Two years ago, real estate investment firm Cape Advisors paid $78 million for a collection of warehouses on Charlton and Greenwich Streets, in the recently rezoned swath of western Soho known as Hudson Square. Now they’ve filed applications to erect a 27-story residential building there at 110 Charlton Street.
Now that the 421-a tax exemption is back from the dead, development is cranking into motion again in the outer boroughs. Last week, plans were filed for an eight-story residential project at 567 Ocean Parkway, near the southern edge of Kensington in Brooklyn.
A little over a year ago, YIMBY revealed a seven-story condo project planned for 952 Columbus Avenue on the Upper West Side. Now, we have a construction update on the development, which topped out a few months ago at the corner of 107th Street.
Construction is nearly finished on 432 Park Avenue, the tallest residential building in the Western hemisphere. Five open-air mechanical floors on the 1,396-foot-tall skyscraper will be lit every day at sunset starting Monday, and we have photos of the display.
Last year, YIMBY gave you the first look at the residential expansion planned for 207 South 3rd Street in Williamsburg. Now we’ve got new renderings of the project, which is under construction at the corner of Roebling Street. The updated images show factory-style windows, glassy balconies with landscaping, and a gray brick facade. However, the boxy, protruding shape and the double-height ground floor remain the same as the original design.
