Permits have been filed for an 11-story residential building with affordable housing for seniors at 57 Marcus Garvey Boulevard in Bedford-Stuyvesant, Brooklyn. Located between Park and Myrtle Avenues, the lot is two blocks from the Myrtle Avenue subway station, serviced by the J, M, and Z trains. NYC Housing Authority and NYC Health + Hospitals is listed as the owner behind the applications.
Permits have been filed for a six-story residential building at 3103 Sedgwick Avenue in Kingsbridge Heights, The Bronx. Located between Perot Street and Fort Independence Street, the lot is in walking distance of the 231st Street subway station, serviced by the 1 train. Moses Freund of The Vaja Group is listed as the owner behind the applications.
Work continues to wrap up on 425 Park Avenue, a 47-story commercial skyscraper in Midtown East. Designed by Norman Foster of Foster + Partners for L&L Holding Company, Tokyu Land Corporation, and co-managing partner BentallGreenOak, the 897-foot-tall structure will yield 667,000 square feet of office space and a ground-floor restaurant run by world-renowned Chef Daniel Humm, proprietor of the three Michelin-starred Eleven Madison Park.
L+M Development Partners, Type A Projects, and MSquared recently closed on $42 million in construction financing to complete a 78-unit affordable housing project in Newark, New Jersey. The property will occupy a portion of an existing residential complex at 250 Georgia King Village in the city’s Fairmount neighborhood.
Permits have been filed for a nine-story mixed-use building at 953 Dean Street in Crown Heights, Brooklyn. Located between Classon Avenue and Franklin Avenue, the lot is near the Franklin Avenue subway station, serviced by the A and C trains. Solomon Schwimmer of Twin Group Associates Inc. is listed as the owner behind the applications.