A new loan totaling $4 million has been brokered by HKS Real Estate Advisors for the retail component of One Vandam, a 14-story residential building at 180 Sixth Avenue in Soho, Manhattan. Designed by BKSK Architects, the property completed construction in 2014. The loan was issued by Emerald Creek Capital and sponsor is CRE8 Equities.
Permits have been filed to expand a single-story structure into a six-story mixed-use building at 545 Metropolitan Avenue in Williamsburg, Brooklyn. Located between Lorimer Street and Union Avenue, the lot is near the Metropolitan Avenue/Lorimer Street subway station, served by the G and L trains. Thomas Finnican of Patoma Inc. is listed as the owner behind the applications.
Construction is complete on The Northern, a two-building development at 38-27 32nd Street and 38-38 32nd Street in Long Island City, Queens. Designed by NY Building Associates and developed by Yitzchok Katz of Developing NY State under the 39th Ave Equity LLC, the structures yield a combined 116 rental units and were built in tandem on two parcels at the intersection of 39th Avenue and 32nd Street.
Permits have been filed to expand a three-story structure into a four-story residential building at 71 South 4th Street in Williamsburg, Brooklyn. Located between Berry Street and Wythe Avenue, the lot is closest to the Bedford Avenue subway station, serviced by the L train. Mike Reznik of WH Capital LLC is listed as the owner behind the applications.
Construction is complete on Tryon North, a 12-story mixed-use building at 4778 Broadway in Inwood, Manhattan. Designed by Aufgang Architects and developed by Maddd Equities, which purchased the property for $12 million in 2018, the 99,000-square-foot structure yields 80 affordable units in studio to two-bedroom layouts, as well as 18,759 square feet of lower-level commercial. The project stands on a 12,000-square-foot interior parcel by the corner of Broadway and Dyckman Street.
