Two years ago, real estate investment firm Cape Advisors paid $78 million for a collection of warehouses on Charlton and Greenwich Streets, in the recently rezoned swath of western Soho known as Hudson Square. Now they’ve filed applications to erect a 27-story residential building there at 110 Charlton Street.
Now that the 421-a tax exemption is back from the dead, development is cranking into motion again in the outer boroughs. Last week, plans were filed for an eight-story residential project at 567 Ocean Parkway, near the southern edge of Kensington in Brooklyn.
Foundation work is now underway on the 21-story, 71-unit mixed-use building under development at 145 Madison Avenue, located between East 31st and 32nd streets in Midtown South. This update comes thanks to a photo posted to the YIMBY Forums. The latest building permits indicate the project will encompass 69,268 square feet and rise 210 feet to its roof, not including the bulkhead.
Staten Island-based developer Jayden Estates has filed applications for two three-story, two-family houses at 165-171 Pleasant Plains Avenue, in Pleasant Plains. That’s along Staten Island’s South Shore. The structures will measure 4,637 square feet each and, across both, the residential units should average a family-sized 1,738 square feet apiece. Each house will feature a built-in, single-car garage. Peter J. Calvanico’s Staten Island-based Calvanico Associates is the architect of record. The 11,614-square-foot property is occupied by a two-story, single-family house. Demolition permits were filed in May.
Renderings have been revealed of the 20-story, 74-unit mixed-use building under development at 591 Third Avenue, located between East 38th and 39th streets in Murray Hill. The latest building permits indicate the project, dubbed The Lindley, will encompass 96,166 square feet and rise 213 feet to its roof, not including the bulkhead.
