Newark, New Jersey-based Blackstone 360 has secured $43.5 million in financing for their planned seven-story, 105-unit mixed-use project at 315 South Harrison Street, in East Orange, New Jersey. The building will be rentals and includes 30,000 square feet of ground-floor commercial space. Unfortunately, the structure will take on a tower-in-the-park configuration, per renderings by the developer. According to Real Estate Weekly, the financing will also be used to purchase Indigo 141, a 12-story, 105-unit apartment building a few blocks away at 141 South Harrison.
Earlier this year, Curbed posted renderings of a proposal to renovate and reposition Downtown Brooklyn’s parks and public spaces, dubbed the Brooklyn Strand. And this week, Brooklyn Borough President Eric Adams revealed parts of the project, which includes renovating the long-vacant, 27,600 square-foot Brooklyn War Memorial in Cadman Park Plaza. The plan also features a landscaped platform over the Brooklyn Bridge’s off-ramps to the park’s northern end. The Downtown Brooklyn Partnership and the Cadman Park Conservancy are involved, and WXY Architecture is designing.
Earlier this year, Brownstoner reported that construction was finishing up at Alloy Development’s five-story, five-unit residential project at 55 Pearl Street, in Dumbo, and now Dezeen has the latest photos of the completed building. The structure is actually broken up into individual, 18-foot-wide townhouse units, each measuring 3,500 square feet. The façade is made of concrete, wood, metal and glass, and the project reportedly sold out in 2013.
Hello Living’s ambitious 23-story tower is moving forward at 1580 Nostrand Avenue in Flatbush. Five months after the Brooklyn developer placed the site on the market for $28 million, the firm headed by Eli Karp has reversed course.
A four-story building dating back to well before the Civil War, but in quite the state of disrepair, won’t be demolished just yet. On Tuesday, the Landmarks Preservation Commission decided not to approve a proposal to demolish the structure at 327 Bleecker Street and replace it with a new four-story structure. While the commissioners did seem to be open to the demolition, especially given the endorsement of the Department of Buildings, the proposed replacement was not deemed appropriate.