Residential


Rendering of 827 Sterling Place. Courtesy of Haussmann Development

Developer Secures Refinancing for The Eve At 827 Sterling Place In Crown Heights, Brooklyn

Haussmann Development has secured $40.75 million in refinancing from ACRES Capital for The Eve, a newly completed residential building at 827 Sterling Place in Crown Heights, Brooklyn. The loan replaces a $38.5 million construction financing package from Urban Standard Capital, which was paid off at $35.8 million. Designed by Issac & Stern Architects and developed by Haussmann Development, the fully electric project yields 76 residential units, including 23 affordable apartments. The property is located between Nostrand and Rogers Avenues.

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295-Unit Development Revealed for 253-275 Delancey Street in Newark, New Jersey

A preliminary rendering has been revealed for 253-275 Delancey Street, a forthcoming seven-story residential building on the southeastern edge of Newark, New Jersey’s Ironbound district. Designed by the Musial Groups Architects, the structure will yield 295 apartments and an enclosed 150-vehicle parking garage. The property occupies a triangular parcel bounded by Delancey Street to the north, Avenue I to the southeast, and Wheeler Point Road to the west.

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Permits Filed for 71 Eldridge Street on the Lower East Side of Manhattan

Permits have been filed to expand a two-story commercial structure into a six-story mixed-use building at 71 Eldridge Street on Manhattan’s Lower East Side. Located between Grand Street and Hester Street, the lot is near the Grand Street subway station, served by the B and D trains. Jingling Tang of 90 Ludlow Real Estate LLC is listed as the owner behind the applications.

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