Rendering of Starhill at 1600 Grand Avenue. Designed by Marvel Architects

Phase Two Of Starhill Affordable Housing Complex Breaks Ground At 1600 Grand Avenue In Morris Heights, The Bronx

7:00 am on July 22, 2024 By Max Gillespie

Services for the UnderServed and Bronx Pro Group recently celebrated the groundbreaking for phase two of Starhill, an affordable housing project at 1600 Grand Avenue in Morris Heights, The Bronx. The project will add 244 affordable apartments to the property, with 74 of which designated as supportive housing for formerly homeless individuals and families. On-site supportive care services will be provided by Services for the UnderServed. The project was designed by Marvel Architects.

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711 Seventh Avenue Approaches Topping Out in Times Square, Manhattan

8:00 am on July 21, 2024 By Michael Young and Matt Pruznick

Construction is nearing topping out on 711 Seventh Avenue, a 32-story hotel tower in Times Square. Designed by Gene Kaufman Architect and developed in a joint venture between general contractor Flintlock Construction Services and Atlas Hospitality under the 711 Seventh Hotel Associates LLC, the 343-foot-tall structure will yield 400 guest rooms under IHG Hotel & Resorts’ VOCO brand. The property is alternately addressed as 170 West 48th Street and is rising on an L-shaped parcel with frontage along Seventh Avenue and West 48th Street.

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Photograph of 580 Broadway, courtesy of Great Ink Media Relations

580 Broadway Closes On Refinancing Deal In Soho, Manhattan

7:00 am on July 21, 2024 By Max Gillespie

IPA Capital Markets, a division of Marcus & Millichap, announced the refinancing of 580 Broadway, a 12-story Class A office and retail property located in Soho, Manhattan. The refinancing package totaled $50 million. The building was constructed in 1900 and is located between Houston and Prince Streets. Maxi Capital Group, Sabal Investment Holdings, and GDSNY provided the $50 million office loan for the project.

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