Heritage Equity Partners recently secured $53 million in construction financing to build a new multifamily rental property in Sunset Park, Brooklyn. The property is located at 875 4th Avenue in an area colloquially referred to as South Slope and will yield 150 units.
Fischer Makooi Architect
Permits have been filed for a six-story mixed-use building at 286 Wythe Avenue in Williamsburg, Brooklyn. Located at the intersection of North 1st Street and Wythe Avenue, the corner lot is close to the Bedford Avenue subway station, serviced by the L train. Moshe Braver under the Hold Bushwick LLC is listed as the owner behind the applications.
A new series of renderings have been revealed for 69 Adams Street, a 26-story, 280-foot-tall mixed-use project in DUMBO, Brooklyn. Designed by Fischer + Makooi Architects and developed by The Rabsky Group, the project will span 308,145 square feet and yield 225 residential units ranging from studios to two-bedroom layouts. The property will also include ground-floor retail area and 90 parking spaces. The 17,464-square-foot lot is bound by Front Street to the north, Adams Street to the west, York Street to the south, and the elevated Manhattan Bridge roadway to the immediate east.
Leasing has launched at The Arches, a dual-tower residential project at 224-228 East 135th Street in Mott Haven, The Bronx. The development comprises a pair of 25-story buildings and is located just a couple blocks from the Harlem River waterfront.
Douglas Elliman recently unveiled a collection of condominium units at Parlour, one of the latest residential buildings to debut in the historic neighborhood. Located at 243 Fourth Avenue, the twelve-story building contains 16 half-floor units and three full-floor penthouses.