Brookfield Real Estate Financial Partners has provided a $272.5 million construction loan for a major office-to-residential conversion project at 160 Water Street in Manhattan’s Financial District. The 530,000-square-foot building will eventually debut as a 588-unit rental property.
Permits have been filed for a six-story mixed-use building at 31-23 Linden Place in Flushing, Queens. Located between 31st Road and 32nd Avenue, the lot closest to the Main Street subway station, serviced by the 7 train. Alan Mei is listed as the owner behind the applications.
Work on the St. Nicholas Greek Orthodox Church is finally coming to a close on the verge of the 21st anniversary of the 9/11 attacks. Designed by Santiago Calatrava and developed by The Port Authority of New York and New Jersey, the white marble-clad structure is prominently perched atop Liberty Park just south of the original World Trade Center complex in the Financial District, and is the long-awaited replacement for the former church of the same name that was destroyed by the collapse of the South Tower on 9/11.
Peak Capital Advisors has acquired a pair of rental properties at 251-253 North 8th Street in Williamsburg, Brooklyn. Located between Havemeyer and Roebling Streets, the buildings were completed in the 1900s and comprise 16 rental apartments.
Permits have been filed to expand a two-story structure into a nine-story mixed-use building at 136-15 38th Avenue in Flushing, Queens. Located between Main Street and 138th Street, the lot is two blocks from the Main Street subway station, serviced by the 7 train. Yin Chou Hu of AAA General Construction Corp. is listed as the owner behind the applications.
