Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 Bergenline Avenue and will also include a 152-vehicle parking garage and 2,400 square feet of retail space.
Renovation work is complete on 604 Fifth Avenue, a six-story commercial building in Midtown, Manhattan. Designed by William Van Alen, architect of the Chrysler Building, the 65-foot-tall structure opened as the Childs Building in 1924 and most recently housed an 18,000-square-foot TGI Fridays. Japanese confectioner Minamoto Kitchoan purchased the property from The Riese Organization for $45 million in April 2021 for its new flagship store. Andrew Pettit Architect was the designer and Cross Management Corp. was the general contractor for the interior and exterior renovation project, which is located between East 48th and 49th Streets.
Jersey City officials have revealed plans to redevelop an aging public housing property into a mixed-use, mixed-income complex in the city’s downtown area. Known as The Holland Gardens Revitalization Plan, the project team includes the Jersey City Housing Authority (JCHA), PS&S Architects, and WinnDevelopment, a Boston-based subsidiary of real estate investment firm Winn Companies.
The City of Bayonne in New Jersey has approved proposals to construct the first phase of NY Vue, a 26-story residential tower set to become the city’s tallest structure. The tower is planned to take shape on a 155,000-square-foot parcel at the intersection of Chosin Few Way and 40th Street near the Hudson River waterfront.
Exterior work is nearing completion on 2300 Cropsey Avenue, a 23-story mixed-use tower in Gravesend, Brooklyn. Designed by Michael Kang Architect and developed by Cropsey Partners LLC, the structure spans 329,522 square feet and will yield 154 rental units spread across 220,000 square feet, as well as an ambulatory center and a supermarket. Wave Construction is the general contractor for the property, which is located at the intersection of Cropsey and 23rd Avenues, adjacent to the Belt Parkway.
