Developer Kushner Real Estate Group has successfully secured $45 million in construction financing for a new residential community in Bayonne, New Jersey. The project, which broke ground in 2018, is known as Harbor Station North and will comprise three distinct buildings. Components within include 200 rental apartments, 10,000 square feet of retail, and associated parking.
City agencies will soon review amended proposals to redevelop the former Peninsula Hospital site in Edgemere, Queens into an 11-building mixed-use complex. The development’s final scope of work arrives a year after residents and community members were invited to provide commentary and feedback on initial plans.
Developer RXR Realty and construction partner BCG recently celebrated their first temporary certificate of occupancy (TCO) at 475 Clermont, a 12-story development in Fort Greene, Brooklyn. The 363-unit, 400,000-square-foot structure contains a mix of residential homes and retail space. The TCO comes one month ahead of schedule and will allow occupancy to occur two months earlier than originally planned. Aufgang Architects is behind the design for the mixed-use rental building, which will contain 73 units for affordable housing and below-market rates.
Leasing is beginning this week for The Enclave, aka 675 Monmouth Street, an upcoming six-story rental property on the border of Jersey City and Hoboken. BNE Real Estate Group, Hoboken Brownstone Company, and McKinney Properties are the three developers while The Marketing Directors is in charge of leasing and marketing for the property’s 260 residences.
YIMBY went on a hard hat tour of One Wall Street, a historic, 51-story Art Deco tower designed by Ralph Walker and completed in 1931. Formerly the headquarters of the Bank of New York and Irving Trust Company, the Financial District icon is currently undergoing a $1.5 billion residential conversion and expansion. A five-story addition is underway and being constructed above the adjoining mid-century annex. SLCE Architects is serving the architect of record while Harry Macklowe of Macklowe Properties is the developer. CORE is handling sales and marketing of the planned 566 housing units.
