Groundbreaking has officially occurred for 136 Summit Avenue, a nine-story mixed-use building coming to Jersey City, New Jersey. The site is located a mile away from the Journal Square Train Station, serviced by the PATH trains. Monticello Equities is responsible for the development, and purchased the property from GRID Real Estate LLC. GRID is still involved, working as advisors and entitlement managers.
Permits have been filed for a seven-story residential building at 11-16 Main Avenue, in Astoria, Queens. The site is ten blocks away from the 30th Avenue Subway Station, serviced by the N trains. Astoria Ferry Terminal is also nearby. The owner, Brett Harris, will be responsible for development.
Permits have been filed for a three-story residential building at 840 Morris Park Avenue, in the East Bronx. The lot sits adjacent to the Matthews Muliner Playground, and is eight blocks east and two blocks south of the Bronx Park East subway station, where service is offered on the 2 and 5 trains.
A new rendering has been revealed for the highly-anticipated Long Island College Hospital redevelopment, dubbed River Park. The final tower for the project, 5 River Park, located at 347 Henry Street, is slated to be a fully residential building. The structure will rise 15 stories and offer up 91,000 square feet of space. The lot is part of the larger project being developed by Fortis Property Group, and will spread across the Cobble Hill neighborhood of Brooklyn.
A proposal been submitted to the Landmarks Preservation Commission by PMA Architecture for 449 Convent Avenue, in Upper Manhattan. The site is currently occupied by the right-most unit of a group of six brownstones. This particular structure has been marred from fire damage and requires remediation. The proposed rehab of the structure would replace and update the lot with a 54-foot-tall, five-story building, rising 10 feet higher than its adjacent counterparts.