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Permits Filed for 2246 Bathgate Avenue in East Tremont, The Bronx

Permits have been filed for a four-story residential building at 2246 Bathgate Avenue in East Tremont, The Bronx. Located between East 182nd Street and East 183rd Street, the lot is within walking distance of the 182-183 Streets subway station, serviced by the B and D trains and the Fordham station for MetroNorth. Gjergj Bujaj is listed as the owner behind the applications.

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Brick Façade Installation Continues on 159 Boerum Street in East Williamsburg, Brooklyn

Façade installation is swiftly progressing on 159 Boerum Street, a 19-story residential building in East Williamsburg, Brooklyn. Designed by Aufgang Architects and developed by Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC, the 216-foot-tall building will span 116,000 square feet and yield 162 rental units with 49 designated as affordable housing. The property is located on an interior lot between Graham Avenue and Humboldt Street.

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Rendering of 35 Cottage Street, via JLL

$152 Million In Construction Financing Secured For 35 Cottage Street in Journal Square, Jersey City

JLL Capital Markets has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit apartment building in Journal Square, Jersey City, New Jersey. The financing was secured on behalf of the borrower, Namdar Group, with senior financing provided by Centennial Bank and mezzanine financing through a private  lender.

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Housing Lottery Launches for 1559 Prospect Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for 1559 Prospect Place, an eight-story residential building in Crown Heights, Brooklyn. Designed by ESKW/Architects and developed by Settlement Housing Fund, the structure yields 45 residences. Available on NYC Housing Connect are 36 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $18,480 to $134,160.

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