Per The Real Deal, RFR Realty, partnered with Hines, has received $360 million in financing from the Industrial and Commercial Bank of China for the 65-story, 91-unit condominium building at 100 East 53rd Street, in Midtown East. Vanke Holdings and China Cinda Asset Management have also purchased stakes in the project this past March. Foster + Partners is designing, and YIMBY brought you an update on construction in March.
A narrow lot at 1661 Madison Avenue, between East 110th Street and Tito Puente Way in East Harlem, may soon sprout a skinny 10-story apartment tower with ground floor retail, according to new building applications filed today.
Per Kensington BK, the renovation of Dome Park is underway, located at 384 Dahill Road, on the border of Kensington and Borough Park. The multi-million dollar transformation will be completed by Fall 2017, and will better utilize the space of the former park playground.
An LLC has filed applications for a four-story, seven-unit residential building measuring 6,250 square feet at 108-22 50th Avenue, in eastern Corona. Gino Longo is designing the project, and a former two-story wood-framed structure was recently demolished.
The Real Deal reports that an affiliate of Ruder Finn has acquired the five-story, 34,000 square-foot commercial building at 425 East 53rd Street, in Midtown East, for $30.7 million. The building will be converted to office space to house the firm’s new headquarters, and Spagnolo Gisness & Associates is designing. The currently occupying tenants will vacant the building this summer.
