Developer Eastone Equities is planning to develop an eight-story mixed-use residential building in Flushing, Queens. Located at 142-26 and 142-38 Roosevelt Avenue, the structure will hold 40,000 square feet of residential space, 33,000 square feet of commercial space, and two sub-grade levels of parking. This week Columbia Pacific Advisors Bridge Lending announced it has secured a $15 million loan to refinance the development.
Articles by Vanessa Londono
Full demolition permits have been filed for 424 East 90th Street on Manhattan’s Upper East Side, located between First Avenue and York Avenue.
Kingsley House, an affordable senior housing in Westchester County will soon get a major rehabilitation to the tune of $35.8 million. New York State Homes and Community Renewal, MDG Design + Construction LLC, Smith & Henzy Advisory Group, Inc. are partnering up to renovate and preserve the affordability of 164 units in the Mitchell-Lama housing development at 41 Barker Avenue in White Plains.
Permits have been filed for a two-story residential building at 1239 Forest Hill Road in New Springville, Staten Island. Located near the intersection of Rockland Avenue and Forest Hill Road, the L-shaped lot is within walking distance of Latourette Park. Nazim Bashirov of ESL10 Properties LLC is listed as the owner behind the applications.
The affordable housing lottery has launched for 293 and 301 Hooper Street, two six-story residential buildings in Williamsburg, Brooklyn. The buildings were built in the 1910s and have 35 residential units each. Available on NYC Housing Connect are 11 recently renovated units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $43,303 to $112,800.