Jersey City Mayor Steven Fulop this week announced that all litigation between the city, Kushner Companies, and the Jersey City Redevelopment Agency has concluded. The agreement settles lawsuits brought by Kushner Companies beginning in 2018 regarding construction delays at 1 Journal Square, a forthcoming residential development in Jersey City.
Permits have been filed for a 17-story mixed-use building at 5123 Beach Channel Drive in Far Rockaway, Queens. Located between Beach 53rd Street and Beach 54th Street, the interior lot is a short walk to the Beach 44 Street-Frank Avenue subway station, serviced by the A train. Arker Companies under the Peninsula Rockaway LP is listed as the owner behind the applications. The developer recently filed permits for 5119 Beach Channel Drive, a neighboring new construction site also part of the Peninsula Hospital Redevelopment.
A consortium of developers has successfully locked in $173 million in financing to construct a new 479-unit rental property in Chelsea. The new building will take shape at 241 West 28th Street, near Eighth Avenue, and is designed by COOKFOX.
Permits have been filed for a seven-story mixed-use building at 37-24 33rd Street in Long Island City, Queens. Located between 37th Avenue and 38th Avenue, the lot is near the 39 Avenue – Dutch Kills subway station, serviced by the N and W trains. George Xu under the 33rd Street Ventures, LLC is listed as the owner behind the applications.
Permits have been filed for a four-story mixed-use building at 8617 Flatlands Avenue in Canarsie, Brooklyn. Located at the intersection of East 87th Street and Flatlands Avenue, the corner lot is closest to the Canarsie-Rockaway Parkway subway station, serviced by the L train. Eugene Josovits under the 8623 Flatlands Realty LLC is listed as the owner behind the applications.