The Hudson Companies Inc.

Rendering of The Lirio, by CetraRuddy

Developers Secure Financing for The Lirio at 364 West 54th Street in Hell’s Kitchen, Manhattan

The Hudson Companies, in collaboration with Housing Works and supported by the New York City Department of Housing and Preservation and the Metropolitan Transit Authority, has finalized a $119 million financing package for The Lirio, a new mixed-use development located at 364 West 54th Street in Hell’s Kitchen, Manhattan. The project aims to transform a parking lot into a property that offers affordable housing, MTA office space, and retail space.

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Rendering of 975 Nostrand Avenue, by ODA Architecture

Developer Secures Financing for 975 Nostrand Avenue in Crown Heights, Brooklyn

The Hudson Companies has secured $135 million in financing for 975 Nostrand Avenue, a nine-story mixed-use building in Crown Heights, Brooklyn. Designed by ODA Architecture, the structure is planned to yield 328 residential units, with 30 percent reserved for affordable housing, as well as a ground-floor grocery store and community facility. The property is located by the intersection of Nostrand Avenue and Sullivan Place, and is currently occupied by a one-story supermarket.

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Excavation Underway for Riverwalk 9 at 430 Main Street on Roosevelt Island

Excavation is progressing for Riverwalk 9, a 28-story residential building at 430 Main Street on Roosevelt Island. Designed by Handel Architects and developed by Related Companies and The Hudson Companies, the 305-foot tall, 292,865-square foot structure will yield 253 market-rate rental apartments in studio to three-bedroom layouts, with 104 units reserved for employees of Memorial Sloan Kettering Cancer Center (MSK), as well as 3,700 square feet of ground-floor office space for the Roosevelt Island Operating Corporation. Monadnock Construction is the general contractor for the project, the final component of the Riverwalk master plan, located along Main Street just east of the Riverwalk Commons green lawn.

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