Hope Street Capital has closed on a $55 million construction loan to finance the completion of a new seven-story residential building in Crown Heights, Brooklyn. The property is located at 959 Sterling Place on a property formerly owned by the Hebron Seventh Day Adventist School, a New York City landmark completed in 1889.
Permits have been filed for a six-story residential building at 990 Franklin Avenue in Crown Heights, Brooklyn. Located between Sullivan Place and Montgomery Street, the interior lot is near the Prospect Park subway station, serviced by the B, Q and shuttle trains. Ian Bruce Eichner of Continuum Company under the Franklin Avenue Property Owner LLC is listed as the owner behind the applications.
Permits have been filed for a nine-story residential building at 527 Grand Avenue in Crown Heights, Brooklyn. Located between Pacific and Dean Streets, the interior lot is closest to the Franklin Avenue subway station, serviced by the A and C trains. Solomon Schwimmer of Twin Group Associates is listed as the owner behind the applications.
Permits have been filed for a five-story mixed-use building with mixed-income housing at 975 Nostrand Avenue in Crown Heights, Brooklyn. Located between Empire Boulevard and Montgomery Street, the lot is two blocks from the Sterling Street subway station, serviced by the 2 and 5 trains. Sally Gilliland of Cadman Associates LLC is listed as the owner behind the applications. Earlier this year Hudson Companies purchased the site from Midwood Investment & Development for $41.5 million.
Permits have been filed for a seven-story mixed-use building at 1730 Bedford Avenue in Crown Heights, Brooklyn. Located at the intersection of Empire Boulevard and Bedford Avenue, the corner lot is a couple blocks from the Sterling Street subway station, serviced by the 2 and 5 trains. Jack Gold of Seventh Street Development Group, under the 1730 Bedford Realty LLC is listed as the owner behind the applications.
