JLL Capital Markets has delivered $28.5 million in financing for The Ashton, a 93-unit rental building in Jersey City. The Ashton is located at 2 Ash Street in the city’s Bergen-Lafayette neighborhood and was completed last year.
Permits have been filed to enlarge a two-story commercial building into a seven-story mixed-use building at 364 Bay Street in Tompkinsville, Staten Island. Located between Grant Street and St. Julian Place, the lot is near the Tompkinsville Staten Island subway station. Zachary Kadden of Madison Realty Capital is listed as the owner behind the applications.
The affordable housing lottery has launched for 1669 East 19th Street, an eight-story residential building in Sheepshead Bay, Brooklyn. Designed by Studio Gallos and developed by Agam Development, the structure yields 29 residences. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $58,286 to $167,570.
Demolition is almost complete at 356 Fulton Street, the site of a 43-story mixed-use tower in Downtown Brooklyn. Designed by MdeAS Architects and SLCE Architects and developed by Jeff Mongno of The Feil Organization, the 496-foot-tall skyscraper will yield 475,000 square feet with 363 residential units and 100,000 square feet of commercial space. The property is located at the corner of Fulton Street and Red Hook Lane.
Demolition is progressing at 23 Hanover Place, the site of a 29-story residential tower in Downtown Brooklyn. Designed by INC Architecture & Design and developed by Aview Equities, the 463-foot-tall structure will yield 70,734 square feet with 43 units and 1,727 square feet of commercial space. The property is located at the corner of Livingston Street and Hanover Place.
