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Alternate view of 40 Debevoise Street - Photo by Gerri Hernandez

100% Affordable Housing Property for Seniors Debuts at 40 Debevoise Street in Williamsburg, Brooklyn

Debevoise Senior Housing, a 100 percent affordable housing property for senior residents, opened this week in Williamsburg, Brooklyn. The new property is located at 40 Debevoise Street and was developed in partnership by The Arker Companies, New York City’s Department of Housing Preservation and Development (HPD), and the Jewish Association Serving the Aging (JASA).

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Financing Secured for 550 Tenth Avenue in Hell’s Kitchen, Manhattan

The closing of construction financing was announced for a new 47-story mixed-use residential development at 550 Tenth Avenue in Hell’s Kitchen. The project is developed by Gotham Organization and Goldman Sachs Asset Management JV in a joint venture equity partnership, with Wells Fargo and US Bank providing a $212 million construction loan, and Lionheart Strategic Management providing $35 million in mezzanine financing.

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145 Perry Street Mega Mansion’s Brick Façade Revealed in West Village, Manhattan

Exterior work continues to shape up on 145 Perry Street, a four-story, 30,000-square-foot mega mansion in the West Village. Alternately addressed as 703-711 Washington Street, the project is designed by Leroy Street Studio with Robert Silman Associates Structural Engineers. Sciame Construction is the general contractor for the property, which is located at the corner of Perry and Washington Streets. The site used to house a two-story parking garage that was demolished to make room for the new structure after gaining approval from the Landmarks Preservation Commission.

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