Construction has officially broken ground at Edgemere Commons, a new 11-building affordable housing complex located on the former Peninsula Hospital complex in Edgemere, Queens. The complex spans 9.35 acres and will eventually comprise 2.2 million square feet with 2,050 affordable and supportive housing units.
Permits have been filed to convert a one-story structure into a five-story mixed building at 303 Wythe Avenue in Williamsburg, Brooklyn. Located between South 1st and South 2nd Streets, the lot is within walking distance of the Bedford Avenue subway station, serviced by the L train. Chesky Landau under the 1428 Putnam Towers LLC is listed as the owner behind the applications.
Construction is now complete on 88 Regent Street, a 32-story residential tower in the Liberty Harbor North Redevelopment area in Jersey City, New Jersey. Designed by Marchetto Higgins Stieve and developed by 88 Regent Street, LLC, the structure will yield 392 rental apartments in studio to two-bedroom layouts, 9,110 square feet of retail space, and 5,595 square feet of commercial office space. The property is located at the corner of Regent Street and Jersey Avenue, directly across from the Jersey Avenue light rail station and the Jersey City Medical Center.
Construction has topped out on 323 East 79th Street, a 17-story residential building in the Yorkville section of the Upper East Side. Designed by Woods Bagot Architects and developed by Boomerang Development Group, which purchased the property from Spruce Capital Partners for $13.7 million, the 214-foot-tall structure will yield 35,045 square feet and 15 full-floor condominium units in three-bedroom, two-bathroom layouts. All homes will feature direct elevator access, and some will span two floors. Sunlight Construction AA is the general contractor for the property, which is located on a narrow plot between First and Second Avenues, a short walk from the 86th Street subway station with access to the Q train.
JS Squared has secured a $43 million construction loan to complete 38 new townhome properties in The Hamptons, Long Island. Located at 66 Nowedonah Avenue in the Water Mill hamlet, the community will debut as Watermill Crossing and is expected to open next spring.
