Residential

Permits Filed for 3885 Orloff Avenue in Van Cortlandt Village, The Bronx

Permits have been filed to expand a three-story structure into a four-story residential building at 3885 Orloff Avenue in Van Cortlandt Village, The Bronx. Located between West 238th Street and Cannon Place, the lot is closest to the 242nd Street subway station, serviced by the 1 train. Herman Jakob of West Street Gardens LLC is listed as the owner behind the applications.

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Permits Filed for 3044 Decatur Avenue in Norwood, The Bronx

Permits have been filed for a four-story residential building at 3044 Decatur Avenue in Norwood, The Bronx. Located between East 204th Street and East Mosholu Parkway North, the lot is near the Kingsbridge Road subway station, serviced by the B and D trains. Lin Kumbullaj of Kiri Construction Corp. is listed as the owner behind the applications.

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Construction Resumes on 125 Greenwich Street in Financial District, Manhattan

Construction has resumed on 125 Greenwich Street, an 88-story residential skyscraper in Manhattan’s Financial District. Designed by Rafael Viñoly Architects and developed by Fortress Investment Group and Bizzi & Partners, the 912-foot-tall structure will yield 273 condominium units designed by March & White and marketed by Douglas Elliman Marketing Development, which is aiming to launch sales later this fall. The developers secured a $313 million construction loan from Northwind Group in February to finish the formerly stalled project. Time Square Construction and Plaza Construction are the general contractors for the property, which is located at the corner of Greenwich and Thames Streets, just south of the World Trade Center complex and Liberty Park.

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160 Water Street’s Residential Conversion and Expansion Progresses in Financial District, Manhattan

Work is progressing on 160 Water Street, a 29-story office-to-residential conversion and expansion in Manhattan’s Financial District. Designed by Gensler and developed by Vanbarton Group, the project involves the construction of five floors atop the parapet of the 24-story structure and the conversion of its 525,000 square feet of office space to yield 588 rental units in studio to two-bedroom layouts. The overhaul, which is being carried out with a $272.5 million loan from Brookfield Real Estate Financial Partners arranged by Cushman & Wakefield, will also include upgrades to building infrastructure, renovated lobby and common spaces, and the construction of a suite of amenity spaces. Collaborative Construction Management is the general contractor for the property, which is located at the corner of Water and Fletcher Streets.

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