Developer Investmates Real Estate is building townhouses in South Williamsburg, rentals on Grand Street, and now condos in Greenpoint. They’ve sent along renderings of their latest project, a five-story condo development at 78 Freeman Street, only a block from the East River between Franklin and West Streets.
Alloy and Monadnock Development’s One John Street condos are rising quickly along the Dumbo waterfront in Brooklyn Bridge Park, already reaching 10 stories, after rising out of the ground only earlier this year.
Fortis Property Group is moving forward with their plans to convert Long Island College Hospital’s Cobble Hill buildings to residential, and now they’ve filed an application to renovate the landmarked Polhemus Building at 350 Henry Street into apartments.
Developer National Resources has received a $14 million construction loan for their planned residential building associated with i.Park Hudson, a mixed-use campus featuring offices, retail and apartments in downtown Yonkers. The residential building, UNO, will measure 70,000 square feet and have 96 units, according to the Commercial Observer. Located at 9 Bashford Street, the existing five-story industrial building will be converted and expanded upon by four stories (based off renderings).
Property owner Tony Dagounakis has filed applications for an eight-story, 14-unit residential building at 23-25 Astoria Boulevard, in western Astoria. The 14 units will be spread across 11,150 square feet for an average unit size of nearly 800 square feet. Joseph Gulino’s Structural Engineering Systems is the applicant of record, and a three-story, three-unit townhouse must first be demolished.