Namdar Group has closed on a $160 million bridge loan for 9 Homestead Place, a 27-story residential tower at 618 Pavonia Avenue in Jersey City. Designed by C3D Architecture, the structure will yield 432 rental apartments, 10,000 square feet of ground-floor retail space, a 21,000-square-foot office component, and a collection of amenity spaces.
Construction is finishing up on Ruby, a pair of 22-story residential buildings at 243 West 28th Street in Chelsea. Designed by COOKFOX and developed by MAG Partners, Atalaya, Safanad, and Qualitas, the 400,000-square-foot project will yield 480 rental units with 144 reserved for low- and middle-income households, as well as 8,500 square feet of ground-floor retail space. Douglas Elliman Development Marketing is in charge of leasing and marketing and Urban Atelier Group is the general contractor for the property, which is located on a through-block parcel between Seventh and Eighth Avenues with frontage on both West 28th and 29th Streets.
Curtain wall installation has begun on 200 East 20th Street, a 19-story residential building in Gramercy Park, Manhattan. Designed by CetraRuddy and developed by Glacier Global Partners, the 210-foot-tall structure will yield 82,800 square feet with 52 condominium units spread across 65,500 square feet and 2,730 square feet of retail space. CM & Associates Construction Management is the general contractor for the property, which is located at the southeast corner of East 20th Street and Third Avenue.
G2D Group has revealed the first renderings of a five-story rental property at 205 Osborn Avenue in Riverhead, Long Island. Branded as Station One, the property will comprise around 36,000 square feet and yield 39 rental apartments.
Permits have been filed to expand a two-story structure into a three-story residential building at 3467 Knox Place in Norwood, The Bronx. Located between West Gun Hill Road and West Mosholu Parkway North, the lot is near the Mosholu Parkway subway station, serviced by the 4 train. Yosef Eliav is listed as the owner behind the applications.
