Supreme Equities recently acquired $16 million in construction financing for a new mixed-use residential building in The Bronx’s Allerton neighborhood. Located at 653-655 Mace Avenue, the seven-story building will yield 53 rental apartments, residential amenities, and community facility space on the ground floor.
Permits have been filed for an eight-story mixed-use building at 26 Sherman Avenue in Fort George, Manhattan. Located between Sickles Street and Arden Street, the interior lot is near the Dyckman Street subway station, serviced by the A train. Shloime Gross under the 26 Sherman Residence LLC is listed as the owner behind the applications.
Façade installation is steadily progressing at 540 Fulton Street, a 511-foot-tall mixed-use skyscraper in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the project will yield 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail on the lower podium floors. The residences will take up about 239,142 square feet of the total 330,00 square feet.
The Landmarks Preservation Commission is reviewing proposals to renovate and refurbish the façade of a historic bath house in Manhattan’s East Village. The property is located at 538-540 East 11th Street and today operates as Bath House Studios, a professional photography studio and events space.
Permits have been filed for a 13-story residential building at 1695 Monroe Avenue in Claremont, The Bronx. Located between East 173rd Street and East 174th Street, the lot is close to the 174th-175th Streets subway station, serviced by the B and D trains. Spaxel under the 1695 Monroe Avenue, LLC is listed as the owner behind the applications.