New York YIMBY

Brazilian Missionary Church Nears Completion at 39-26 30th Street in Dutch Kills, Queens

7:30 am on April 14, 2024 By Michael Young and Matt Pruznick

Construction is nearing completion on 39-26 30th Street, an 11-story mixed-use building in Dutch Kills, Queens. The structure will serve as the new home for the Brazilian Missionary Church, which already occupied the site, and will yield an unspecified number of affordable housing units. 39-26 Property LLC is listed as the owner and JLS Group Construction LLC is the general contractor for the property, which is located between 39th and 40th Avenues. An architect for the project was not publicly disclosed.

Photograph of The Devan, courtesy of Ursa Development Group

The Devan Completes Construction at 3 New York Avenue in Jersey City, New Jersey

7:00 am on April 14, 2024 By Max Gillespie

Fields Grade and Ursa Development Group have announced the completion of construction on The Devan, a residential development at 3 New York Avenue in Jersey City‘s The Heights neighborhood. The project is situated between Jersey City and Hoboken and yields 336 rental units. Leasing has officially launched for the property and move-ins are set to begin on May 1.

Housing Lottery Launches for 194 Buffalo Avenue in Crown Heights, Brooklyn

6:30 am on April 14, 2024 By Vanessa Londono

The affordable housing lottery has launched for 194 Buffalo Avenue, a four-story residential building in Crown Heights, Brooklyn. Designed by Wu Woody Chen of Infocus and developed by Hagai Laniado, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,400 to $165,230.

1491-1493 Reaches Halfway Mark On Manhattan’s Upper East Side

8:00 am on April 13, 2024 By Michael Young and Matt Pruznick

Construction has reached the halfway mark on 1491-1493 First Avenue, a 35-story residential building on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Carmel Partners, which purchased the property from Robert Chou for $73.5 million in early 2022, the 404-foot-tall structure will yield 206 condominium units, 7,120 square feet of ground-floor retail space, and a cellar level. CP VII 78th Street Owner is the owner and Carmel Construction East is the general contractor for the project, which is located at the southwestern corner of First Avenue and East 78th Street.

425 Park Avenue, courtesy of L&L Holding

L&L Holding Company Secures Refinancing For 425 Park Avenue In Midtown East, Manhattan

7:30 am on April 13, 2024 By Max Gillespie

L&L Holding Company has secured $911 million in refinancing for 425 Park Avenue, an office skyscraper in Midtown East, Manhattan. Sumitomo Mitsui Trust Bank led the refinancing as the principal lender, with the new five-year floating rate loan intended to replace a similar-sized loan from 2021 that supported the tower’s final construction and leasing activities.

Housing Lottery Launches for 1 Park Point at 11 Ocean Parkway in Windsor Terrace, Brooklyn

7:00 am on April 13, 2024 By Vanessa Londono

The affordable housing lottery has launched for 1 Park Point, a 13-story residential building at 11 Ocean Parkway in Windsor Terrace, Brooklyn. Designed by FXCollaborative with interiors by INC Architecture & Design and developed by JEMB Realty, the structure yields 375 residences. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $33,806 to $152,500.

Permits Filed For 837 Maple Street In East Flatbush, Brooklyn

6:30 am on April 13, 2024 By Vanessa Londono

Permits have been filed for an 11-story mixed-use building at 837 Maple Street in East Flatbush, Brooklyn. Located between 75th Street and 76th Street, the lot is one block north of the Freeman Street subway…

395 Carroll Street and 325 Bond Street Rise in Gowanus, Brooklyn

8:00 am on April 12, 2024 By Michael Young

Construction continues to rise on 395 Carroll Street, a two-tower mixed-use development in Gowanus, Brooklyn. Designed by Hamish Whitefield Architects and developed by Rabsky Group with $92 million in construction financing from G4 Capital, the 226-foot-tall project will span 526,000 square feet and yield 298 condominium units with an average scope of 1,365 square feet, as well as 51,000 square feet of ground-floor commercial space, a cellar level, a 40-foot-long rear yard, and 52 enclosed parking spaces. President Union LLC is the owner and Sky Construction NY Inc. is the general contractor for the project, which is alternately addressed as 325 Bond Street and bound by Union Street to the north, Carroll Street to the south, the Gowanus Canal to the east, and Bond Street to the west.

Rendering of 307 Bergen Avenue, courtesy of Garden State Community Development Corporation

Construction Begins At 307 Bergen Avenue In Greenville, Jersey City

7:30 am on April 12, 2024 By Max Gillespie

The Garden State Community Development Corporation, working alongside the Wells Fargo Foundation and local developer Cara Squared LLC, announced the commencement of construction on 307 Bergen Avenue, a $6.3 million housing development in Jersey City’s Greenville neighborhood. The project, which was designed by Inglese Architecture & Engineering, aims to convert a former parking lot into a 12-unit residential condominium complex, intended specifically for low-income families earning 70 percent or less of the area median income.

Affordable Housing Lottery Launches for 60 Cedar Street in Bushwick, Brooklyn

7:00 am on April 12, 2024 By Vanessa Londono

The affordable housing lottery has launched for 60 Cedar Street, an 18-story mixed-use building in Bushwick, Brooklyn. Designed by S. Wieder Architects and developed by Louis Handler of BTE, the structure yields 145 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $198,250.

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