Residential

144 First Street Reaches 12-Story Pinnacle in Jersey City, New Jersey

7:30 am on May 9, 2022 By Michael Young

Construction has topped out on 144 First Street, a 12-story residential building in Jersey City‘s Powerhouse Arts District. Designed by Fogarty Finger Architecture and developed by EPIRE, the 125-foot-tall structure will yield 115,000 square feet with 84 apartments ranging from studios to three-bedroom units, as well as ground-floor retail space for two tenants. WSP is the structural engineer and Molfetta Corporation is the general contractor for the project, which is bound by Provost Street to the east, 1st Street to the south, and 2nd Street to the north. BHI, the U.S division of Israel’s Bank Hapoalim, provided a $36 million construction loan for the project in January.

Renderings Revealed for Sol on the Park Affordable Housing Development in Morrisania, The Bronx

7:00 am on May 9, 2022 By Sebastian Morris

The Department of Housing Preservation and Development (HPD), Housing Development Corporation, and NYCHA have announced plans to construct Sol on the Park, a 195-unit affordable housing property in the Morrisania section of The Bronx. Located at the corner of St. Paul’s Place and Park Avenue, the project sits within the Morris II public housing development.

Permits Filed for 1351 Jerome Avenue in Mount Eden, The Bronx

6:30 am on May 9, 2022 By Vanessa Londono

Permits have been filed for an 11-story residential building at 1351 Jerome Avenue in Mount Eden, The Bronx. Located between Marcy Place and Elliot Place, the lot is one block from the 170th Street subway station, serviced by the 4 train. Joseph Riegler is listed as the owner behind the applications.

241 West 28th Street’s Brick Façade Takes Shape in Chelsea, Manhattan

8:00 am on May 8, 2022 By Michael Young

Façade work is shaping up at 241 West 28th Street, a pair of 22-story residential buildings in Chelsea. Designed by COOKFOX for MAG Partners, Atalaya, Safanad, and Qualitas, the 400,000-square-foot development will yield 480 units with 30 percent reserved for low- and middle-income households, as well as 8,500 square feet of ground-floor retail space. King Contracting Group is in charge of brickwork and Urban Atelier Group is the general contractor for the complex, which is located between Seventh and Eighth Avenues on what used to be an open-air parking lot that MAG Partners acquired in December 2018 under a 99-year ground lease with Edison Properties.

15 Beekman Street Begins Ascent in the Financial District, Manhattan

7:30 am on May 8, 2022 By Michael Young

Construction is rising on 15 Beekman Street, Pace University’s new 27-story expansion in the Financial District. Designed by Manish Chadha of Ismael Leyva Architects and developed by SL Green Realty, the 338-foot-tall tower will yield 213,084 square feet with classrooms, dorm rooms, a dining facility, a library, and a learning center. New Line Structures & Development is the general contractor for the property, which is alternately addressed as 126-132 Nassau Street and is located at the corner of Beekman and Nassau Streets.

Lobby lounge at The Kingsley - Photo by Alex Staniloff

Leasing Launches for The Kingsley at 2000 Murray Court in Fairfield, New Jersey

7:00 am on May 8, 2022 By Sebastian Morris

Leasing has officially launched for The Kingsley, a new residential property at 2000 Murray Court in Fairfield, New Jersey. Developed by BNE Real Estate Group, the 99-unit building offers a mix of one- and two-bedroom layouts and a collection of health and wellness amenities.

View of East State Street in Trenton, New Jersey - Wikicommons

New Jersey Community Capital Awarded $985,000 for Continued Neighborhood Revitalization in East Trenton, New Jersey

7:30 am on May 7, 2022 By Sebastian Morris

The New Jersey Department of Community Affairs has awarded $985,000 to New Jersey Community Capital (NJCC) to facilitate the development, preservation, and enhancement of affordable housing, vocational programming, and community facilities in East Trenton.

Permits Filed for 950 Ogden Avenue in Highbridge, The Bronx

6:30 am on May 7, 2022 By Vanessa Londono

Permits have been filed for a four-story residential building at 950 Ogden Avenue in Highbridge, The Bronx. Located at the intersection of West 162nd Street and Ogden Avenue, the lot is close to the 161st Street-Yankee Stadium subway station, serviced by the B, D, and 4 trains.

YIMBY Reveals Penthouse Conversion Atop Candela’s 360 Central Park West, On Manhattan’s Upper West Side

8:00 am on May 6, 2022 By Michael Young

YIMBY got a rare, private look at a unique new penthouse atop 360 Central Park West, an early 20th century building on Manhattan’s Upper West Side. Originally designed by Rosario Candela in 1929, the upper floors and interiors are now being converted and meticulously transformed into a spacious new condominium duplex designed by CetraRuddy Architecture. Located at the crossroads of Central Park West and 96th Street, the full-service prewar building is the only condominium on Central Park West that bears the prestigious Candela imprimatur.

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Renderings of the new mixed-income property at Essex Plaza - Courtesy of Fairstead

Rendering Revealed for Mixed-Use Affordable Housing Development in Newark, New Jersey

7:30 am on May 6, 2022 By Sebastian Morris

Fairstead and LIHC Investment Group have announced plans for a six-story mixed-use development at 127 Orchard Street in Newark, New Jersey. Part of Essex Plaza, a 13-building residential complex, the new structure will replace a surface-level parking lot and yield 365,000 square feet with 241 units. Forty percent of these will be set aside as affordable units for households and individuals at 60 percent area median income (AMI). In practice, that equates an annual income of $64,400 for a four-person household.

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