After purchasing a five-building site at 54-62 West 125th Street this summer, Developer Jay Group recently secured $37 million in financing to develop the mixed-use property. Their 140,000 square-foot vision in Harlem, Manhattan includes one retail unit and the addition of 141 residential units to the area between Lenox and Fifth Avenues. The projected development site qualifies for both 421-a and Industrial and Commercial Abatement Program tax benefits for the mix of commercial and residential units—30 percent of which will be affordable. JFA is responsible for the design.
Permits have been filed for a four-story mixed-use building at 3865 Amboy Road, in Great Kills, Staten Island. 3865 Amboy Road sits right on Amboy Road, a popular commercial thoroughfare in the neighborhood, and is about three blocks away from the Staten Island Railroad’s Great Kills station. Igor Shteiman of Chester Builders Corp. is listed as the owner behind the applications.
New renderings have been revealed for 185 Broadway, which is imminently set to rise in Lower Manhattan. Designed by FX Collaborative Architects and developed by SL Green, the 31-story, 260,000 square foot, mixed-use and partially affordable building has had its site prep completed, as demolition of three previously extant low-rise structures at 183 Broadway, 187 Broadway, and 5-7 Dey Street has fully wrapped. Necessary air rights and financing to begin construction have also been obtained, and work is anticipated to start in the first quarter of 2019.
Permits have been filed for a 19-story mixed-use building at 2505 Broadway on the Upper West Side of Manhattan. Located between West 93rd and West 94th Streets, the site is two blocks south of the 96th Street subway station serviced by the 1, 2, and 3 trains. The neighborhood is also serviced by the B and C at the 96th Street subway station on Central Park West. Tomer Yogev of Adam America Real Estate is listed as the owner behind the applications.
Demolition permits have been filed for three adjacent four-story buildings at 120-124 Lexington Avenue, in Kips Bay, Manhattan. The site between 28th and 29 streets is located one block east of the 28th Street subway station, serviced by the 6 line. Daniel Dabakaroff of Skyland Management is listed as responsible for the development.