New York City-based real estate investment group Hope Street Capital has officially launched sales for 98 Front Street, a new ten-story condominium development in DUMBO, Brooklyn. With pricing starting at $670,000, residences range from studios to four-bedroom homes with over 100 distinct layouts.
Permits have been filed for a four-story residential building at 90-62 187th Street in Jamaica, Queens. Located between 90th Avenue and 91st Avenue, the lot is closest to the Hollis Long Island Railroad station and the Jamaica-179 Street subway station, serviced by the 2 and 5 trains. Gurvinder Singh under the Citiwide Properties LLC is listed as the owner behind the applications.
Work on 15, 30, and 35 Hudson Yards in the first phase of Related Companies’ master plan is wrapping up, as the construction elevator hoists on the exterior of the skyscrapers are in the process of being dismantled. The fast pace of construction at the $25 billion Midtown site was followed by a number of milestone completions, dedication ceremonies, and openings. 15 Hudson Yards is designed by Diller Scofidio + Renfro and Rockwell Group, 30 Hudson Yards by Kohn Pedersen Fox, and 35 Hudson Yards by Skidmore Owings & Merrill.
Excavation and pilings work are underway at 50 Trinity Place in the Financial District, where a 28-story Aloft Hotel will soon rise. The corner property will yield 77,310 square feet and 173 rooms, with seven to eight rooms per floor. There will also be a ground-floor restaurant adjacent to the main lobby, as well as a fitness center on the second floor for hotel guests. The project is designed by Peter Poon Architects and developed by FIT Investment Corporation, which purchased the Lower Manhattan property for $15 million from Sam Chang in 2012.
Condominium sales have launched for Milk Factory at 850 Metropolitan Avenue in East Williamsburg, following the residential conversion of the former Borden Dairy distribution facility. The development team has announced that occupancy is anticipated by the fall of 2019.
