Permits have been filed for an eight-story mixed-use building at 120 Beach 116th Street in Rockaway Beach, Queens. Located between Rockaway Beach Boulevard and the Ocean Promenade Belle Harbor, the lot is within walking distance of the Rockaway Park – Beach 116 Street subway station, serviced by the A and S trains. Beach 116th Promenade LLC is listed as the owner behind the applications.
BRP Companies and its development partners have closed on a $294 million construction loan to complete a new 477-unit rental building in downtown New Rochelle. Located at 500 Main Street, the collection of homes will range from studios up to two-bedroom accommodations including 119 affordable housing units.
Permits have been filed for a 23-story mixed-use building at 147-35 95th Avenue in Jamaica, Queens. The L-shaped site spans from 94th to 95th Avenues and borders 148th Street and Sutphin Boulevard, and the lot is near the Sutphin Boulevard-Archer Avenue-JFK Airport subway station, serviced by the E, J, and Z trains. Joel Weiss of Heartfelt Townhouse Build is listed as the owner behind the applications.
Permits have been filed for a nine-story mixed-use building with affordable housing at 11-20 Broadway in Astoria, Queens. Located between 11th and 12th Streets, the lot is closest to the Broadway subway station, serviced by the N and W trains. Damien Smith of First Standard Construction is listed as the owner behind the applications.
Excavation work is moving along at 27-01 Jackson Avenue, the site of a 27-story residential skyscraper in the Court Square district of Long Island City, Queens. The 151,000-square-foot tower is being designed by SLCE Architects for Fetner Properties and Lions Group, which secured a $95 million construction loan for the development. The financial package was done under a joint venture, American Lions, LLC, with the funds provided by Bank Leumi USA, Leumi Partners, and Israel Discount Bank. Lions Group II, LLC is the general contractor for the property, which is located at the corner of Jackson and 43rd Avenues.