Affordable and supportive housing developer Camper Property Group‘s latest project for low-income households and the formerly homeless is set to break ground at 913 East Tremont Avenue in West Farms, The Bronx. The estimated construction cost for the project is approximately $50 million, which is funded in part through tax-exempt bond financing, as of right tax credit equity provided by Wells Fargo, and public subsidies from the New York State Housing Finance Agency and New York State Homes and Community Renewal.
Permits have been filed for a four-story residential building at 136 Sutter Avenue in Brownsville, Brooklyn. Located at the intersection of Saratoga Avenue and Sutter Avenue, the lot is near the Saratoga Avenue subway station, serviced by the 3 train. Aron Katz under the Sutter Residence LLC is listed as the owner behind the applications.
Installation of the curtain wall has begun at One Willoughby Square, aka 420 Albee Square, in Downtown Brooklyn. The first row of industrial-style glass panels is now in place on the second floor of the 34-story, 495-foot-tall reinforced concrete skyscraper, joining the other windows already installed on the eastern and northern elevations. Designed by FXCollaborative and developed by JEMB Realty, the topped-out project currently holds the title of the tallest new office building in Brooklyn, and will yield 500,000 square feet of Class A office space. Gilbane Building Company is in charge of construction.
Construction is getting close to topping out at 260 Gold Street in Downtown Brooklyn. Designed by J Frankl Associates and developed by Gold Street Realty Holdings, the 13-story residential project will yield 194,089 square feet divided among 286 units, for an average of 689 square feet apiece.
The Cappelli Organization, a development firm based in Valhalla, NY, has revealed new proposals for a 28-story mixed-use building in Downtown New Rochelle. Located at 247 North Avenue, the site spans nearly 25,000 square feet and is currently occupied by a surface-level parking lot and a low-rise commercial building.