Skye Lofts North, a new rental building in Bayonne, New Jersey is now complete and open for incoming residents. The property is located at 260 Avenue E in the southernmost portion of an area often referred to as the New Jersey Gold Coast.
The affordable housing lottery has launched for The Deermar, a new 11-story development at 262 9th Street in Park Slope, Brooklyn. Designed by NA Design Studio with interiors by Whitehall Interiors and developed by Ranco Capital, the structure yields 72 residences. Available on NYC Housing Connect are 22 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $187,330.
Permits have been filed to expand a two-story structure into a five-story residential building at 652 East 223rd Street in Wakefield, The Bronx. Located between White Plains Road and Carpenter Avenue, the lot is two blocks south of the 225th Street subway station, serviced by the 2 and 5 trains. Yitzi Salamon is listed as the owner behind the applications.
Developers recently celebrated the grand opening of Magnolia DUMBO, a 21-story residential building at 160 Front Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by RXR Realty, the structure yields 320 rental apartments with marketing led by Douglas Elliman Development Marketing Group. New Line Structures served as the general contractor for the property, which is situated on a full block bound by Front Street to the north, York Street to the south, Bridge Street to the east, and Jay Street to the west.
Developers and elected officials recently celebrated the commencement of construction for Valley National Bank’s new headquarters in Morristown, New Jersey. From SJP Properties and Scotto Properties, the new office building will accommodate more than 660 employees and is expected to debut in spring 2023.
