Residential

209-225 East 19th Street

Cabrini Medical Center Redevelopment Lands $345.5 Million Loan, Gramercy

In March, YIMBY revealed renderings of the four-building, 223-unit condominium redevelopment of Cabrini Medical Center, in Gramercy. Now, developers Chetrit Group and Clipper Equity have closed on a $345.5 million loan for the project, according to Commercial Observer. Dubbed Gramercy Square, three medical buildings will be converted, and a fourth building will be constructed ground-up. Also planned is a 25,000 square-foot court yard, designed by M. Paul Friedberg and Partners; Woods Bagot is the project’s design architect. Completion is expected in 2016.




77-06 45th Avenue

Three Stories, Six Residential Units Planned At 77-06 45th Avenue, Elmhurst

Applications have been filed for three three-story residential buildings spanning the lots 77-06 – 77-10 45th Avenue, in northern Elmhurst, five blocks west of the M/R subway station at Elmhurst Avenue. The residential development will contain six units and measure 4,975 square feet in total for an average units of 830 square feet. Chang Hwa Tan is the architect of record, and two existing residential structures must first be demolished.


129 Stockholm Street

Five-Story, Five-Unit Residential Building Coming To 129 Stockholm Street, Bushwick

Urban View Realty has filed applications for a five-story, five-unit residential building at 129 Stockholm Street, in norther Bushwick, two blocks from the M train’s Central Avenue stop. The building will measure 5,000 square feet and will feature a fifth floor penthouse, with units averaging 1,000 square feet. Woody Chen’s Infocus Design & Planning is the applicant of record, and an existing 1.5-story home must first be demolished.


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