A consortium of developers has successfully locked in $173 million in financing to construct a new 479-unit rental property in Chelsea. The new building will take shape at 241 West 28th Street, near Eighth Avenue, and is designed by COOKFOX.
The historic Park 79 Hotel on Manhattan’s Upper West Side will soon be home to a new deeply affordable senior housing property following the successful acquisition of construction financing to complete the project. Located at 117 West 79th Street near Columbus Avenue, the seven-story building will eventually comprise 77 housing units with on-site supportive and social services administered by Project FIND. The property will remain affordable for seniors for at least 60 years through a regulatory agreement with the New York City Department of Housing Preservation and Development.
Leasing has officially begun for DVORA 175, a 14-story rental building in downtown Jersey City. The new property is located at 175 Second Street at the verge of Jersey City’s Powerhouse Arts District, Hudson Exchanges, and The Waterfront neighborhoods.
The Landmarks Preservation Commission (LPC) will soon review proposals from Morris Adjmi Architects and Hope Street Capital to construct a seven-story residential building behind a historic church at 959 Sterling Place in Crown Heights, Brooklyn. Known today as the Hebron Seventh Day Adventist School, the structure was originally completed in 1889 and designated a New York City landmark in 2011.
The Watermark at Brooklyn Heights opened for occupancy this week at 21 Clark Street in Brooklyn Heights, Brooklyn. The senior living community occupies the former Leverich Towers Hotel originally constructed in 1928.
