Phipps Houses has closed on $116 million in financing to complete the fourth phase of Rockaway Village, a mixed-use affordable housing project in Far Rockaway, Queens. The ongoing development is slowly replacing an abandoned shopping center and will comprise 1,700 units of affordable housing, 120,000 square feet of commercial and community facility space, and 590 parking spaces.
Permits have been filed for a 12-story mixed-use building at 832 Rutland Road in East Flatbush, Brooklyn. Located at the intersection of East 49th Street and Rutland Road, the lot is near the Sutter Avenue – Rutland Road subway station, serviced by the 2, 3, and 4 trains. Brookdale Hospital Medical Center is listed as the owner behind the applications.
Construction has reached street level on 1841 Broadway, a 25-story, 281-foot-tall residential building on Manhattan’s Upper West Side. Designed by INC Architecture & Design and developed by Global Holdings Management Group, the 180,813-square-foot edifice will yield 173 market-rate and affordable housing units as well as 11,741 square feet of retail space on the first two levels. Pavarini McGovern, LLC is the general contractor and DeSimone Consulting Engineers is the façade consultant for the project, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwestern corner of Central Park.
Permits have been filed for a 21-story mixed-use building at 101 Fleet Place in Downtown Brooklyn. Located between Myrtle Avenue and Willoughby Street, the lot is near the Dekalb Avenue subway station, serviced by the B, Q, and R trains. The Jay Group is listed as the owner behind the applications, after purchasing the site late last month from Leser Group for $40 million.
Renderings from GKA Design Group reveal a nine-story mixed-use property at 35-01 Vernon Boulevard Long Island City, Queens. The developer, Agayev Holding, is now pursuing zoning text amendments to permit construction for the nine-story building, which is located in an area currently zoned for three- to four-story multifamily buildings.