Riverhead and Amityville, a pair of small towns in Suffolk County, Long Island, are the latest recipients of a $10 million Downtown Revitalization Initiative (DRI) award from New York State agencies. The initiative is described as an economic development program and is backed by the Department of State, Empire State Development, the New York State Homes and Community Renewal, and NYSERDA.
Permits have been filed for an eight-story mixed-use building for supportive housing at 450 East 158th Street in Melrose, The Bronx. Located between 3rd Avenue and Elton Avenue, the lot is near the 3rd Avenue- 149th Street subway station, serviced by the 2 and 5 trains. Guido Subotovsky of Azimuth Development Group is listed as the owner behind the applications.
At number six on our December countdown of the tallest buildings under construction in New York is The Brooklyn Tower, a 1,066-foot residential supertall at 9 DeKalb Avenue in Downtown Brooklyn. Designed by SHoP Architects and developed by JDS Development, the 93-story skyscraper stands as the tallest building in the outer boroughs that will yield 150 condominium units, 280 market-rate rentals, 120 affordable rentals, and a 100,000-square-foot retail podium incorporated into the renovated landmark Dime Savings Bank of Brooklyn. Douglas Elliman Development Marketing Group is the exclusive marketing, sales, and leasing agent for the residential component, which includes 150 units for purchase and 120 affordable rental units. Gachot Studios is the residential interior designer, Krista Ninivaggi of Woods Bagot is the amenity designer, and HMWhite is the landscape designer for the property, which is bound by Flatbush Avenue Extension to the northeast, Fleet Street to the northwest, DeKalb Avenue to the south, and the adjoining Dime Savings Bank to the west.
Construction has topped out on 44-54 Ninth Avenue, an eight-story commercial expansion project on the border of Chelsea, the Meatpacking District, and the West Village. Designed by BKSK Architects for Tavros Capital, the development involves the construction of a new office volume and the restoration of a row of a landmarked townhomes. Broadway Construction is the general contractor for the property, which is alternately addressed as 351-355 West 14th Street and located at the intersection of West 14th Street and Ninth Avenue.
The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.
