Robert A.M. Stern Architects’ Design For 555 West 22nd Street Revealed In West Chelsea

A new rendering has been revealed for 555 West 22nd Street, owned by Related Companies, confirming YIMBY’s last report on its future as a residential building. The West Chelsea lot is currently occupied by low-rise commercial and residential structures as well as a U-Haul lot, however demolition permits were filed in February of last year. Related acquired these properties and adjacent air rights for a total of $234 million.

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la central fxfowle

$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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1935 Bedford Avenue

Rendering Revealed, Permits Filed for 1935 Bedford Avenue, Prospect Lefferts Gardens, Brooklyn

Permits have been filed for a seven-story residential building at 1935 Bedford Avenue, in Prospect Lefferts Gardens, Brooklyn. The site is seven blocks away from the Parkside Avenue Subway Station at the corner of Prospect Park, serviced by the Q trains. The Winthrop Street Station is also six blocks away from the site, and serviced by the 2 and 5 trains. Bedford Holdings JV will be responsible for the development.

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