Articles by Max Gillespie

Developers Secure Capitalization for 1,100-Unit Building at 175 Third Street in Gowanus, Brooklyn

Charney Companies and Tavros Capital have closed on construction capitalization for 175 Third Street, the fifth and largest building in the Gowanus Wharf masterplan in Gowanus, Brooklyn. Designed by Bjarke Ingels Group (BIG), the 27-story structure will span approximately 1.1 million square feet and deliver nearly 1,100 residences, with 25 percent of the apartments designated as permanently affordable. The property is located between 3rd Avenue and the Gowanus Canal.

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Hudson House West Nears Completion At 325 15th Street In Jersey City, New Jersey

Leasing has launched for Hudson House West, a 27-story residential tower nearing completion at 325 15th Street in Jersey City, New Jersey. Designed by Urban Architecture and developed by RXR, Columbia Property Trust, Strategic Value Partners, LLC (SVP), and One Investment Management (OneIM), the building contains 338 rental residences ranging from studios to three-bedroom homes, with select layouts offering bonus dens. The property is located between Coles and Monmouth Streets.

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Design-Build Team Selected For Modernization Of Unity Towers At 2007 Surf Avenue In Coney Island, Brooklyn

The New York City Public Housing Preservation Trust has selected Fifth Avenue Builders, LLC, as the design-build team for the modernization of Unity Towers, a 193-unit NYCHA development located at 2007 Surf Avenue in Coney Island, Brooklyn. The selection, approved by the Trust Board on June 10, marks a significant milestone in the renovation effort following residents’ August 2024 vote to join the Trust program. Fifth Avenue Builders is a joint venture between Urban Atelier Group and Camber Property Group.

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1920 Turnbull Affordable Housing Tower Set To Begin Construction In Soundview, The Bronx

Construction is set to begin on the first phase of 1920 Turnbull, a 22-story affordable and supportive housing development at 1920 Turnbull Avenue in Soundview, The Bronx. Designed by Magnusson Architecture and Planning and developed by Gilbane Development, Strada Development LLC, and the Center for Urban Community Services (CUCS), the nearly $170 million building will contain 228 affordable rental apartments, including 137 permanent supportive housing units for formerly homeless individuals and families. The property is located between Pugsley Avenue and White Plains Road.

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Related Companies to Expand Tribeca Park’s Affordable Housing at 400 Chambers Street In Battery Park City, Manhattan

The Battery Park City Authority and Related Companies have reached an agreement to preserve and expand affordable housing at Tribeca Park, a 27-story residential building at 400 Chambers Street in Battery Park City, Manhattan. Designed by Robert A.M. Stern and Costas Kondylis and developed by Related Companies, the property contains 396 units. The deal, structured as an amendment to the building’s ground lease, will preserve 81 existing affordable apartments and create 20 additional affordable units, bringing the total number of income-restricted residences to 101, or approximately 25 percent of the building’s housing stock.

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