the Nostrand Avenue subway station, a modern new concept has been imagined for the corner of Herkimer Street. The rendering shows a clear division between retail and residential components, and several units have private balconies.
2746 Fulton Street
Neighborhood: Cypress Hills
Building Type: Rental
Intentions have changed for this East New York site since the two-family house was demolished, but the current plans call for a four-story, nine-unit residential building with a retail base to rise on the site. Some units have private balconies, and a percentage of units will be affordable via Mandatory Inclusionary Housing.
710 Third Avenue
Neighborhood: Midtown East
Building Type: Rental
Grand plans are in store for this vacant lot between East 44th and 45th Streets. Ownership has approved plans for a 17-story office building, but the development site could also accommodate a mixed-used commercial, residential, or hotel project. In any use, it benefits from being near Grand Central Terminal, the Chrysler Building, and United Nations headquarters.
499 Concord Avenue
Neighborhood: Bronx
Building Type: Rental
A new seven-story building is being imagined for this vacant Bronx lot. While renderings show oversized windows and private balconies, the site is across the street from St. Mary's Park with its fitness offerings, playgrounds, and dog run. It is also close to shopping, dining, and the 6 train.
334 Grand Concourse
Neighborhood: Bronx
Building Type: Rental
Two blocks north of the 138th Street 4/5 subway stop, a 14-story residential building is being planned. Rentals seem the likeliest, and the 213,000-square-foot project is estimated for completion in 2020.
3254-3258 Parkside Place
Neighborhood: Bronx
Building Type: Rental
As the rural landscape of the northern Bronx gives way to a more residential one, a set of seven-story buildings is set to transform the landscape. The two tall, slender buildings will have their own entrance lobbies and lounges, not to mention a 49-space parking garage and a bike room with room for 44.
Indigo Hotel, 25-10 42nd Road
Neighborhood: Long Island City
Building Type: Hotel
The building boom in Long Island City is not limited to residential - business and leisure travelers alike are coming to appreciate its easy access to Manhattan and a growing culinary scene closer to home. No two Indigo Hotel properties are exactly the same, given their inspiration from the local area, and this one will offer a rooftop bar, full-service restaurant, fitness center, and meeting space.
38-59 11th Street
Neighborhood: Long Island City
Building Type: Hotel
A 16-story, 116-key hotel is on the rise in a section of Long Island City with easy access to nearly a dozen public transportation options, but will still offer enclosed parking for guests. Developer Teddy Li is at the helm, and the prolific Gene Kaufman Architects has been named as the designer.
Would you like to tour any of these properties?
Just complete the info below.
Or call us at (212) 755-5544
Would you like to tour any of these properties?