New Financing Secured For 570 Washington Street In West Village, Manhattan
BRP Companies Celebrates Grand Opening of The Monarch in Jamaica, Queens
Last week BRP Companies, public officials, and project partners celebrated the grand opening of The Monarch at 92-29 Guy R. Brewer Boulevard in Jamaica, Queens. The 25-story mixed-use building brings 605 mixed-income residences to the downtown neighborhood, along with 20,000 square feet of state-of-the-art amenity spaces and 14,000 square feet of retail space to the community.
Timbale Terrace Receives Final Approval In East Harlem, Manhattan
Timbale Terrace, an affordable housing development in East Harlem, Manhattan, has received final approval and will now advance to construction financing. The project is a partnership among Mega Group Development, the Lantern Organization, and the New York City Department of Housing Preservation and Development, and will be built on an underutilized City-owned parking lot on Park Avenue between 118th and 119th Streets.
Housing Lottery Launches for 18-26 Redfern Avenue in Far Rockaway, Queens
The affordable housing lottery has launched for 18-26 Redfern Avenue, an eight-story community facility and residential building in Far Rockaway, Queens. Designed by Urban Architectural Initiatives and developed by Camber Property Group, the structure yields 59 residences. Available on NYC Housing Connect are 58 units for residents at 60 percent of the area median income (AMI), ranging in eligible income from $48,309 to $100,620.
Renderings Reveal Liberty Landing Affordable Housing Conversion at 550 West 20th Street in West Chelsea, Manhattan
New renderings have been revealed for Liberty Landing, an affordable housing conversion and expansion of the former Bayview Correctional Facility at 550 West 20th Street in West Chelsea, Manhattan. Designed by COOKFOX Architects and developed in a joint venture between Camber Property Group and Osborne Association, the $108 million project will involve the repurposing of the 100,000-square-foot Art Deco building and the construction of a seven-story addition atop its parapet. The development will yield 124 permanently affordable housing units, with 74 dedicated to formerly incarcerated individuals, as well as 15 short-term transitional homes for individuals with mental health challenges, on-site supportive services, and a ninth-floor outdoor terrace. The property is located at the corner of West 20th and West Streets, across from Hudson River Park and directly abutting Jean Nouvel’s residential tower at 100 Eleventh Avenue.
