The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.
Permits have been filed for a four-story residential building at 3825 Carpenter Avenue in Olinville, The Bronx. Located between East 222nd Street and Bronx Boulevard, the lot is one block west of the 219th Street subway station, serviced by the 2 and 5 trains. Aleksander Kalaj is listed as the owner behind the applications, who is also responsible for the adjacent development at 3823 Carpenter Avenue.
Construction is progressing on 107 Mott Street, an eight-story residential building in Chinatown, Manhattan. Designed by Group Projects Architecture and developed by 107 Mott Street Realty LLC, the 74-foot-tall structure will span 9,958 square feet and yield 11 units with an average scope of 771 square feet, as well as 1,470 square feet of ground-floor retail space, a cellar level, and a 40-foot-long rear yard. The property is located on an interior lot between Canal and Hester Streets.
Permits have been filed for a four-story residential building at 511 Meeker Avenue in Greenpoint, Brooklyn. Located between Russell Street and McGuinness Boulevard, the lot is closest to the Nassau Avenue subway station, serviced by the G train. Harold Freund under the 511 Holdings LLC is listed as the owner behind the applications.
At number eight on on our year-end countdown of the tallest buildings underway in New York is 262 Fifth Avenue, a 1,000-foot-tall residential supertall in NoMad, Manhattan. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project LLC, the 54-story skyscraper will yield 41 condominium units and 11,000 square feet of retail space on the first two floors. WSP is the structural and M.E.P. engineer and CM & Associates Construction Management is the general contractor for the property, which is located at the southwest corner of Fifth Avenue and West 29th Street.
