Permits have been filed for a six-story mixed-use building at 8521 25th Avenue in Gravesend, Brooklyn. Located between 85th Street and 86th Street, the lot is steps from the 25th Avenue subway station, serviced by the D train. Tejpal Sandhu of 86th Street NY LLC is listed as the owner behind the applications.
Excavation is continuing at 111 Washington Street, the site of a 64-story residential skyscraper in the heart of Manhattan’s Financial District. Designed by Handel Architects and developed by Carlisle New York Apartments and Grubb Properties, which closed on a $48 million loan for the project over the summer, the 712-foot-tall structure will yield 326,221 square feet with 462 residential units, 7,000 square feet of commercial space, and a 60-foot-long rear yard. Consigli Construction is the general contractor for the property, which is alternately addressed as 8 Carlisle Street and located at the corner of Washington and Carlisle Streets.
A new affordable housing project for seniors has opened at 2850 Webster Avenue in Jerome Park, The Bronx, where developers and city officials recently joined for a ribbon-cutting ceremony. Located next to The New York Botanical Garden, the 12-story building was completed by Douglaston Development and designed by Stephen B. Jacobs Group.
Seven months after the Galleria Mall in White Plains closed its doors, developers have revealed a seven-building residential complex to replace the shuttered building. The development team includes Pacific Retail Capital Partners (PRCP), The Cappelli Organization, SL Green Realty Corporation, and Aareal Bank.
Construction has topped out on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across the southern tip of City Hall Park. Paris Forino is the interior designer and Ryan Serhant of SERHANT is leading sales and marketing.
