Construction has topped out and is quickly wrapping up on the six-story, 102-unit mixed-use building under development at 5 Blue Slip as part of the Greenpoint Landing mega-development, in northern Greenpoint. All of the building’s apartments will rent at below-market rates through the affordable housing lottery; applications for them have just launched.
Excavation work is underway on the site of a planned 12-story, 110-unit mixed-use building at 79 Avenue D, in the Alphabet City section of the East Village. The developer, L+M Development Partners, has also secured $52.8 million in construction financing. The latest building permits indicate the project will encompass 114,422 square feet and rise 120 feet above street level, not including the bulkhead.
Joint venture PH Urban Renewal, comprised of developers L+M Development Partners and Low-Income Housing Corporation, is proposing to develop a mixed-use tower at 25 Columbus Drive, in the Paulus Hook section of Jersey City. At this point, the project is expected to include up to 750 residential units, of which five percent (37 units) would be designated as affordable, the Jersey Journal reported. The tower’s base would feature a 35,000-square-foot, 200-student privately-funded public school for levels pre-K through first grade.
Another piece of the puzzle has fallen into place for Lower East Side megaproject Essex Crossing. Applications have been filed for a 25-story, mixed-use building at 180 Broome Street, between Delancey, Clinton, and Suffolk streets.
Over the summer, YIMBY revealed a rendering of the 11-story, 181-affordable-unit mixed-use building planned at 4511 Third Avenue, in the Belmont section of the Bronx. Details for separate 12-story, 133-affordable-unit mixed-use project down the street at 4439 Third Avenue were also included. The developers, SBS Health System, L+M Development Partners, and Hornig Capital Partners, have recently broken ground on the project. The new buildings will measure 294,207 square feet and 145,952 square feet, respectively.