Douglaston Development, New York State Homes and Community Renewal, and New York City Department of Housing Preservation and Development recently announced the closing of construction financing for a $93.5 million mixed-use affordable housing development. The senior housing development addressed as 2856 Webster Avenue will bring 188 units to the Bedford Park neighborhood in The Bronx.
Stephen B. Jacobs Group
Façade installation is progressing on 3 Sutton Place, a 847-foot-tall residential skyscraper at 430 East 58th Street in Midtown East and number 15 on our countdown of the tallest construction projects underway in New York. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate with Stephen B. Jacobs Group as the executive architect, the 62-story tower is located between Sutton Place South and First Avenue and will yield a total of 121 residential units. The site is a short distance away from the East River and the Sutton Place Park North esplanade.
Permits have been filed for a seven-story mixed-use building at 38-20 Parsons Boulevard in Flushing, Queens. Located at the intersection of 38th Avenue and Parsons Boulevard, the corner lot is a few blocks east of the Main Street subway station, serviced by the 7 train. Kenneth Liu under the Eastone Parsons Holding LLC is listed as the owner behind the applications.
The New Rochelle Industrial Development Agency recently approved plans to construct a 100 percent affordable residential tower in the downtown center of New Rochelle. The 20-story property will take shape at 11 Garden Street and is designed by architect Stephen B. Jacobs Group.
Construction appears substantially complete on Trinity Commons, a 26-story mixed-use tower planned to open next year at 74 Trinity Place in the Financial District. Alternately addressed as 107 Greenwich Street, the 424-foot-tall building is designed by Pelli Clarke Pelli Architects and developed by Trinity Real Estate, with Stephen B. Jacobs Group as the executive architect.