Arch Companies and AB Capstone have secured $106 million in construction financing from Madison Realty Capital for a mixed-use tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens. Located on the North Brooklyn-Queens border, the 17-story building will debut as one of the tallest in the area.
The affordable housing lottery is open for 3 West 128th Street, a six-story residential development in Harlem, Manhattan. Designed by BMG Design Build, the 15,896-square-foot building will yield 20 units. Available on NYC Housing Connect are two units for residents at 130 percent of the area median income, ranging in eligible income from $66,858 to $133,120.
Construction has reached street level at 3041 Broadway, a 42-story tower designed by Robert A. M. Stern Architects in Morningside Heights. Alternately addressed as 100 Claremont Avenue, the 350,000-square-foot project is being developed by L&M Development Partners and Lendlease with SLCE Architects as the architect of record, and will eventually yield condominiums marketed by Lendlease and L+M, and institutional offices, faculty housing, and classrooms for the Union Theological Seminary. Beyer Blinder Belle is handling the renovations of Union Theological Seminary’s Hastings Hall, where students reside. The building is rising by the corner of Claremont Avenue and West 122nd Street with the use of air rights from the seminary, and is directly across from the Riverside Church.
Exterior work is progressing slowly at 30 West 39th Street, a 323-foot-tall hotel tower in Midtown, Manhattan. Designed by Peter Poon Architects and developed by Fortuna Realty, the 27-story structure will yield 133,500 square feet and 330 rooms. Leeding Builders Group, LLC is the general contractor for the property, which is located between Fifth and Sixth Avenues, a block south of Bryant Park.
Preliminary renderings from Hill West Architects reveal a forthcoming seven-story rental building in Flatbush, Brooklyn. Located at 160 Clarkson Avenue, the structure will comprise 111,848 square feet and will replace several low-rise residential buildings.
