Grubb Properties has closed on an $86 million loan to construct a residential skyscraper at 111 Washington Street in Manhattan’s Financial District. The development was originally addressed as 8 Carlisle Street and was expected to top out at 50 stories. Updated plans specify a 64-story tower with more than 326,000 square feet of interior space.
Permits have been filed for an eight-story mixed-use building at 2177 60th Street in Bensonhurst, Brooklyn. Located between 21st Avenue and Bay Parkway, the lot is near the Avenue N subway station, serviced by the F train. David Weisz under the SUW 4 LLC is listed as the owner behind the applications.
Foundation work is nearing completion at 32 West 48th Street, the site of an upcoming 31-story hotel tower in Midtown, Manhattan’s Diamond District. Designed by SLCE Architects and developed by Extell, the 456-foot-tall structure will yield 213,158 square feet with 534 guest rooms. AECOM Tishman is the general contractor for the project, which is located between Fifth and Sixth Avenues, directly south of Rockefeller Center.
Construction is rising on 218 Front Street, a seven-story two-building residential complex in Vinegar Hill, Brooklyn. Designed by S. Wieder Architect and developed and built by Chess Builders, the project will yield 218 rental apartments with 66 affordable housing units, as well as 350 square feet of commercial space and 180 square feet of community space. The site is bound by Front Street to the north and York Street to the south, and was formerly occupied by a one-story industrial warehouse and an open-air lumber yard.
Asbury Park will soon be home to a new rental apartment building at 115 Fourth Avenue, just one block away from the city’s iconic boardwalk. Inspired by Somerset Development is the entity behind the project and Minno & Wasko Architects and Planners will oversee design.
