Rendering of The Italic at 26-32 Jackson Avenue in Long Island City, Queens

Developers Secure $350M Loan for The Italic at 26-32 Jackson Avenue in Long Island City, Queens

American Lions, a joint venture between Fetner Properties and the NY Lions Group, has secured $350 million in construction financing to complete a 49-story residential skyscraper at 26-32 Jackson Avenue in Long Island City, Queens. Designed by SLCE Architects, the project will comprise 283,000 square feet of residential space and 10,000 square feet of retail space.

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1 Park Row Rises Above Street Level in Financial District, Manhattan

Construction is rising above street level on 1 Park Row, a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will yield 103,000 square feet with 58 condominium units in one- to three-bedroom layouts, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street.

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Aerial rendering of the New York City Football Club soccer stadium in Willets Point, Queens

New York City Football Club Reveals Renderings of 25,000-Seat Willets Point Soccer Stadium in Corona, Queens

In a meeting with Willets Point Queens Community Board 7, the New York City Football Club presented its plans to construct a 25,000-seat soccer stadium near Citi Field in Corona, Queens. Known as the Willets Point Revitalization Plan, the scope of work also includes a 100-percent affordable housing project with more than 2,500 units, a 650-seat school, a 250-key hotel, retail and dining locations, and more than 40,000 square feet of public open space.

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Housing Lottery Launches for Seed Cooperatives at 1900 Park Place in Brownsville, Brooklyn

The affordable housing lottery has launched for Seed Cooperatives, three four-story residential buildings at 1900 Park Place in Brownsville, Brooklyn. Designed by Latent Productions and developed by Habitat for Humanity, the structure yield a total 17 residences. Available on NYC Housing Connect are four units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $48,000 to $115,280.

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