Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.
Renderings have been revealed for the Beam Architects-designed 1205 Broadway, in Bushwick, Brooklyn. The exposed-bolt industrialist exterior plays at the building’s context of being across from the aboveground subway tracks.
Permits have been filed for a six-story mixed-use building at 68 North Henry Street in Greenpoint, Brooklyn. The site is half a block from Greenpoint’s Southeast border with Williamsburg, along the Brooklyn Queens Expressway. Builder Moshe Katlowitz will be responsible for the development, and today, YIMBY also has the first rendering for the project.
Permits have been filed for a 20-story mixed-use structure at 540 West 21st Street, in Chelsea, Manhattan. The development should be an exciting addition to the burgeoning neighborhood surrounding the High Line Park.
Renderings are out for 649 Grand Street, a six-story mixed-use building coming to Williamsburg, Brooklyn. The site is six blocks away from the Lorimer Street Subway Station, serviced by the L trains. It will be on a busy street in the neighborhood, with several bars and restaurants nearby. Two Kings Company is responsible for development.