Permits have been filed for a four-story residential building at 1004 Summit Avenue in Highbridge, The Bronx. Located between West 164th Street and Summit Avenue, the lot is near the 161 Street-Yankee Stadium subway station, served by the 4 train. Shaya Seidenfeld of MZS Realty is listed as the owner behind the applications.
Construction has topped out on The Slope on Fifth, a six-story mixed-use building at 445 5th Avenue in Park Slope, Brooklyn. Designed by Tahir Demircioglu Architect and developed by RJ Capital Holdings, the 74-foot-tall structure will span 53,099 square feet and yield 30 condominium units with an average scope of 991 square feet. The building will also contain 23,359 square feet of commercial space, 24 enclosed parking spaces, and storage for 25 bicycles. The property is located at the corner of 5th Avenue and 9th Street.
A&E Real Estate has acquired Rivers Bend, a 21-story rental apartment building on Manhattan’s Upper East Side. The company purchased the 179-unit property at 501 East 87th Street from Soloviev Group for $116.5 million, equating to approximately $547,000 per unit.
The affordable housing lottery has launched for Cantilever House, an eight-story residential building at 21 Garden Street in Bushwick, Brooklyn. Designed by DXA Studio and developed by Rivington Company, the structure yields 50 residences. Available on NYC Housing Connect are 15 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $64,046 to $181,740.
Permits have been filed for an eight-story residential building at 11-27 Foam Place in Far Rockaway, Queens. Located between Smith Place and Beach 18 Street, the lot is near the Far Rockaway-Mott Avenue subway station, served by the S trains. Peter Abowitz is listed as the owner behind the applications.
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