Cape Advisors and The Pioneer Group recently secured $280 million in construction financing to complete a new residential complex in Astoria, Queens. Located at 30-77 Vernon Boulevard, the development will comprise a trio of interconnected structures spanning 522,000 square feet along the East River.
Foundation work has begun at 30-77 Vernon Boulevard, a three-building residential project in Astoria, Queens. Designed by Fogarty Finger Architects and developed by Cape Advisors and Wainbridge Capital, the interconnected structures will eventually span 522,000 square feet or approximately two-and-a-half acres of waterfront property.
Work has yet to begin at 75 West Broadway, aka 61 Warren Street, a ten-story, 120-foot-tall residential building in Tribeca. The property has sat relatively quiet since YIMBY checked in last summer. Located along West Broadway between Warren Street and Murray Street, the forthcoming project is designed by BKSK Architects and developed by Cape Advisors and Forum Absolute Capital Partners and is set to yield 55,000 square feet.
Exterior work is wrapping up on 30 Warren Street, a 12-story residential building in Tribeca. The 23-unit project is designed by Post-Office Architects with HTO Architects as the executive architect, and developed by Cape Advisors. Sales and marketing are being led by Corcoran Sunshine Marketing Group.
YIMBY went on a tour of Greenwich West, aka 110 Charlton Street, a 30-story residential building nearing completion in Hudson Square. Installation of the hand-laid brick masonry is nearly finished on the structure, which is designed by Francoise of Loci Anima along with Adamson Associates. The project is being developed by Strategic Capital, Cape Advisors, and Forum Absolute Capital Partners, while Corcoran Sunshine Marketing Group is handling sales for the building’s 170 units.