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$335 Million in Financing Secured for Second Phase of La Central Development, South Bronx

The team behind the La Central Development has closed a deal for financing towards the construction of their massive mixed-use project in the Melrose Community of the South Bronx. This is one of the largest mixed-income projects currently under construction in New York City. Once complete, the project will span 1.1 million square feet, with five buildings and 992 units entirely devoted to affordable housing.

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411 West 35th Street Hero View, Rendering by Binyan Studios

New Renderings Revealed, Leasing Begins for 411 West 35th Street, Hudson Yards District

New renderings are out for a twelve-story mixed-use building under construction at 411 West 35th Street, in the Hudson Yards District of Manhattan. The Lewis is named after Lewis Katz, who dedicated his life to improving the chances of success for younger people, particularly those disadvantaged by circumstance. This news corresponds with the launch of leasing for the 186 rental units.

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Edwin's Place

Permits Filed for Robert A.M. Stern Architects-Designed 845 Howard Avenue in Brownsville, Brooklyn

Our last reporting on 845 Howard Avenue was after the NYC Department of City Planning gave approval to the Robert A.M. Stern Architects’ design in October. Now, permits have been filed for the site, which also goes by 3 Livonia Avenue, in Brownsville, Brooklyn. The project will be named Edwin’s Place, and will be the fifth project in Brooklyn by the non-profit partnership of Breaking Ground and The African American Planning Commission Inc.

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Italian American Museum, rendering courtesy Oved Group

Demolition Permits Filed for 185, 187, and 189 Grand Street, Little Italy, Manhattan

Demolition permits have been filed for the home of the Italian American Museum, who operate out of 185, 187, and 189 Grand Street in Little Italy, Manhattan. However, this is not a disappointment for the institution. They had been trying to sell their current location for years, on the condition that they are provided with rent-free space within the replacement. They were finally successful in February 2017, when their buildings were purchased for $14.8 million by Oved Group and Nexus Building Development Group.

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