The conversion of 75 Greene Avenue in Fort Greene, Brooklyn, is making headway, and YIMBY has word that sales have now officially launched for the project. As a landmarked structure, the exterior is being preserved and renovated while the interiors will house 22 units. The project is being developed by Douglaston Development and financed by G4 Capital Partners. Units will range from $845,000 to $2.6 million, and 20 percent are already under contract.
Permits have been filed for a 74-foot tall apartment building at 140 Hillside Avenue, in Inwood, Manhattan. Located off Sickles Street, the lot is near the north end of Harlem River Park. Nearest transit options are four city blocks away at the Dyckman Street subway station, serviced by the A train. Aron Klein of Read Property is listed as the owner behind the applications.
With new construction permits filed last summer and demolition filings nearly a year ago, the site of 450 Eleventh Avenue is beginning to see some change. The existing low-rise buildings on the location are nearly gone as the lot gets cleared to make way for the upcoming ground-up 43-story hotel. Located across from the Jacob K. Javits Center between West 36th street and West 37th Street, the 487-foot tall building will be designed by DSM Design Group and developed by Marx Development Groups.
The South Bronx is undergoing a major urban transformation as developers are continuing to reshape the area with a mix of adaptive-reuse buildings and new residential construction. Union Crossing is a new mixed-use project that will combine contemporary commercial office space and retail opportunities for newcomers to the historic neighborhood. It is designed by Woods Bagot, while the developers include Madison Realty Capital, The Altmark Group, The Bluestone Group, and Galil Management. JRT Realty is the exclusive leasing agent for the venture.
The City Council of East Orange, New Jersey has given Blackstone 360 the green light to construct a new residential development at 260 South Harrison Street. Known as “Allure 260,” the building will top-off at 18 stories and comprise 325,000 square feet, with 201 units situated within.