Permits have been filed for an eight-story mixed-use building at 352 Wallabout Street in South Williamsburg, Brooklyn. Located between Harrison Avenue and Union Avenue, the lot is one block from the Flushing Avenue subway station, serviced by the G train. Rafael Rabinowitz of Galaxy Developers LLC is listed as the owner behind the applications.
A small low-rise structure is being built at 68 Commercial Street in Greenpoint, Brooklyn. Plans call for an expansion of the existing 25-foot-tall, 3,385-square-foot, one-story property into a 35-foot-tall, 6,213-square-foot, two-story building designed by Zrinsky Architecture PC and developed by Intercraft Developments Inc., yielding 1,520 square feet of ground-floor commercial space, a single residential unit on the second floor spanning 4,733 square feet, a 30-foot rear yard, and one enclosed parking space. Parsons Construction Inc. is the general contractor for 68 Commercial Street, which is rising from a 2,389-square-foot interior lot measuring only 70 feet wide and sits by the confluence of Box and Commercial Streets.
JLL Capital Markets has arranged a $41.5 million financial package for a trio of developers to complete a new condominium tower at 360 West 52nd Street in Hell’s Kitchen, Manhattan. The development team includes Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, who also purchased an adjacent site at 354 West 52nd Street.
Construction is progressing quickly at 16 Dupont Street, the site of a 40-story residential tower in Greenpoint, Brooklyn‘s Greenpoint Landing master plan. Designed by GKV Architects and developed by Rockefeller Group with partner Park Tower Group, the 400-foot-tall structure will span 365,651 square feet and yield 378 units, as well as 2,548 square feet of commercial space and 138 enclosed parking spaces. Monadnock Construction is the general contractor for the property, which is located at the intersection of Dupont, West, and Commercial Streets.
Douglaston Development is now welcoming the first wave of tenants at 2856 Webster Avenue, a 188-unit affordable housing property in The Bronx. Located in the Bedford Park neighborhood, all of the units are reserved for seniors earning up to 50 percent Area Median Income.
