Revealed by YIMBY last October, Red Apple Group has succeeded in securing $155 million in loan for the 32-story, 440-unit mixed-use building planned for 86 Fleet Place, in Downtown Brooklyn, per The Real Deal. The 395,000 square-foot tower will include 10,000 square feet of retail space, and ground breaking is likely now imminent.
The Real Deal reports that law firm Skadden has signed a 20-year lease for 550,000 square feet at Brookfield Property Partners’ 1 Manhattan West, located at 401 9th Avenue, on the West Side. Construction will begin immediately on the 69-story, 2.1-million square-foot office tower, and opening is scheduled for 2019.
Two four-story apartment buildings will replace vinyl-clad wood frames at 1135-1137 St Marks Avenue, between Schenectady and Utica Avenues in eastern Crown Heights.
Linwood Homes Inc. has filed applications for two three-story, three-unit residential buildings on two vacant lots at 2315-2317 Pacific Street, in northern Brownsville.
The Bed Stuy Blog has noticed that excavation is well underway at 1320-1328 Fulton Street, on the southern edge of Bedford-Stuyvesant, where a 10-story, 57-unit mixed-use building is being prepared. Fulton Street South Redevelopment Company broke ground late last year, and completion is expected in February 2016, per on-site signage.