Construction has broken ground on Livana Colts Neck, a new residential community at 7 Route 537 in Colts Neck, New Jersey. Designed by Minno & Wasko Architects and Planners and developed by Kushner, the property will yield 360 rental units across 15 buildings, along with a resident clubhouse.
Permits have been filed to expand a three-story structure into a four-story residential building at 2400 Bronx Park East in Bronxwood, The Bronx. Located near the intersection of Bronx Park East and Waring Avenue, the lot is near the Allerton Avenue subway station, serviced by the 2 and 5 trains. Gil Broitman is listed as the owner behind the applications.
Construction has topped out on 319-321 West 38th Street, a 26-story Best Western Hotel in Midtown, Manhattan. Designed by Gene Kaufman Architect and developed by 319 West 38th Steel LP, the 250-foot-tall structure will span 44,200 square feet with an undisclosed number of hotel rooms and a collection of amenities. The property stands on two adjoining interior plots between Eighth and Ninth Avenues.
Lionheart Strategic Management LLC, an affiliate of Fisher Brothers, has provided a $27.6 million loan for the construction of 644 East 14th Street, a 24-story residential building in the Alphabet City section of the East Village of Manhattan. The loan comes in addition to a $102 million senior loan that was provided by Apollo Global Management.
The affordable housing lottery has launched for 18-26 Redfern Avenue, an eight-story mixed-use building in Far Rockaway, Queens. Developed by Camber Property Group and designed by Urban Architectural Initiatives, the structure yields 59 residences. Available on NYC Housing Connect are 58 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $48,309 to $100,620.
