Property owner Chestnut Global Enterprises has placed the development site at 115 Chestnut Street, located on the corner of Hermon Street in Newark’s Ironbound district, on the market for $3.96 million, Jersey Digs reported. Plans for a five-story, 72-unit residential building, called Vesey Street Commons, are fully approved. The apartments would range from one- to two-bedrooms, if a new developer were to follow the latest permits. The 28,988-square-foot plot is currently vacant. Until roughly a decade ago, it was occupied by an industrial building utilized by the Wilson Imperial Company.
An Elmhurst-based property owner has filed applications for a four-story, 10-unit residential project at 40-43 68th Street, in Woodside. The new building will measure 9,632 square feet and its residential units should average 749 square feet apiece, indicative of rental apartments. There will be seven off-street parking spaces behind the building. Chang Hwa Tan’s Flushing-based firm is the architect of record. The 4,000-square-foot lot is occupied by a two-story house. Demolition permits have not been filed at this time.
An estimated 800,000 working-class New Yorkers would benefit from subsidized, half-price MetroCards. The City Council hammered transit officials today on how the city and the MTA should be doing more to make discounted subway and commuter rail fares a reality for low-income people across the five boroughs.
Construction is currently underway to redevelop the dilapidated four-story industrial property at 118-126 Green Street, on the corner of New Jersey Railroad Avenue in Newark’s Ironbound district, into a five-story structure with 64 residential units. The project, dubbed Textile Lofts, will also feature ground-floor commercial-retail space and a laundromat, Jersey Digs reported. The apartments will range from one- to two-bedrooms. Roseland, N.J.-based J&L Companies and an anonymous LLC are the developers. Bergen County, N.J.-based Inglese Architecture + Engineering is the architect. A construction timeline has not been revealed.
An anonymous Hell’s Kitchen-based LLC has filed applications for a nine-story, 31-key hotel at 444 East 149th Street, located in the South Bronx’s Mott Haven section near the area known as The Hub. The building will encompass 20,226 square feet. There will be 760 square feet of medical offices on part of the ground floor, followed by hotel rooms across the rest of the building. Oscar M. Fuertes’s Huntington, N.Y.-based firm is the architect of record. The 25-foot-wide, 2,600-square-foot plot is occupied by a three-story townhouse. Demolition permits have not been filed.