The New York City Housing Authority (NYCHA) has formally announced its development partners who will help complete a major rehabilitation project at Edenwald Houses, one of the oldest and largest public housing developments in the agency’s portfolio. The portfolio comprises 40 residential buildings spread across 48 acres in the Edenwald section of The Bronx.
The Edgewater Planning Board this week granted approvals for one of the largest mixed-use developments along Jersey City‘s Gold Coast waterfront district. Located at 615 River Road in Edgewater, the 1.2 million-square-foot development includes three 25-story towers, 1,200 apartments, 20,000 square feet of commercial space, and several outdoor green spaces for public use.
L+M Development Partners, Bluestone Organization and Triangle Equities have closed on $30.3 million in financing to complete the first phase of Arverne East, a forthcoming master-planned community in the Rockaways.
The Roosevelt Island Operating Corporation has completed a major expansion of Southpoint Park, a waterfront public park on the southeast tip of Roosevelt Island. The $11 million revitalization project expands the island’s lookout points with pathways and native vegetation, and strengthens the shoreline against future storm damage.
Newman Design Group has revealed the first architectural renderings of a new eight-story mixed-use building in Boerum Hill, Brooklyn. Located at 98 Third Avenue, the building will contain a mix of market-rate rentals, affordable housing units, and ground-floor retail.
