YIMBY photographed the sites of two forthcoming developments on Manhattan’s Upper East Side. The properties are likely to give rise to new residential buildings that will add much-needed housing units to the thriving neighborhood.
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.
Permits have been filed for a six-story residential building at 285 Bonner Place in Concourse Village, The Bronx. Located near the intersection of Bonner Place and Morris Avenue, the lot is closest to 161 Street-Yankee Stadium subway station, served by the 4 train. Meer Ahmed is listed as the owner behind the applications.
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.
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.
