Permits have been filed for a four-story residential building at 91 De Sales Place in Bushwick, Brooklyn. Located between Evergreens Cemetery and Bushwick Avenue, the interior lot is one block north of the Bushwick Avenue-Aberdeen Street subway station, serviced by the L train. Yuda Furth is listed as the owner behind the applications.
Articles by Vanessa Londono
Last week, private equity real estate fund manager Red Stone Equity Partners celebrated the closing of financing for Balton Commons, a $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem, Manhattan. Developed in partnership with Lemor Development Group and Apex Building Group, the seven-story building will have 4,500 square feet of tech incubator space managed by non-profit Silicon Harlem, 1,200 square feet of ground-floor commercial space, 1,350 square feet of community facility space, and 37 residential units dedicated to mixed-income affordable housing for residents between 30 and 90 percent of the area median income.
Construction is expected to begin in January on Melrose North, a residential development that will bring 171 units of supportive and affordable housing to 925 Courtlandt Avenue in South Bronx’s Morrisania neighborhood. In a partnership between developer Bronx Pro Group and the New York City Housing Authority (NYCHA), the $92 million project will be built on a vacant NYCHA waste facility site.
Permits have been filed for a 32-story mixed-use building at 2-01 50th Avenue in Long Island City, Queens. Located at the intersection of 50th Avenue and Center Boulevard, the corner lot is two blocks west of the Vernon Boulevard-Jackson Avenue subway station, serviced by the 7 train. Katheline M. Pierre is listed as the owner behind the applications. The development site is under project management by corporate subsidiary Kathens’ Piettokpatia and Foundation of Motion Pictures Information Enterprises.
This week the city’s Department of Housing Preservation and Development (HPD) announced $13.6 million in housing tax credits was awarded to seven developments. These projects will be responsible for creating and preserving 583 affordable units throughout the city.