Following last year’s purchase of 685 Fifth Avenue, developer Michael Shvo has announced a partnership with Mandarin Oriental Hotel Group to manage a collection of condominiums within the property. Rounding out the development team for the project is Turkish investment group Bilgili Holding and investment management firm Deutsche Finance.
Permits have been filed for a five-story apartment building at 322 Graham Avenue in East Williamsburg, Brooklyn. Located between Ainslie Street and Devoe Street, the interior lot is one block south of the Graham Avenue subway station, serviced by the L train. Joel Schwartz of Southside Units is listed as the owner behind the applications.
New construction permits have been filed for a seven-story mixed-used building 1415 Ogden Avenue in Highbridge, The Bronx. Located between University Avenue and West 171st Street, the interior lot is seven blocks west of the 170th Street subway station, serviced by the 4 train. Harlem-based real estate development NCV Capital Partners is listed as the owner behind the applications.
With the main facade beginning to shed the black construction netting and scaffolding, the dark-colored glazed bricks covering The Brooklyn Grove have begun to be unveiled. Standing above Boerum Hill just off of Flatbush Avenue, the new building is located at 10 Nevins Street. The 27-story residential tower will have 184 units comprised of studios to three-bedroom layouts. It is being designed by ODA, with Stephen B. Jacobs Group serving as the architect or record. Adam America Real Estate, Slate Property Group and Vanke US are the developers, while The Aguayo Team of Halstead Property Development Marketing is handling sales.
Permits have been filed for a 23-story tower at 575 Exterior Street in Concourse Village, The Bronx. Bordering the Harlem River, the lot, also known as 65 East 149th Street, is located on the corner of Exterior Street and East 149th Street. Four blocks west is the 149 Street – Grand Concourse subway station, serviced by the 2,4, and 5 trains. David Dishy of L+M Development Partners is listed as the owner behind the applications.