Permits have been filed for a sixteen-story mixed-use building at 300 West 30th Street, in Midtown, Manhattan. The site is on the corner of 30th Street and 8th Avenue, a block from the southwest corner of Penn Station, and two avenues away Hudson Yards. Hiwin USA group is listed as responsible for the development.
Permits have been filed for a four-story mixed-use building at 1146 47th Street, just south of Greenwood Cemetery in Borough Park, Brooklyn. The site is three blocks away from the 50th Street subway station, serviced by the D trains. Lush Developers is listed as behind the applications.
Permits have been filed for a seven-story mixed-use development at 38 West 8th Street, one block away from Washington Square Park. The site is off the beaten path for Greenwich Village, and the extant structure is not of noteworthy or particular beauty. Despite this, the odds are high this project will attract undeserved criticism from local rent-gouging homeowners fearful of any increase in neighborhood housing supply. Joseph Straus of the Straus Group is listed as responsible for the development.
Until 2017, residential development in downtown Newark was largely a figment of developers’ imaginations. Over the decade prior, proposals were ambitious but financing was scarce. The one project that had gained financing, Eleven80, a rehabilitation-and-reuse of a long dormant former office building, had gone into foreclosure in 2009, reemerging several years later as a diamond in the rough, Downtown’s lone successful project. Meanwhile, supporting retail was extremely limited.
Construction has officially wrapped at 275 South Street, in Manhattan, following a full-scale renovation of the aging residential building. The project is one of the most recent properties to debut in “Two Bridges,” a neighborhood nestled at the southern end of the Lower East Side that has witnessed a remarkable uptick in high-rise developments including Extell’s One Manhattan Square and 259 Clinton Street, designed by Perkins Eastman.