Sigma Computing has committed to leasing space at Zero Irving, a 21-story technology hub under construction at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development and Junius Real Estate Partners, the building will offer a mix of space for affordable and market-rate offices, tech incubators, co-working suites, and training centers.
Acacia Network and Phipps Houses recently celebrated the grand opening of Santaella Gardens, a 249-unit affordable housing property in the Soundview section of The Bronx. Located at 1230 Metcalf Avenue, available homes are reserved for individuals and households earning between 30 percent and 90 percent Area Median Income (AMI), as well as 25 units for the formerly homeless.
Renderings from BFS Architect reveal a new seven-story mixed-use development at 11 Weirfield Street in Bushwick, Brooklyn. The building will comprise 17,255 gross square feet including lower-level commercial space and community facility space with residential area above.
L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.
Construction is now underway at 111 Willoughby Street, a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization and joint-venture partners Triangle Equities and Geolo Capital, the 437-foot-tall building will yield 205,000 square feet and 227 rental homes.
