Sales have officially launched at 720 West End Avenue, a new residential property located on Manhattan’s Upper West Side. The development, led by Glacier Equities and InterVest Capital Partners, transforms a 1927 Emery Roth-designed pre-war building into 131 contemporary residences. Units in the property are priced from approximately $1 million to over $12 million.
Construction has topped out on the Daymark, a five-story condominium building at 4 Lighthouse Landing in Sleepy Hollow, New York. Designed by COOKFOX and developed by Biddle Real Estate Ventures and PCD Development along with development manager Hines, the structure will yield 100 units in one-, two-, and three-bedroom layouts, as well as townhome-style residences with maisonette entrances.
The Community Lending and Investment division of Wells Fargo has reached a new milestone, $780.3 million in construction financing for affordable housing projects in New York City and Westchester County. The figure represents five loans, all closed in June 2023, the company’s largest-ever half-cycle allocation.
Biddle Real Estate Ventures and PCD Development have revealed new images of The Daymark, a condominium property at 4 Lighthouse Landing in Sleepy Hollow, New York. Designed by COOKFOX Architects, the Daymark’s 100 residences will include a mix of traditional and townhome-style units, an assortment of amenity spaces, and 9,000 square feet of ground-floor retail space.
The Barbara Kleiman Men’s Shelter will soon debut at 19 Debevoise Avenue in East Williamsburg, Brooklyn, where construction is now underway. The first phase of development includes the conversion of a former nurses’ residence on the defunct Greenpoint Hospital campus into the 200-bed shelter, which is expected to open by October 2025.