Construction is nearly complete on 130 Hope Street, a seven-story residential building in Williamsburg, Brooklyn. Designed by J Frankl Associates and developed by Clipper Equity, the structure will eventually comprise 143 rental units, ground-floor retail space, and a collection of tenant amenity spaces. The property was formerly addressed as 134 Hope Street and is expected to debut this spring.
Construction is complete on 169 Huron Street, a six-story residential building in Greenpoint, Brooklyn. Designed by INC Architecture & Design and developed by RedHoek+Partners, the structure yields 11 condominium units in one- and two-bedroom layouts with marketing by Compass, as well as ground-floor commercial retail space marketed by Kassin Sabbagh Realty. Albeco Construction was the general contractor for the project, which is located at the corner of Huron Street and Sgt. Nicholas Aleman Way.
Bedford Stuyvesant Restoration Corporation has partnered with renowned architect Sir David Adjaye to reimagine Restoration Plaza and Innovation Campus, its longtime home in Bedford-Stuyvesant, Brooklyn. The plaza is located along Fulton Street between the Nostrand Avenue and Kingston-Throop Avenue subway stations.
Exterior work is progressing on 69 Adams Street, a 26-story residential building in DUMBO, Brooklyn. Designed by Fariba Makooi of Fischer + Makooi Architects and developed by The Rabsky Group, the 280-foot-tall structure will span 258,200 square feet and yield 225 units in studio to two-bedroom layouts, as well as 60 feet of retail frontage, a 25-foot-long rear yard, and 61 parking spaces. Galaxy Developers is the general contractor for the property, which is bound by Front Street to the north, York Street to the south, the elevated Manhattan Bridge roadway to the east, and Adams Street to the west.
The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.
