Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.
Curtain wall installation is getting closer to completion on 181 Mercer Street, NYU‘s new 750,000-square-foot building in Greenwich Village. Designed by Davis Brody Bond and KieranTimberlake, the development consists of three towers rising from a full-block podium between Houston, Mercer, and Bleecker Streets and I.M. Pei’s University Village complex.
Permits have been filed for a nine-story mixed-use building at 39 West 128th Street in Harlem, Manhattan. Located between Fifth Avenue and Lenox Avenue, the site is three blocks north of the 125th Street subway station, serviced by the 2 and 3 trains. Taso Vassiliou of non-profit developer The Bridge Inc. is listed as the owner behind the applications.
A new series of street-level and aerial renderings have been revealed for The Alloy Block, a two-tower mixed-use development designed and developed by Alloy Development and located at 80 Flatbush Avenue and 100 Flatbush Avenue on the border of Downtown Brooklyn and Boerum Hill. Renderings depict the 482-foot-tall 100 Flatbush Avenue, a 44-story edifice being built in phase one at the corner of Flatbush Avenue and State Street, which will be the city’s first all-electric tower.
Exterior work is nearing completion on 23-20 Jackson Avenue, a nine-story mixed-use building in Long Island City, Queens. Designed by KSQ Architects and developed by The Vorea Group, the project will yield 85,851 square feet with retail space, offices, and a 72-room hotel operated by San Francisco-based hotelier Sonder Corp. The property is located at the intersection of Jackson Avenue and Pearson Street.