Lionheart Strategic Management LLC, an affiliate of Fisher Brothers, has provided a $27.6 million loan for the construction of 644 East 14th Street, a 24-story residential building in the Alphabet City section of the East Village of Manhattan. The loan comes in addition to a $102 million senior loan that was provided by Apollo Global Management.
Construction has reached street level on 14+C, a 24-story residential building at 644 East 14th Street in the Alphabet City section of Manhattan’s East Village. Designed by Fischer + Makooi Architects and developed by Madison Realty Capital, the 200,000-square-foot structure will yield 196 rental units in studio to two-bedroom layouts, with an undisclosed portion reserved for affordable housing, as well as ground-floor retail space. The property is located at the corner of East 14th Street and Avenue C.
Demolition permits have been filed for two single-story commercial buildings at 53-55 Avenue D in Manhattan’s East Village. The 5,054-square-foot lot is owned by Manny Ashourzadeh, under the Rash LLC.
Permits have been filed for a 13-story mixed-use building with affordable housing at 746 East 5th Street in Alphabet City, Manhattan. Located between Avenue C and Avenue D, the lot is near the Delancey Street-Essex Street subway station, serviced by the F, J, M, and Z trains. Manny Ashourzadeh under the Golbar LLC is listed as the owner behind the applications.
Permits have been filed for Freedom Village, a 13-story residential building at 268 East 2nd Street in Manhattan’s East Village. Located at the intersection of Avenue C and East 2nd Street, the corner lot is three avenue blocks east of the 2nd Avenue subway station, serviced by the F train. Non-profit Barrier Free Living is listed as the owner behind the applications. YIMBY revealed renderings and details of a housing development at 270 East 2nd Street by this developer in December 2018. It is unclear if the design have changed with this permit filing.
