Cantor Fitzgerald and Silverstein Properties have secured $165 million in construction financing to complete a 351-unit apartment building currently under construction in Astoria, Queens. The property is located at 44-01 Northern Boulevard and will also contain around 25,000 square feet of retail space, 200 parking spots, and 20,000 square feet of tenant amenities.
Permits have been filed to expand a three-story structure into a four-story residential building at 1479 Sterling Place in Crown Heights, Brooklyn. Located between Utica Avenue and Rochester Avenue, the lot is three blocks north of the Utica Avenue subway station, serviced by the 2, 3, and 4 trains. Oren Hakim is listed as the owner behind the applications.
Demolition is underway at 100 West 37th Street, the site of a 68-story mixed-use skyscraper in the Garment District of Midtown, Manhattan. Designed by C3D Architecture and developed by Sioni Group under the 989 Sixth Realty LLC, the 743-foot-tall structure will span 384,118 square feet and yield 300 condominium units spread across 297,301 square feet, as well as 86,817 square feet of commercial space and two cellar levels. Northeast Specialist Group is the demolition contractor for the property, which is alternately addressed as 989-993 Sixth Avenue and is located at the corner of Sixth Avenue and West 37th Street.
Construction is nearing completion on Ivy and Green, a new rental property at 1 Park Avenue in Hackensack, New Jersey. The project is the latest from developer Hornrock Properties and design partner Minno & Wasko Architects. When complete, the building will have 221 apartments that range from studios up to two-bedroom homes.
Construction is rising on 2-20 and 2-21 Malt Drive, a three-tower development in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the project consists of a 34-story, 390-foot-tall structure that will yield 575 units at 2-20 Malt Drive and a two-tower design at 2-21 Malt Dive composed of a 38-story, 440-foot-tall high-rise and a 25-story, 310-foot-tall building. A final unit count for 2-21 Malt Drive has yet to be announced. Bud North LLC and Bud South LLC are the general contractors for 2-21 and 2-20 Malt Drive, respectively, which will rise from a subdivided plot bound by 54th Avenue to the north, Newton Creek to the south, and 2nd Street to the west.
