Fine Properties New York this week closed on a $35 million loan to complete The Elisa at 251 West 14th Street in Chelsea, Manhattan. Designed by Brazilian architect Isay Weinfeld with HTO Architect, the ground-up condominium building stands 11 stories tall and will include 25 homes and a collection of amenities.
Slate Property Group and Avenue Realty Capital have closed on a $55 million loan to complete a 19-story residential building at 159 Boerum Street in East Williamsburg, Brooklyn. Designed by Aufgang Architects, the 80,000-square-foot structure will yield 120 units, with 19 reserved for affordable housing. Amenities will include a fitness center, a roof deck, a parking garage, and bike storage. The property is located between Graham Avenue and Humboldt Street.
ShopFair Supermarkets will soon debut at Edgemere Commons, an 11-building affordable housing complex currently under construction in Edgemere, Queens. The new supermarket will comprise more than 27,000 square feet and is expected to open in spring 2024.
Skanska and its joint venture partner ECCO III Enterprises have completed the first phase of a $460 million interstate improvement project in the Hunts Point section of the South Bronx. Key project elements include the replacement of four bridges that connect Bruckner Expressway and Bruckner Boulevard over Amtrak and CSX rail lines, improved pedestrian access, and a new community park.
Pier 57, a former New York City Transit Authority bus depot on the South Chelsea waterfront, has won New York State’s Historic Preservation Award recognizing significant efforts to transform the site into a vibrant public destination. The redevelopment project was completed in collaboration by RXR, Young Woo & Associates, and The Baupost Group.
![Ground breaking ceremony for the Neuroscience Research Complex on the Cold Spring Harbor Laboratory (CSHL) campus [From left to right: CSHL Chair Marilyn Simons, CSHL President & CEO Bruce Stillman, New York Lieutenant Governor Antonio Delgado, Empire State Development Chair Kevin Law, and New York State Senator James Gaughran]](https://newyorkyimby.com/wp-content/uploads/2022/12/Groundbreaking-ceremony-for-the-Neuroscience-Research-Complex-on-the-Cold-Spring-Harbor-Laboratory-campus1-260x146.jpg)