Supreme Equities recently acquired $16 million in construction financing for a new mixed-use residential building in The Bronx’s Allerton neighborhood. Located at 653-655 Mace Avenue, the seven-story building will yield 53 rental apartments, residential amenities, and community facility space on the ground floor.
Permits have been filed for an eight-story mixed-use building at 26 Sherman Avenue in Fort George, Manhattan. Located between Sickles Street and Arden Street, the interior lot is near the Dyckman Street subway station, serviced by the A train. Shloime Gross under the 26 Sherman Residence LLC is listed as the owner behind the applications.
Façade installation is steadily progressing at 540 Fulton Street, a 511-foot-tall mixed-use skyscraper in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the project will yield 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail on the lower podium floors. The residences will take up about 239,142 square feet of the total 330,00 square feet.
Curtain wall installation is moving along on The Willoughby, a 34-story structure at 196 Willoughby Street in Downtown Brooklyn. Designed by Perkins Eastman and developed by RXR Realty, the 435-foot-tall structure is part of the ongoing expansion of Long Island University‘s Brooklyn campus. The development, which is alternately addressed as 61 DeKalb Avenue, will bring a mixture of residential units, academic and office space, a new athletic field, and parking for 564 vehicles.
The affordable housing lottery is now open for Roosevelt Parc, a 15-story mixed-use development at 37-46 72nd Street in Jackson Heights, Queens. Developed by partners Werber Real Estate and Socius Development Group and designed by Marvel Architects, the building yields a total 154 units in a mix of studios, one-, two-, three-, and four-bedroom units. Available on NYC Housing Connect are 34 apartments for residents at 130 percent of the area median income, ranging in eligible income from $38,435 to $183,300.