Financing Secured for Meridia Brownstones Phase II At 1999 Elizabeth Avenue In Rahway, New Jersey

Construction financing has closed for 1999 Elizabeth Avenue, a five-story residential building in Rahway, New Jersey. Designed by Netta Architects and developed by Capodagli Property Company, the structure will span 168,500 square feet and yield 200 rental units in a mix of one- and two-bedroom layouts. The project will also include 2,000 square feet of ground-floor retail space and a two-level, 493-vehicle parking garage.

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Permits Filed for Housing Lottery Launches for The Cornice at 224 3rd Avenue in Gowanus, Brooklyn

The affordable housing lottery has launched for The Cornice, an 11-story residential at 224 3rd Avenue in Gowanus, Brooklyn. Designed by Kao Hwa Lee Architects and developed by Hershy Silberstein of BlueSky Developers, the structure yields 63 residences. Available on NYC Housing Connect are 20 units for residents at 40 to 120 percent of the area median income (AMI), ranging in eligible income from $39,018 to $219,840.

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Construction Begins on 1,000+ Unit Tower at 175 Third Street in Gowanus, Brooklyn

Earthwork has begun at 175 Third Street, the site of a 27-story mixed-use tower in the Gowanus Wharf development in Gowanus, Brooklyn. Designed by Bjarke Ingels Group and dencityworks and developed by Charney Companies and Tavros, the structure will yield more than 1,000 units, with 250 designated as affordable housing. The project will also include a 28,000-square-foot public waterfront esplanade designed by Field Operations. The property is located between 3rd Avenue and the Gowanus Canal.

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1482 First Avenue. Designed by Hill West Architects.

1482 First Avenue Continues Rapid Ascent on Manhattan’s Upper East Side

Construction is rising on 1481 First Avenue, a 30-story residential tower on Manhattan’s Upper East Side. Designed by Hill West Architects and developed by Alchemy-ABR, the 395-foot-tall structure will span roughly 161,000 square feet and yield 89 rental units. Eighteen of the apartments will be rent-stabilized for residents earning 80 percent or less of the area median income (AMI). The project will also include nearly 1,500 square feet of commercial space. Paris Forino is the interior designer for property, which is comprised of two conjoined interior lots by the intersection of First Avenue and East 77th Street.

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Renovations Underway on 24-Story Office Tower At 44 Wall Street In Financial District, Manhattan

Renovations are underway on 44 Wall Street, a 24-story office building in Manhattan’s Financial District. Designed by Gensler, the project will add a 13,000-square-foot amenity center on the tower’s 13th floor, a redesigned entrance and lobby, and repositioned ground-floor retail encompassing 9,168 square feet with an additional 5,000 square feet of basement space.

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