Oster Properties has revealed a multi-million-dollar plan to redevelop a dying shopping center in Westchester County into a mixed-use complex with residential units, a supermarket, and ground-floor retail shops. The property is located at 335 Downing Drive in Yorktown Heights and will debut as Yorktown Green.
The affordable housing lottery is open for 1893 Crotona Avenue, an eight-story residential development in The Bronx’s Tremont neighborhood. Designed by Badaly Architects, the 21,520-square-foot building will yield 29 units. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income, ranging in eligible income from $41,143 to $159,640.
Permits have been filed for a 12-story mixed-use building with a 154-room hotel at 131-28 40th Road in Flushing, Queens. Located between Delong Street and College Point Boulevard, the interior lot is closest to the Main Street subway station, serviced by the 7 train. 40th Road Realty Group LLC is listed as the owner behind the applications.
Exterior work is finishing up on Maverick, a pair of connected 20-story residential buildings at 215 West 28th Street in Chelsea. Designed by DXA Studio and developed by HAP Investments, the 162,834-square-foot property stands at almost 250 feet tall and consists of 87 condominiums, and 20,000 square feet of ground-floor retail space. The site is located between Seventh and Eighth Avenues at 215 West 28th Street. Douglas Elliman Development Marketing and Fredrik Eklund’s and John Gomes’ Eklund | Gomes team, with Alex Lundqvist as the sales director are handling sales and marketing of the units, which just launched this month. Available one-bedrooms start at $1.3 million, and two-bedrooms at $1.995 million. Prices for three and four-bedroom residences are available upon request.
YIMBY has word that The Joe Tirone Team, an affiliated brokerage group under the Compass umbrella, completed the sale of three adjoining lots that were identified as “Projected Development Site 2” in a proposal to City Planning by Madison Realty Capital late last year. That parcel was envisioned to give rise to a 117,848-square-foot, mixed use building. Madison owns, and will develop, “Projected Development Site 1” in their River North proposal, a multi-faceted mixed-use complex under city review that was formerly known as Liberty Towers, in Staten Island‘s St. George neighborhood.