Residential

Durst Organization Reveals Plans for Sven Park in Long Island City, Queens

The Durst Organization has released the first renderings of a new public outdoor space at the base of Sven, the developer’s latest residential skyscraper at 29-37 41st Avenue in Long Island City. The half-acre space will debut as Sven Park and offers a new playground, dog runs, workout and parkour facilities, ping-pong tables, swinging benches, and stationary seating.

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1 Park Row’s Demolition Nears Street Level in Financial District, Manhattan

Demolition is progressing at 1 Park Row, the site of a 23-story mixed-use building in the Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, the 103,000-square-foot structure will yield 58 condominiums in one-, two-, and three-bedroom configurations, along with 19,000 square feet of commercial office and retail space on the lower levels. MJM Associates Construction LLC is the general contractor and 1 Park Row Development LLC is the owner of the property, which sits at the intersection of Park Row and Ann Street. 1 Park Row received a $90 million construction loan from Los Angeles-based Parkview Financial last summer.

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Santaella Gardens - Dattner Architects

Santaella Gardens Affordable Housing Property Debuts at at 1230 Metcalf Avenue in Soundview, The Bronx

Acacia Network and Phipps Houses recently celebrated the grand opening of Santaella Gardens, a 249-unit affordable housing property in the Soundview section of The Bronx. Located at 1230 Metcalf Avenue, available homes are reserved for individuals and households earning between 30 percent and 90 percent Area Median Income (AMI), as well as 25 units for the formerly homeless.

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