Work is complete on 22 Chapel Street, a 20-story residential building in Downtown Brooklyn. Designed by CetraRuddy and developed by Delshah Capital and OTL Enterprises, the 211-foot-tall structure spans 133,181 square feet and yields 180 apartments, with 25 designated for affordable housing, as well as a 5,000-square-foot branch of START Treatment & Recovery Center, New York’s largest independent drug treatment agency. The building also contains 2,000 square feet of ground-floor retail space. Titanium Construction Services was the general contractor for the property, which is bound by Chapel Street to the north, Cathedral Place to the south, Flatbush Avenue Extension to the east, and Jay Street to the west.
CBRE has originated a $12.3 million loan to facilitate an extensive capital improvement and remediation project at River View Towers in Hamilton Heights, Manhattan. Located at 626 Riverside Drive near Riverside Park, the 24-story Mitchell Lama property was completed in 1964 and comprises 385 affordable cooperative units.
The affordable housing lottery has launched for 1079 Lafayette Avenue, a four-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by Sander Weiss’s Brooklyn-based Gelu Durus Musica and developed by 1079 Lafayette Holdings LLC, the structure yields 22 residences. Available on NYC Housing Connect are seven units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $187,330.
Construction is wrapping up on Sutton Tower, a 67-story residential skyscraper at 430 East 58th Street in the Sutton Place section of Midtown East. Designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management, the 850-foot-tall structure yields 121 units with sales and marketing led by Corcoran Sunshine Marketing Group. Stephen B. Jacobs Group is the architect of record and Lendlease is the general contractor for the property, which is located between Sutton Place South and First Avenue.
Excavation is progressing at 250-252 East 83rd Street, the site of a 31-story residential tower in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Torkian Group, the 370-foot-tall structure will yield 128 units with interiors designed by Lemay + Escobar, as well as ground-floor retail space. Cauldwell Wingate Company is the general contractor for the property, which is located at the corner of Second Avenue and East 83rd Street.