Extell Development Company has announced the successful acquisition of $530 million in financing for Brooklyn Point, its first development in the borough. When complete, the 720-foot-tall structure will become the tallest residential tower in Brooklyn, surpassing The Hub, located just to its south.
Permits have been filed for a six-story non-profit living facility at 80-97 Cypress Avenue, in Glendale, Queens. The site is right across from Mount Judah Cemetery. Nine blocks away is the Halsey Street subway station, bordering Bushwick, and serviced by the L trains.
Permits have been filed for a four-story residential building at 146 Erasmus Street in East Flatbush, Brooklyn. The site is two blocks away from the Church Avenue subway station, serviced by the 2 and 5 trains. A decent amount of commercial retail is just a block away, along the Church Avenue and Nostrand Avenue thoroughfares. Herman Kaufman is listed as responsible for the development.
It’s been three months since we got a first look at what’s coming to 11 Hoyt Street in Downtown Brooklyn. Now, construction is starting to rise above street level. The latest images from Tectonic reveal that the building has reached its sixth floor, just shy of one-eighth of the eventual total floor count. At this point, no elements of the distinctive design from the renderings are visible. The 51-story condominium tower is being designed by Studio Gang, a Chicago-based firm. This will be their first residential building in New York City.
The NYC Ferry system has announced two expanded routes which will now include the Lower East Side, Manhattan, and The Bronx. The expanded service arrives as a joint initiative with The New York City Economic Development Corporation (NYCEDC) and Hornblower, a private cruise and charter company that operates NYC’s ferry network.