The Sayerville Planning Board has approved construction of a waterfront community that will soon become one of the largest redevelopment projects in New Jersey history. Known simply as Riverton, the multi-phase development will occupy 418 acres near the Driscoll Bridge along the Raritan River.
Community meetings organized by The City of Hoboken and a local developer will determine the outcome of a major rezoning initiative known as the Public Works Garage Site Redevelopment Plan. The initiative was launched in 2006 to replace a partially derelict municipal parking garage and surrounding parcels with a mix of residential, retail, and publicly accessible area.
The New Rochelle Planning Board is expected to review proposals from a local developer to construct a new 28-story building in Downtown New Rochelle. Located at 525 Main Street, the site is formed by an assemblage of five lots to create a 22,000-square-foot unified parcel.
Avison Young’s investment sales team has revealed new renderings of a 50,000-square-foot building on the Lower East Side of Manhattan. The property’s address is listed as 176-178 Delancey Street, where two vacant low-rise structures are currently located.
Developer Promont NYC has gained approvals to construct a new eight-story apartment building near Prospect Park in Flatbush, Brooklyn. The structure will rise from an interior lot at 150 Lenox Road and will eventually contain 42 apartments and a small ground-floor community facility. At 688 square feet apiece, the homes will most likely be rentals.
