Brookfield Properties recently secured a $750 million long-term loan extension for One Liberty Plaza, a 54-story office skyscraper at 165 Broadway in Manhattan‘s Financial District. The loan was provided by a collection of lenders, including Morgan Stanley.
The affordable housing lottery has launched for Hanover House, a 34-story residential building at 15 Hanover Place in Downtown Brooklyn. Designed by Fogarty Finger and developed by Lonicera Partners, the structure yields 314 residences. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $113,726 to $218,010.
Permits have been filed for an eight-story mixed-use building at 533 Concord Avenue in Mott Haven, The Bronx. Located between East 147th Street and East 149th Street, the lot is near the East 149th Street subway station, serviced by the 6 train. Meilech Friedman of Lincoln Residence NY LLC is listed as the owner behind the applications.
A new series of renderings has been released for PENN15, a proposed commercial supertall skyscraper at 15 Penn Plaza in Midtown, Manhattan. Designed by Foster + Partners and developed by Vornado Realty Trust, the project’s scope was recently reduced from 56 to 50 stories and 1,200 feet to 1,000 feet, and will now yield 2.2 million square feet of office space, down from 2.7 million. The property is located along Seventh Avenue between West 32nd and 33rd Streets, directly across from Penn Station.
Construction is rising on 89 Dekalb Avenue, a 30-story mixed-use building in Fort Greene, Brooklyn. Designed by Perkins Eastman and developed by RXR, the 348-foot-tall structure will span 289,000 square feet and yield 324 rental apartments with 98 rent-stabilized units, as well as 55,000 square feet of academic space for Long Island University, a cellar level, a 30-foot-long rear yard, two loading berths, nearly 15,000 square feet of amenities, and an enclosed parking garage for up to 198 vehicles with electric vehicle charging stations. Whitehall Interiors is the interior designer, and RXR LIU PII Developer TRS LLC is listed as the owner of the property, which is located on an interior lot by the corner of Dekalb Avenue and Ashland Place.
