After purchasing a five-building site at 54-62 West 125th Street this summer, Developer Jay Group recently secured $37 million in financing to develop the mixed-use property. Their 140,000 square-foot vision in Harlem, Manhattan includes one retail unit and the addition of 141 residential units to the area between Lenox and Fifth Avenues. The projected development site qualifies for both 421-a and Industrial and Commercial Abatement Program tax benefits for the mix of commercial and residential units—30 percent of which will be affordable. JFA is responsible for the design.
A new batch of renderings from Kossar + Garry Architects reveal a rising residential development at 31-11 37th Street in Astoria, Queens. The building will replace an existing church parking lot and will eventually contain over 34,000 square feet of space.
Permits have been filed for a six-story condo building at 1118 Fulton Street, in Clinton Hill, Brooklyn. Located between Claver Place and Franklin Avenue on Fulton Street, the new development will sit right next to the Franklin Avenue subway station serviced by the C and S trains. Bordered by Atlantic Avenue on the south side and Flushing Avenue to the north, the brownstone neighborhood is also home to Pratt Institute.
Situated along the intersection of Fulton Street and Dutch Street in Lower Manhattan, 19 Dutch ranks 24th on New York City’s list of the thirty tallest skyscrapers currently under construction. Standing 770 feet tall, the 63-story tower will have 483 rental units. The building was designed by New York’s GKV Architects, while SLCE served as the architect of record. Carmel Partners is the developer of the project. Douglas Elliman Development Marketing is handling the leasing and marketing while interiors are being designed by Colum McCartan.
A new student residence is on the rise at 415 West 120th Street designed by architect Gerner Kronick + Valcarcel. Located in Morningside Heights, the property will rise 14 stories and contain 80 units for dedicated use by Columbia University.