A joint venture led by Claremont Development, Stanbery Development Group, and PCCP has closed on a $146.6 million loan to redevelop a vacant commercial campus into a vibrant mixed-use community in Parsippany, New Jersey. The property is located near the Route 10-Dryden Way exit and will debut as The District at 15fifteen.
Piedmont Office Realty Trust has revealed an extensive capital improvement program at 60 Broad Street, a 38-story mid-century office tower in Manhattan’s Financial District. Designed by Morris Adjmi Architects, a tenant at the building, the overhaul will create a new building entryway, a renovated lobby, modernized elevator cabs, and new amenity spaces. The property is bound by Beaver Street to the south, Broad Street to the east, and New Street to the west.
Las Vegas Sands has revealed proposals to redevelop roughly 80 acres of vacant land surrounding the Nassau Veterans Memorial Coliseum into a new casino and entertainment complex in Uniondale, Long Island. The campus would also have a hotel, outdoor spaces for private events and community gatherings, celebrity chef restaurants, flexible meeting and convention space, a day spa, and a live performance venue that the developer said will honor the long legacy of live music at Nassau Coliseum.
Permits have been filed for a three-story mixed-use building at 162 26th Street in Greenwood Heights, Brooklyn. Located between 3rd and 4th Avenues, the interior lot is one block south of the 25th Street subway station, serviced by the R train. Carl Termine, Jr. of Advanced Plumbing, Heating & Sprinkler Corporation is listed as the owner behind the applications.
Construction has topped out on 270 Johnston Avenue, a 24-story residential tower in Jersey City’s Bergen-Lafayette neighborhood. Designed by Marchetto Higgins Stieve Architects and GRT Architecture and developed by Alpine Residential and Fields Grade, the structure will yield 169 rental units, a collection of amenity spaces, a small parking lot, and roughly 9,000 square feet of retail spread across the ground and second floors.
