316 Rutledge Street Nears Topping Out in South Williamsburg, Brooklyn

Construction is nearing topping out on 316 Rutledge Street, a nine-story building in South Williamsburg, Brooklyn. Designed by Jay Architect & Engineering and developed by Abe Brach, the 110-foot-tall structure will span 42,225 square feet and yield 25,113 square feet of community facility space for philanthropic offices, as well as 17,112 square feet of commercial space and 47 enclosed parking spaces. The property is located on an interior lot between Broadway and Harrison Avenue.

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Rendering of 255 East 39th Street, via Brause Realty

255 East 39th Street Tops Out In Murray Hill, Manhattan

Construction has topped out on 255 East 39th Street, a 20-story residential building in Murray Hill, Manhattan. Designed by CetraRuddy and developed by Brause Realty in collaboration with Lonicera Partners and AECOM Tishman, the structure will yield 157 units with 48 designated for affordable housing. The property is located at the northwest corner of East 39th Street and Second Avenue.

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Permits Filed for 2246 Bathgate Avenue in East Tremont, The Bronx

Permits have been filed for a four-story residential building at 2246 Bathgate Avenue in East Tremont, The Bronx. Located between East 182nd Street and East 183rd Street, the lot is within walking distance of the 182-183 Streets subway station, serviced by the B and D trains and the Fordham station for MetroNorth. Gjergj Bujaj is listed as the owner behind the applications.

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Brick Façade Installation Continues on 159 Boerum Street in East Williamsburg, Brooklyn

Façade installation is swiftly progressing on 159 Boerum Street, a 19-story residential building in East Williamsburg, Brooklyn. Designed by Aufgang Architects and developed by Slate Property Group in partnership with Avenue Realty Capital and SD Builders and Construction LLC, the 216-foot-tall building will span 116,000 square feet and yield 162 rental units with 49 designated as affordable housing. The property is located on an interior lot between Graham Avenue and Humboldt Street.

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Rendering of 35 Cottage Street, via JLL

$152 Million In Construction Financing Secured For 35 Cottage Street in Journal Square, Jersey City

JLL Capital Markets has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit apartment building in Journal Square, Jersey City, New Jersey. The financing was secured on behalf of the borrower, Namdar Group, with senior financing provided by Centennial Bank and mezzanine financing through a private  lender.

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