Fogarty Finger

The Eliza Nears Completion at 4790 Broadway in Inwood, Manhattan 

Construction is nearing completion on The Eliza, a 14-story all-affordable residential building at 4790 Broadway in Inwood, Manhattan. Designed by Fogarty Finger and Andrew Berman Architect and developed by the New York City Department of Housing Preservation and Development, the New York City Housing Development Corporation, and the New York Public Library (NYPL), the structure will yield 174 rental units in studio- to three-bedroom layouts, a public library, a preschool, and community facilities. Ranger Properties LLC is listed as the owner and Mega Contracting Group is the general contractor for the property, which is located on an interior rectangular parcel between Dyckman and Academy Streets. The project is named in honor of Eliza Hamilton, the wife of Alexander Hamilton.

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Window Installation Progresses on 1 Park Row in Financial District, Manhattan

Exterior work is moving along on 1 Park Row, a 23-story mixed-use building in Lower Manhattan’s Financial District. Designed by Fogarty Finger Architects and developed by Circle F Capital, which received a $90 million construction loan from Parkview Financial in 2021, the 305-foot-tall structure will span 103,000 square feet and yield 58 condominium units in one- to three-bedroom layouts with interior design by Paris Forino, along with 19,000 square feet of office and retail space on the lower levels. Cauldwell Wingate is the general contractor and 1 Park Row Development LLC is the owner of the property, which is located at the intersection of Park Row and Ann Street, directly across from the southern tip of City Hall Park.

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Arris Grand, courtesy of Fogarty Finger

SCALE Lending Finalizes $46 Million Bridge Loan for Arris Grand in Clinton Hill, Brooklyn

SCALE Lending, the debt financing division of Slate Property Group, has finalized a $46 million bridge loan for Arris Grand, a recently completed nine-story residential building at 982-998 Fulton Street in Clinton Hill, Brooklyn. The loan will be utilized to pay off the existing construction loan and support the lease-up phase of the multifamily building.

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Excavation Begins at 29-15 40th Road in Long Island City, Queens

Construction has broken ground at 29-15 40th Road, the site of a new residential building in Long Island City, Queens. Details are slim for the project, which is being designed by Fogarty Finger Architects and developed by SB Development, which also acquired the adjacent lot at 29-13 40th Road for $8.7 million over the fall. 29-15 40 RD LLC is listed as the owner and Alba Services Inc. served as the demolition contractor for the property, which is located on an interior lot bound by 40th Avenue to the north and 40th Road to the south.

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