As Mayor Bill de Blasio’s affordable housing plan kicks into high gear, more developers are pushing through big, subsidized rental projects in the outer boroughs. Today we’ve got a look at a two-building, 14-story development planned for a forlorn, industrial area of the South Bronx.
New renderings have been revealed of the redesigned eight-story, 22-unit mixed-use project under development at 75 First Avenue, located between East Fourth and Fifth streets in the East Village. The project’s developer, Colonnade Group, is expecting the building’s condominiums to sell for a combined $42 million, The Real Deal reported. The latest building permits indicate the structure will encompass 30,058 square feet and rise 80 feet to its main roof.
A rendering has been revealed of the eight-story, 250-unit mixed-use building under development at 350 Clarkson Avenue, in Prospect Lefferts Gardens. The reveal comes as Hudson Companies, the project’s developer, has secured $63 million in construction financing, The Real Deal reported. The latest building permits indicate the structure will encompass 227,307 square feet and rise 80 feet to its main roof.
For months now, a new high-rise under construction in Brooklyn has had its work lights shining along the East River. Now, that building, located at 21 India Street (a.k.a. 10 Huron Street) and dubbed The Greenpoint, is receiving its façade.