A $30 million loan has been secured for the acquisition and predevelopment of 110 East 16th Street, a 22-story mixed-use residential building in Gramercy, Manhattan. Designed by Morris Adjmi Architects and developed by Pro-H Group, the structure will yield 52 condominium units in one- to four-bedroom layouts, as well as a collection of amenities. The property is located between Union Square East and Irving Place.
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Permits have been filed for a 25-story mixed-use building at 160 Pearl Street in Manhattan’s Financial District. Located between Wall Street and Pine Street, the lot is one block from the Wall Street subway station, served by the 2 and 3 trains. Israel Tishler of Revamp NYC is listed as the owner behind the applications.
A new partnership will turn NYC Ferry vessels into floating classrooms in the New York Harbor. Announced at the DUMBO Ferry Dock in Brooklyn Bridge Park by Billion Oyster Project, the New York City Economic Development Corporation, NYC Ferry, and operator Hornblower Group, the Floating Classroom program aims to bring more than 10,000 public school students onto the harbor each year. Under the agreement, Billion Oyster Project will serve as the Marine Restoration and Education Partner of NYC Ferry, a first for the system.
The affordable housing lottery has launched for 904 East 98th Street, a three-story residential building in Canarsie, Brooklyn. Designed by IMC Architecture and developed by Moshe Braver through Rockaway Equities NY LLC, the structure yields 27 residences. Available on NYC Housing Connect are seven units for residents at 40 to 100 percent of the area median income (AMI), ranging in eligible income from $37,989 to $135,700.
A new preliminary rendering has been revealed for 77 West 66th Street, a planned 86-story residential supertall skyscraper on Manhattan’s Upper West Side. Designed by Robert A. M. Stern Architects and developed by Extell, the 1,198-foot-tall structure is slated to yield 430 condominium units and more than 25,000 square feet of retail space. The project will also include a 187-vehicle parking garage and a collection of amenities. Stephen B. Jacobs Group is serving as the architect of record for the development, which is bounded by Columbus Avenue and West 66th and 67th Streets.
