Manhattan

The Eliza Finishes Construction at 4790 Broadway in Inwood, Manhattan 

By Michael Young and Matt Pruznick

Construction is finished on The Eliza, a 14-story mixed-use building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and Andrew Berman Architect and developed by The Children’s Village, CLOTH, Ranger Properties, Housing Workshop, and New York City Department of Housing Preservation and Development, as well as the New York City Housing Development Corporation and the New York Public Library (NYPL), the structure contains 174 affordable rental units in studio- to three-bedroom layouts, as well as a public library on the first two levels, a preschool, and community facilities. The property is named in honor of Eliza Hamilton, the wife of Alexander Hamilton, and is located on an interior lot between Dyckman and Academy Streets.

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Rendering of 170 West 225th Street, courtesy of Timber Equities

170 West 225th Street’s Exterior Takes Shape in Marble Hill, Manhattan

By Michael Young

Exterior work is moving along on 170 West 225th Street, a seven-story residential building in Marble Hill, Manhattan. Designed by Marin Architects and developed by Timber Equities, the 115,000-square-foot structure will yield 115 rental units, with 30 percent reserved for affordable housing. The property is located at the intersection of West 225th Street and Adrian Avenue, adjacent to Spuyten Duyvil Creek.

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Rendering of 140 Hillside Avenue - J Frankl Associates

140 Hillside Avenue Nears Completion in Fort George, Manhattan

By Michael Young and Matt Pruznick

Façade installation is nearing completion on 140 Hillside Avenue, a seven-story residential building in Fort George, Manhattan. Designed by J Frankl Associates and developed by Read Property Group, the structure will span 26,466 square feet and yield 20 condominium units with an average scope of more than 1,000 square feet, including two penthouse units, as well as residential amenities and a cellar level. The development stands on a formerly vacant lot between Nagle Avenue to the north and Sickles Street to the southwest, and between the neighborhoods of Washington Heights and Inwood.

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Transitional housing property owned by Fundamental Advisors, via fundamental.com

Slate Property Group Closes $210 Million Refinancing Package For Transitional And Affordable Housing Portfolio

By Max Gillespie

Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing package for their joint venture’s transitional and affordable housing portfolio. The transaction, designated as a social bond, was made possible by Freddie Mac in a first-of-its-kind engagement to provide liquidity to social impact financial institutions that bring affordable housing to low-income communities and underserved populations.
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