One Boerum Place’s Superstructure Quickly Rising in Downtown Brooklyn

8:00 am on October 12, 2019 By Michael Young

The angular reinforced concrete superstructure of One Boerum Place is rapidly taking shape in Downtown Brooklyn. Located on a narrow site bound by Boerum Place, Red Hook Lane, and Fulton Street, the mixed-use condominium building will eventually top out at 21 stories. The project is being designed by SLCE Architects and developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. One Boerum Place is expected to cost around $250 million.

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Rendering of 57 Alexander Street - Rose Associates

Yonkers IDA Approves $177.3 Million in Construction Financing for 57 Alexander Street

7:30 am on October 12, 2019 By Sebastian Morris

Construction is expected to break ground soon at 57 Alexander Street, a 440-unit residential building in Yonkers, New York, following approvals for a major financing package valued at $177.3 million. The deal was approved by the Yonkers Industrial Development Agency, a public benefit corporation that provides business incentives to enhance economic growth in the City of Yonkers.

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1209-1213 1st Avenue in Lenox Hill, Manhattan

Demo Permits Filed for 1209-1213 First Avenue in Lenox Hill, Manhattan

7:00 am on October 12, 2019 By Vanessa Londono

Full demolition permits have been filed for three buildings, a four-story and two five-story structures at 1209-1213 First Avenue in Lenox Hill, Manhattan. The mixed commercial and residential buildings are part of an assembled 13,000-square-foot lot, owned by Kamran Hakim under the 1205-1215 First Avenue Annex, with a total of 138 residential units and 15 commercial units. It is unclear what plans are in store, as no new construction permits have been filed yet. Peter Tauberer, PE is listed as the applicant of record for all three permits.

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