Rendering of LeFrak's 43-story building in Newport, Jersey City. Credit: Arquitectonica

The Ellipse, 43-Story, 376-Unit Mixed-Use Tower, Tops Out at 1-25 14th Street, Jersey City

8:00 am on January 12, 2017 By Reid Wilson

Construction has topped out on the 43-story, 376-unit mixed-use tower, dubbed Ellipse, at 1-25 14th Street, located in the Newport section of Jersey City, N.J. The structure, which is now receiving glass installation on its 27th floor, can be seen thanks to photos posted to the YIMBY Forums. The 592,800-square-foot tower’s apartments will be rentals, ranging from studios to three-bedrooms. There will be 24,000 square feet of amenities, as well as a retail component near street level. The LeFrak Organization is the developer. Arquitectonica is the design architect and Haines, Lundberg & Waehler (HLW) is the executive architect. Completion is expected later this year.

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301 First Avenue

Developer Considering Residential Project at Site Of 24-Story Apartment Tower, 301 First Avenue, Gramercy

6:30 am on January 12, 2017 By Reid Wilson

CIM Group has entered into contract to purchase, for nearly $90 million, the vacant 24-story, 156-unit apartment building at 301 First Avenue, located on the corner of East 17th Street in Gramercy. The future owners of the 200,000-square-foot tower are floating plans to either renovate the property into rental apartments or demolishing it for a new condominium building, The Real Deal reported. The 13,248-square-foot lot is currently overbuilt under present-day zoning laws. The building was built in 1969 to house Mount Sinai Beth Israel medical personnel and was vacated in the summer of 2016.

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327 Rutland Road

Two Three-Story, Six-Unit Residential Buildings Planned at 327 Rutland Road, Prospect Lefferts Gardens

6:00 am on January 12, 2017 By Reid Wilson

An anonymous Queens-based LLC has filed applications for two three-story, six-unit residential buildings at 327 and 329 Rutland Road, in Prospect Lefferts Gardens. The new buildings will measure 5,068 square feet each. Across both, the residential units should average 600 square feet apiece, indicative of rental apartments. Sion Hourizadeh’s Floral Park, N.Y.-based engineering firm is the applicant of record. The 4,000-square-foot lot is occupied by a two-story wood-frame house. Demolition permits were filed August.

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