Rendering of Archer Towers at 163-05 Archer Avenue (Photos courtesy of Studio V Architecture)

BRP Companies, JLL Partner to Finance Construction of Archer Towers in Jamaica, Queens

7:30 am on May 22, 2020 By Sebastian Morris

BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.

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3823 Carpenter Avenue in Olinville, The Bronx

Permits Filed for 3823 Carpenter Avenue in Olinville, The Bronx

7:00 am on May 22, 2020 By Vanessa Londono

Permits have been filed for a four-story residential building at 3823 Carpenter Avenue in Olinville, The Bronx. Located between East 220th Street and East 221st Street, the interior lot is a short walk to the 219th Street subway station, serviced by the 2 and 5 trains. Aleks Kalaj of Continental Construction is listed as the owner behind the applications.

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369 East 159th Street in Melrose, The Bronx

Permits Filed for 369 East 159th Street in Melrose, The Bronx

6:30 am on May 22, 2020 By Vanessa Londono

Permits have been filed for a six-story residential building at 369 East 159th Street in Melrose, The Bronx. Located between Courtlandt Avenue and Melrose Avenue, the interior lot is near the Melrose Metro-North train station, serviced by the Harlem line. Christy Development under the 382 East 159th Street, LLC is listed as the owner behind the applications.

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Rendering of Avalon Tower at 444 Washington Boulevard in Jersey City

AvalonBay’s 70-Story Tower Planned for 444 Washington Boulevard Appears to be on Hold, in Jersey City

8:00 am on May 21, 2020 By Michael Young

Activity has yet to begin at 444 Washington Boulevard in Jersey City, the site of a 722-foot-tall skyscraper from Gerner Kronick + Valcarcel Architects and Tower Cove Jersey City Urban Renewal. In addition to the 70-story tower, which will contain 950 residential units, there will be a second 575-foot-tall structure, as well as a neighboring six-story building containing 17,192 square feet of retail space and a 382-vehicle parking garage.

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