This week, The Arker Companies celebrated the completion of a new affordable housing building at 11629 Seaview Avenue in East New York, Brooklyn. The residential building is one of two properties that comprise phase one of The Fountains, a six-building affordable housing complex that will yield 1,163 apartments.
Permits have been filed for an eight-story mixed-use building at 2805 Frederick Douglass Boulevard in Harlem, Manhattan. Located between 149th Street and 150th Street, the interior lot is one block west of the Harlem/148th Street subway station, serviced by the 3 train. Maurice Kohanbash under the Kohanbash LLC is listed as the owner behind the applications.
Curtain wall installation is progressing quickly on Zero Irving, a 21-story mixed-use building at 124 East 14th Street in Union Square. Designed by Davis Brody Bond and developed by RAL Development, the structure will yield 240,000 square feet of affordable and market-rate office space for technology firms and amenities for occupants. Financial partners Junius Real Estate Partners and Suffolk Construction are also helping to develop the property.
After it was announced last week that the historic Roosevelt Hotel would be closing its doors, owner Pakistan International Airlines (PIA) has since teased to what will become of the Midtown East building. One possibility is a new hotel standing 100 stories. Set in a prime location, the block-long 19-story structure is bordered by Madison and Vanderbilt Avenues and East 45th and 46th streets.
Jersey City Mayor Steven Fulop this week announced that all litigation between the city, Kushner Companies, and the Jersey City Redevelopment Agency has concluded. The agreement settles lawsuits brought by Kushner Companies beginning in 2018 regarding construction delays at 1 Journal Square, a forthcoming residential development in Jersey City.
