New York

Excavation Begins at 199 Chrystie Street on the Lower East Side

Excavation is beginning at 199 Chrystie Street for what will become a 14-story, 39,188 square-foot condominium tower with full-floor residences. R. Wade Johnson Design is listed as the architect of record for the the development, which is located on the Lower East Side near the corner of Chrystie Street and Stanton Street. KD Sagamore Capital is the owner and developer, and purchased the property for $20 million. The site was previously occupied by two buildings, 199 and 201 Chrystie Street, whose demolition was completed earlier this year.

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169 Beach 115th Street in Far Rockaway, Queens

Permits Filed for 169 Beach 115th Street in Far Rockaway, Queens

Permits have been filed for a seven-story apartment building at 169 Beach 115th Street in Far Rockaway, Queens. Located between Ocean Promenade and Rockaway Beach Boulevard, the interior lot is one block south of the Rockaway Park-Beach 116 Street subway station, serviced by the A and S trains. Matthew Safos of Shelter Realty Corp is listed as the owner behind the applications.

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Excavation Begins For One Boerum Place, in Downtown Brooklyn

Excavation has begun for One Boerum Place in Downtown Brooklyn. The upcoming ground-up, mixed-use condominium tower will rise 21 stories on a narrow, triangular-shaped plot of land. The site is bound by Boerum Place, Red Hook Lane, and Fulton Street. SLCE Architects is the designer while Avery Hall Investments, Allegra Holdings, and Aria Development Group are the developers. The joint venture team was recently able to acquire a $165 million construction loan from Jutland Finance. The total cost of One Boerum Place is expected to be around $250 million.

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