Jonathan Rose Companies, L+M Development Partners, and Acacia Network recently closed on a $223 million financing package to complete the second and final phase of Sendero Verde. The complex is located on Madison Avenue between East 111th and East 112th Streets in East Harlem and spans a full city block.
Exterior work is nearing completion on Plank Road, a 27-story residential building at 662 Pacific Street in Prospect Heights, Brooklyn. Formerly addressed as 37 Sixth Avenue, 495 Dean Street, and 664 Pacific Street, the 209,451-square-foot structure is designed by Marvel Architects and developed by The Brodsky Organization and will bring 312 rental units to the Pacific Park complex. The rectangular parcel is located between Dean and Pacific Streets.
Exterior work is complete on Eleven Hancock, a 12-story condominium building at 11 Hancock Place in South Harlem, Manhattan. Designed by Issac & Stern Architects for Norto Development, the property yields 71 units ranging from studio to four-bedroom layouts, as well as three floors of retail space on the lower levels.
This week, Brooklyn’s Community Board 3 unanimously approved proposals to construct a new mixed-use affordable housing property at 1045 Atlantic Avenue in Bedford-Stuyvesant, Brooklyn.
Exterior work is nearing completion on One Boerum Place, a 22-story residential building in Downtown Brooklyn. Designed by SLCE Architects and developed by Avery Hall Investments, Allegra Holdings, and Aria Development Group, the $250 million project will yield 96 apartments designed by Gachot Studios. Nancy Packes, Inc. has launched leasing for the homes, which range from one- to four-bedroom layouts with access to a wide range of amenities. One Boerum Place is bound by Boerum Place to the west, Fulton Street to the north, and Red Hook Lane to the east.
