Hunts Point was once the byword for disinvestment and abandonment, but the peninsula along the South Bronx waterfront is finally beginning to see some new growth. One of the neighborhood’s empty lots, at 629 Faile Street, may soon sprout two new four-story apartment buildings.
Brookland Capital is building more than 50 rental and condo projects throughout Brooklyn, and now they’re expanding south into Flatbush with this attractive seven-story apartment building at 88-92 Linden Boulevard, between Bedford and Rogers Avenues.
The proposed East New York rezoning is already drawing new development to the area near Broadway Junction, like a new hotel planned at 100 New Jersey Avenue in the shadow of the elevated J train tracks in Cypress Hills, East New York’s northern section.
News Corp. and 21st Century Fox have signed a letter of intent to lease a combined 1.3 million square feet at Larry Silverstein’s planned 2 World Trade Center, located at 200 Greenwich Street, in the Financial District, according to the New York Post. A deal has yet to be finalized, but the move would jump-start construction of the 2.8 million square-foot, 80-plus-story tower, which is being redesigned by Bjarke Ingels Group.
Witkoff Group’s and Fisher Brothers’ Kohn Pedersen Fox-designed luxury tower, planned for Tribeca at 101-111 Murray Street, has been amended to have 157 residential units, up from 139 stated in the original application. Despite an erroneous report, YIMBY has news that the 62-story tower will actually stand 822 feet above the street, merely 35 feet below the outdated 857-foot proposal. The 372,000 square-foot building will include a nearly 2,100 square-foot retail portion on the ground floor, and completion is expected in 2017.