Residential

Rendering illustrates 1057 Atlantic Avenue - Courtesy of Dencityworks

456-Unit Building Tops Out at 1057 Atlantic Avenue in Bed-Stuy, Brooklyn

Construction has topped out on 1057 Atlantic Avenue, a 17-story residential building in Bedford-Stuyvesant, Brooklyn. Designed by dencityworks and developed by Douglaston Development, the sprawling 474,000-square-foot structure will yield 456 rental apartments in studio to three-bedroom layouts, with 137 units reserved for affordable housing, as well as 35,000 square feet of amenities and 31,000 square feet of ground-floor retail space. Levine Builders is the general contractor for the $320 million project, which was formerly addressed as 1045 Atlantic Avenue and is located between Classon and Franklin Avenues.

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Render of 26-01 4th Street, courtesy of Lu Ning Architecture

Developer Secures Bridge Loan to Complete 26-01 4th Street In Astoria, Queens

Developers have secured a $60.25 million bridge loan to complete construction on 26-01 4th Street, a 13-story residential building in the Hallets Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 parking spaces. New Land Capital arranged the loan from Slate Property Group and LibreMax Capital for the property, which is located at the corner of 4th Street and 26th Avenue.

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