The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.
Sales are now underway for Wonder Lofts, a condominium property at 720 Clinton Street in Hoboken, New Jersey. Designed by MVMK Architecture + Design and developed by Prism Capital Partners, Angelo Gordon, and Parkwood Development, the offering includes 83 units that range from two- to five-bedroom residences.
Governor Andrew Cuomo this week unveiled a multi-billion dollar initiative to revitalize and rebuild infrastructure across New York State. Entitled “Reimagine | Rebuild | Renew,” the 2021 agenda is touted as the largest state infrastructure plan in the country and sets in motion the improvement of state roadways, public transportation, airports, and large swaths of Midtown, Manhattan.
Construction activity is underway at 460 West 41st Street, a 164-foot-tall mixed-use building in Midtown West. Designed by FXCollaborative and developed by Covenant House, the 80,290-square-foot edifice will contain 53,053 square feet dedicated to community facility space and 60 units averaging approximately 884 square feet. This is the first supportive housing development by Covenant House in 48 years and includes help from for-profit entities Gotham Organization and Denham Wolf Real Estate Services.
On September 19, Covenant House broke ground on its first supportive housing development in 47 years. Located at 460 West 41st Street in Midtown West, the 80,000-square-foot facility is designed by FXCollaborative. According to permits filed last year, the structure will stand 164 feet tall and contain 80,290 square feet, with 53,053 square feet dedicated to community facility space. The building should also comprise 60 units averaging approximately 884 square feet.