BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.
Permits have been filed for a four-story residential building at 3823 Carpenter Avenue in Olinville, The Bronx. Located between East 220th Street and East 221st Street, the interior lot is a short walk to the 219th Street subway station, serviced by the 2 and 5 trains. Aleks Kalaj of Continental Construction is listed as the owner behind the applications.
Permits have been filed for a six-story residential building at 369 East 159th Street in Melrose, The Bronx. Located between Courtlandt Avenue and Melrose Avenue, the interior lot is near the Melrose Metro-North train station, serviced by the Harlem line. Christy Development under the 382 East 159th Street, LLC is listed as the owner behind the applications.
Activity has yet to begin at 444 Washington Boulevard in Jersey City, the site of a 722-foot-tall skyscraper from Gerner Kronick + Valcarcel Architects and Tower Cove Jersey City Urban Renewal. In addition to the 70-story tower, which will contain 950 residential units, there will be a second 575-foot-tall structure, as well as a neighboring six-story building containing 17,192 square feet of retail space and a 382-vehicle parking garage.
Local architects Groves & Co. has proposed the expansion of an elegant, historic townhouse located at 42 West 94th Street on Manhattan’s Upper West Side. Given the property’s location within the picturesque Central Park West Historic District, the design team must gain approvals from the New York City Landmarks Preservation Commission.