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Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

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Rendering of Sherman Plaza at 4650 Broadway - Courtesy of View, Inc.

Renderings Reveal Updated Design for Sherman Plaza at 4650 Broadway in Inwood, Manhattan

New renderings from smart-building technology development company View, Inc. are the first to reveal an updated design for Sherman Plaza, a mixed-use tower at 4560 Broadway in Inwood, Manhattan. Designed by Handel Architects for developer Arden Group, the 20-story building will comprise 222 rental apartments set atop a four-story podium with retail space and a community facility.

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201-207 7th Avenue - Amie Gross Architects

Demolition Continues at 201-207 Seventh Avenue in Chelsea, Manhattan 

Demolition is progressing at 201-207 Seventh Avenue, the site of a nine-story residential building in Chelsea, Manhattan. Designed by Amie Gross Architects and developed by New York City’s Department of Housing Preservation and Development, the 85-foot-tall structure will span 30,859 square feet and yield 26 affordable co-op units in studio to three-bedroom layouts, as well as 1,828 square feet of retail space divided among three tenants. Star Companies is the general contractor for the property, which is alternately addressed as 170 West 22nd Street and located at the southeast corner of Seventh Avenue and West 22nd Street.

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509 Third Avenue’s Façade Progresses Over Murray Hill, Manhattan

Exterior work is progressing on 509 Third Avenue, a 35-story residential tower in Murray Hill. Designed by Ismael Leyva Architects and developed by Kahen Properties with Lalezarian Properties under the Third and Thirty Four LLC, the 386-foot-tall structure will span 166,917 square feet and yield 229 units with an average scope of 692 square feet, as well as 8,253 square feet of retail space and a 30-foot-long yard. Charlton Development Group is the general contractor for the project, which is located at the corner of Third Avenue and East 34th Street.

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