Residential

The current design for 175 3rd Street. Developed by Charney Companies and Tavros Capital.

Rendering Revealed for 1,000-Unit Development at 175 3rd Street in Gowanus, Brooklyn

8:00 am on May 18, 2025 By Michael Young and Matt Pruznick

A new exterior rendering has been revealed for 175 3rd Street, an upcoming two-tower mixed-use building in Gowanus, Brooklyn. Developed by Charney Companies and Tavros Capital, the structure will yield around 1,000 rental units in studio- to three-bedroom layouts. The project is slated to become the largest in the neighborhood, yielding around 1 million square feet, and will also include, ground-floor retail space. It’s unclear how many of the homes will be dedicated to affordable housing. The property is bounded by 3rd Street to the south, 3rd Avenue to the east, and the Gowanus Canal to the west.

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Aerial rendering of the New Stapleton Waterfront. Rendering courtesy of GF55 Architects.

Plans Announced for 500-Unit Housing Development in Stapleton, Staten Island

7:30 am on May 18, 2025 By Michael Young

Last week, Mayor Eric Adams and New York City Economic Development Corporation President and CEO Andrew Kimball announced that Manhattan-based construction firm Artimus and the Phoenix Realty Group will lead the construction and development effort for the New Stapleton Waterfront, an upcoming mixed-income residential complex on two vacant parcels of land in Stapleton, Staten Island. Designed by GF55 Architects, the development will yield 500 units with around 25 percent designated as affordable housing for families earning between 40 and 80 percent of the area median income (AMI). The project, which is set to become the largest mass timber residential development in New York City, is situated between Front Street and the Stapleton waterfront.

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Bayfront Promenade. Designed by Dattner Architects.

Phase One of Bayfront Residential Complex Breaks Ground in Jersey City, New Jersey

8:00 am on May 17, 2025 By Michael Young

Construction broke ground this week on the first phase of Bayfront, a 100-acre mixed-use development in Jersey City, New Jersey. Designed by Dattner Architects and developed in a joint venture between Pennrose LLC and PATHS Development LLC, the first phase consists of a six-story apartment building called Bayfront Promenade, featuring 210 rental units along the southeastern portion of the master plan. The building will also include ground-floor retail space, a 10,000-square-foot community facility, and an on-site daycare facility with services provided by Greater Bergen Community Action. The sprawling site is located to the west of Route 440 along the Hackensack River, directly north of the Droyers Point housing complex, and immediately south of the Hudson Mall shopping center.

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