Governor Andrew Cuomo this week unveiled a multi-billion dollar initiative to revitalize and rebuild infrastructure across New York State. Entitled “Reimagine | Rebuild | Renew,” the 2021 agenda is touted as the largest state infrastructure plan in the country and sets in motion the improvement of state roadways, public transportation, airports, and large swaths of Midtown, Manhattan.
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Construction is nearing topping out at 300 West Street, a 16-story mixed-use building in Chelsea. The structure will yield 80 residential units as well as ground-floor retail space. The project is designed by Studio C Architects and developed by Hiwin USA, which purchased the property from Salt Equities in May 2018 for $27.5 million. The site is located at the corner of Eighth Avenue and West 30th Street, a short walk away from number of transit hubs including Penn Station and the newly opened Moynihan Train Hall.
This week New York State Homes and Community Renewal, New York City Department of Housing Preservation and Development, and developer CAMBA Housing Ventures, an affiliate of CAMBA, Inc. announced the closing of construction financing to the tune of $164 million for an affordable and supportive housing development in Bedford Park, The Bronx. Located at 261 East 202nd Street and 270 East 203rd Street, the two 11-story buildings will be known as CHV 202nd and 203rd Street, and offer 323 residential units and supportive services to the formerly homelessness and seniors. Aufgang Architects is designing the project.
Permits have been filed for a seven-story mixed-use building at 23-33 Astoria Boulevard in Astoria, Queens. Located between 23rd Street and Crescent Street, the interior lot is west of the Astoria Boulevard subway station, serviced by the N and W trains. Perry Moradof under the Astocrest Holding LLC is listed as the owner behind the applications.
Exterior work is progressing on 28 & 7, a 12-story office building at 322-326 Seventh Avenue in Chelsea. Designed by Skidmore, Owings & Merrill and developed by Klövern AB and GDSNY, the structure will yield 105,000 square feet of commercial space leased by CBRE. Triton Construction is the general contractor for the project, which is located at the corner of Seventh Avenue and West 28th Street.
