Excavation is progressing at 65 Franklin Street, the site of a 19-story residential building in Tribeca. Designed by CetraRuddy Architecture, the 210-foot-tall structure will yield 41 homes and ground-floor retail space. The project is being developed by HAP Investment Developers, which secured $94 million in construction financing from G4 Capital Partners in the spring of 2019. The site is located at the corner of Broadway and Franklin Streets, and was formerly occupied by several low-rise structures. Noble Construction Group is the general contractor for the property.
The affordable housing lottery is open for Maverick, a 20-story mixed-use development at 225 West 28th Street in Chelsea, Manhattan. Designed by DXA Studio and developed by HAP Investments, the 154,820-square-foot building will yield 112 units. Available on NYC Housing Connect are 35 units for residents at 70 to 80 percent of the area median income, ranging in eligible income from $34,115 to $112,800.
Exterior work is finishing up on Maverick, a pair of connected 20-story residential buildings at 215 West 28th Street in Chelsea. Designed by DXA Studio and developed by HAP Investments, the 162,834-square-foot property stands at almost 250 feet tall and consists of 87 condominiums, and 20,000 square feet of ground-floor retail space. The site is located between Seventh and Eighth Avenues at 215 West 28th Street. Douglas Elliman Development Marketing and Fredrik Eklund’s and John Gomes’ Eklund | Gomes team, with Alex Lundqvist as the sales director are handling sales and marketing of the units, which just launched this month. Available one-bedrooms start at $1.3 million, and two-bedrooms at $1.995 million. Prices for three and four-bedroom residences are available upon request.
HAP Investments has unveiled updates for a new high-rise residential building in Jersey City. Located at 500 Summit Avenue, the building will eventually tower 42 stories above the Journal Square section of the city and comprise 902 rental apartments.
The charcoal and white curtain wall panels have made it to the top of Maverick, a 300,000-square-foot residential development at 215 West 28th Street in Chelsea. Designed by DXA Architects and developed by HAP Investments, the project consists of a pair of identical 20-story buildings that stand 210 feet tall. The property is located between Seventh and Eighth Avenues and is alternately addressed as 215-219 West 28th Street and 221-229 West 28th Street.