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Articles by Max Gillespie

Rendering of Innovative Urban Village phase 1B. Designed by PAU

Innovative Urban Village in East New York Secures $314M In Construction Financing

7:30 am on April 18, 2025 By Max Gillespie

Gotham Organization, in partnership with Monadnock Development, the Christian Cultural Center (CCC), and Reverend A.R. Bernard, has secured approximately $314 million in construction financing to launch Phase 1B of the Innovative Urban Village (IUV) in East New York, Brooklyn. The financing package was arranged with support from the New York City Housing Development Corporation (HDC) and the Department of Housing Preservation and Development (HPD). Designed by Practice for Architecture and Urbanism (PAU), the 10.5-acre site is being transformed into a mixed-use affordable housing development.

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Baisley Pond Park Residences in Jamaica, Queens via NYC Housing Connect

Leasing Launches for Baisley Pond Park Residences at 143-06 135th Avenue In South Jamaica, Queens

7:30 am on April 17, 2025 By Max Gillespie

RiseBoro Community Partnership and Slate Property Group have launched leasing at Baisley Pond Park Residences, a redevelopment project at 143-06 135th Avenue in South Jamaica, Queens. The project involves the conversion of the former JFK Hilton Hotel into 318 affordable apartments, including supportive units for formerly homeless residents. Designed by Aufgang Architects, it is the first hotel-to-housing conversion completed under New York State’s Housing Our Neighbors with Dignity Act (HONDA).

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Rendering of 50 and 55 Hudson Street, via MHS Architects

$331 Million Construction Loan Secured For 50 Hudson Street In Jersey City, New Jersey

7:30 am on April 16, 2025 By Max Gillespie

Tishman Speyer has secured a $331 million construction loan to begin development on 50 Hudson Street, the second phase of a two-tower residential project in Jersey City, New Jersey. The 40-story tower is planned to deliver 924 rental apartments, 10,000 square feet of ground-floor retail, and a new public plaza connecting to the Hudson River esplanade. The building was designed in collaboration with Handel Architects, Marchetto Higgins Stieve Architects, Hollander Design, Melillo Bauer Carman, and Michaelis Boyd.

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Rendering of Hudson Yards, via hudsonyardswest.com

Hudson Yards West Receives Approval From NYC Planning Commission

7:00 am on April 14, 2025 By Max Gillespie

Hudson Yards West, a mixed-use development led by Related Companies, Oxford Properties Group, and Wynn Resorts, has received approval from the New York City Planning Commission, moving the proposal into the final phase of the City’s Uniform Land Use Review Procedure (ULURP). Located in Manhattan’s Hudson Yards, the project aims to transform the West Side Rail Yard with a new resort and casino, housing, public green space, and other community-focused infrastructure.

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