This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction will also have an expansive amenity package including a rooftop lounge and pool. Affinius Capital LLC provided the construction financing for the project with financing arranged by Christopher Peck and Peter Rotchford of JLL.
Articles by Vanessa Londono
The affordable housing lottery has launched for 311 Franklin Avenue, a seven-story mixed-use building in Bedford-Stuyvesant, Brooklyn. Designed by Sion Consulting and developed by Mathew Ahdoot of United Bay Ridge, the structure yields ten residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $90,858 to $187,330.
Permits have been filed for a four-story residential building at 767 East 232nd Street in Wakefield, The Bronx. Located between White Plains Road and Barnes Avenue, the lot is steps from the 233rd Street subway station, serviced by the 2 and 5 trains. Kol Zefi of East 232 Builders LLC is listed as the owner behind the applications.
The affordable housing lottery has launched for 28 Bartlett Street, a seven-story residential building in East Williamsburg, Brooklyn. Designed by Jongmin Kim Architects and developed by Moshe Jacobowitz, the structure yields 12 residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $137,143 to $215,150.
Permits have been filed for a ten-story mixed-use building at 11 Gerry Street in Williamsburg, Brooklyn. Located between Harrison Avenue and Flushing Avenue, the lot is steps from the Flushing Avenue subway station, serviced by the G train. Rafael Rabinowitz of Galaxy Developers LLC is listed as the owner behind the applications.