A trio of local developers is working in collaboration to rezone and redevelop a large swath of 31st Street in Astoria, Queens. The area comprises 24 adjacent lots and four distinct development sites between Hoyt Avenue North and 23rd Road.
Exterior work is continuing on The Paxton, a 511-foot-tall mixed-use skyscraper at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the 43-story, 330,000-square-foot building will yield 327 residential units, 71,844 square feet of commercial space, and 22,054 square feet of retail in the podium. M.N.S. is handling sales and marketing for the homes, which range from studios to three-bedroom layouts. The property is located at the intersection of Flatbush Avenue and Fulton Street.
Exterior work is continuing to progress on 308 Livingston Street, a 23-story residential building in Downtown Brooklyn. Designed by Fogarty Finger Architecture and developed by Lonicera Partners, which purchased the site in May 2019 for $11 million, the property will yield 160 units in a mix of one- and two-bedroom layouts, as well as ground-floor retail space. The site is located between Nevins and Bond Streets.
New renderings from SWA Architecture reveal a change in scale and design for a proposed mixed-use property in Greenpoint, Brooklyn. The proposed development will replace existing warehouse properties at 79, 85, and 95 Quay Street near the East River waterfront.
Non-profit housing developer Phipps Houses closed on $217 million in construction financing for the first phase of Atlantic Chestnut, a massive three-phase development in Brooklyn. When completed, Atlantic Chestnut will bring 1,200 affordable housing units to the East New York neighborhood under the 2016 East New York Rezoning. With Dattner Architects handling design, the Atlantic Chestnut development will consist of three mid-rise apartment buildings featuring affordable apartments, 60,000 square feet of commercial and community facility space, attended parking for 200 cars, and residential amenities comprising of a gym, children’s playroom, a lounge, a party room, and landscaped courtyards and roof deck. The project is being built by Monadnock Construction.
