Back in December, Slate Property Group bought the former Green Point Savings Bank at 856 Washington Avenue in Prospect Heights for $6,500,000. Now new building applications have been filed to erect a 14-story condo project on the site between Lincoln Place and Eastern Parkway.
When a storm surge slammed into Aimann Youssef’s house on Midland Avenue in Staten Island during Hurricane Sandy, he was devastated. Nearly three years later, the 45-year-old Syrian immigrant is taking steps to rebuild his house at 481 Midland Avenue, even if he can barely afford it. Tribeca-based AB Architekten, headed by Alex Blakely, created a simple, modern design for the two-family home.
Development is on fire in the Mott Haven section of the South Bronx, but yesterday’s filings brought the largest ground-up project the neighborhood has seen in decades. Williamsburg-based builder Cheskel Schwimmer filed new building applications for a 25-story residential development at 198 East 135th Street, next the Major Deegan Expressway, the Park Avenue Bridge, and the Third Avenue Bridge.
Rockrose closed on $270 million worth of financing last month for its two-tower, 974-unit development at 43-25 Hunter Street in Long Island City, and now the complex is rising fast near Court Square and Sunnyside Yards.
Jamaica’s housing market is slowly recovering, and the latest sign of new growth comes in the form of a six-story apartment building planned at 153-11 90th Avenue, between Rufus King Park and Parsons Boulevard in downtown Jamaica.
