351 Marin Boulevard Wraps Up Construction in Jersey City, New Jersey

Occupancy is set to begin this week at 351 Marin Boulevard, a 38-story rental property in Jersey City’s Powerhouse Arts District. Designed by Hollwich Kushner and HLW Architects and developed by Kushner Real Estate Group (KRE) in a joint venture with Northwestern Mutual, the 406-foot-tall property yields 507 apartments enclosed in a sleek envelope of glass and warm-colored brick. The property is located on a rectangular parcel bound by Marin Boulevard to the east, 1st Street to the north, Bay Street to the south, and low-rise buildings to the west. The Marketing Directors is the exclusive leasing agent for the studios and one- and two-bedroom homes. Units are priced at $2,650 on the low end, and grand opening incentives include two months free on a 14-month lease and three months free on a 26-month lease.

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Grace Towers Apartments at 2060 Pitkin Avenue in Brooklyn - Courtesy of SVN Affordable

Camber Property Group Acquires Affordable Housing Portfolio from Omni New York in $105M Deal

Camber Property Group has completed a $105 million acquisition of three Project Based Section 8 affordable housing complexes formerly owned by Omni New York. The three properties include Grace Towers, a 168-unit building in East New York, Brooklyn; Target V Apartments in the Morris Heights section of The Bronx; and Madson Apartments in East Harlem.

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Permits Filed for 130 East 177th Street in Mount Hope, The Bronx

Permits have been filed for a 12-story mixed-use residential building at 130 East 177th Street in Mount Hope, The Bronx. Located between Morris Avenue and Grand Concourse, the interior lot is two blocks south from the Tremont Avenue subway station, serviced by the B and D trains. FHMC Inc, a third party real estate and financial arm of The Postgraduate Center for Mental Health, is listed as the owner behind the applications.

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86 Warren Street Finally Begins To Rise Above Street Level In Tribeca, Manhattan

Construction is rising on the Warren Street Hotel, an 11-story hotel building at 86 Warren Street in Tribeca. Designed by Stonehill & Taylor Architects and developed by Solil Management, the 135-foot-tall structure will yield 44,000 square feet with 70 guest rooms operated by Firmdale Hotels, a restaurant, a drawing room, an orangery, a bar, and a private event space. Pavarini McGovern, LLC is the general contractor, Kit Kemp is the interior designer, and Paul Taylor under the Warren Street Hotel LLC is the owner behind the previously filed permit applications for the project, which is located between Greenwich Street and West Broadway.

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