525 West 52nd Street

Developer Lands Construction Loans for 24-Story Project At 525 West 52nd Street, Hell’s Kitchen

The Real Deal reports Taconic Investment Partners has landed $200 million in construction loans for their 24-story, 392-unit mixed-use project at 525 West 52nd Street, in Hell’s Kitchen. YIMBY brought you news of the project almost exactly a year ago, and Handel is designing. Seventy-nine residential units are expected to be set aside as affordable, and the site’s former five-story structure was demolished in 2014.

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Admiral's Row

Steiner NYC Plans to Redevelop Admiral’s Row At Brooklyn Navy Yard

The New York Times reports Steiner NYC is planning to redevelop the dilapidated site of Admiral’s Row, at the corner of Flushing Avenue and Navy Street at the Brooklyn Navy Yard. A 74,000 square-foot Wegmans is planned in a four-story, 126,000 square-foot building along Flushing Avenue. A 78,000 square-foot building is also being restored at the southwest corner of the site, but the majority of the other structures will be demolished. Opening is expected in 2017.

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