Rabsky Group recently closed on $450 million in construction financing to complete 625 Fulton Street, a mixed-use high rise building in Downtown Brooklyn. Financing is provided by Madison Realty Capital and was negotiated by Galaxy Capital.
Empire State Development, a New York State-funded economic development agency, is now seeking funding from the United States Department of Transportation to complete a new offshore wind staging and assembly port in Staten Island.
A trio of new renderings from INOA Architecture offer a first look at 500 Flatbush Avenue, a new seven-story mixed-use building in East Flatbush, Brooklyn. The corner lot previously sat vacant for years until local developer Daniel Halevy purchased the property under 510 Kingston Partners LLC.
Governor Kathy Hochul this week announced a $24 million pilot program aimed at reducing carbon emissions and improving overall energy performance of affordable housing developments in New York City. Participating agencies include New York City Department of Housing Preservation and Development (HPD) and the New York State Energy Research and Development Authority (NYSERDA).
Renderings from BDF Design illustrate a new mixed-use property at 2134 Coyle Street in Sheepshead Bay, Brooklyn. The proposed building will comprise just over 207,000 square feet with a mix of market-rate and permanently affordable housing, ground-floor retail, and two levels of sub-grade parking designed to accommodate up to 195 vehicles.
