A new affordable housing project for seniors has opened at 2850 Webster Avenue in Jerome Park, The Bronx, where developers and city officials recently joined for a ribbon-cutting ceremony. Located next to The New York Botanical Garden, the 12-story building was completed by Douglaston Development and designed by Stephen B. Jacobs Group.
Seven months after the Galleria Mall in White Plains closed its doors, developers have revealed a seven-building residential complex to replace the shuttered building. The development team includes Pacific Retail Capital Partners (PRCP), The Cappelli Organization, SL Green Realty Corporation, and Aareal Bank.
Construction has topped out on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across the southern tip of City Hall Park. Paris Forino is the interior designer and Ryan Serhant of SERHANT is leading sales and marketing.
Permits have been filed for a five-story mixed-use building at 206 Ditmas Avenue in Kensington, Brooklyn. Located between East 2nd Street and East 3rd Street, the lot is one block east of the Ditmas Avenue subway station, serviced by the F train. Joseph Frank of 214 Ditmas LLC is listed as the owner behind the applications.
Permits have been filed to vertically expand a four-story structure into a 16-story mixed-use building at 232 Broome Street on Manhattan’s Lower East Side. Located on the corner of Essex Street and Broome Street, the corner lot is near the East Broadway subway station, serviced by the F train. Soft Stone Development Group is listed as the owner behind the applications.
