The Arabella at 4720 Third Avenue Tops Out Over Belmont, The Bronx 

Last Thursday, YIMBY attended the topping out of The Arabella at 4720 Third Avenue, a nine-story residential building in the Belmont section of The Bronx. Designed by Ismael Leyva Architects and developed by Vertical Community Development and Sioni Group, the structure will yield 165 market-rate and affordable units designed by Marin Architects as well as retail space and a collection of amenities in the podium. DeSimone Structural Engineers is the structural engineer, REAL New York is handling leasing and marketing, and OmniBuild Construction is the general contractor for the project, which occupies a trapezoidal plot bound by East 189th Street to the north, East 188th Street to the south, Washington Avenue to the east, and Third Avenue to the west.

Read More

Street view of 358 West 58th Street - Courtesy of the Hudson Hotel

Hudson Hotel Secures $100M Loan to Complete Residential Conversion in Hell’s Kitchen, Manhattan

A residential conversion of the Hudson Hotel will move forward following the acquisition of a $100 million financial package from Northwind Group. Located at 358 West 58th Street in Hell’s Kitchen, Manhattan, the existing 878-key hotel will be redeveloped to support 441 rental apartments and more than 50,000 square feet of retail space. CSC Coliving, repeat Northwind Group borrowers, will oversee the conversion of the property, which is situated between Eighth and Ninth Avenues, just southwest of Columbus Circle and Central Park.

Read More

New Permits Filed for 146-18 Liberty Avenue in Jamaica, Queens

New permits have been filed for a seven-story mixed-use building at 146-18 Liberty Avenue in Jamaica, Queens. Located between Liverpool Street and Waltham Street, the interior lot is closest to the Sutphin Boulevard-Archer Avenue-JFK subway station, serviced by the E, J, and Z trains. Jasbir Singh of Thind Builders NY Inc. is listed as the owner behind the applications, same as in the previous permits for a 34-unit building.

Read More