The next URBY-branded development to debut in New Jersey will soon break ground in Downtown Newark. Led by developer L+M Partners, Newark URBY will eventually comprise 250 market-rate residences ranging from studios up to three-bedroom apartments and 4,000 square feet of ground-floor retail.
A new affordable housing project at 315 Linwood Street in East New York, Brooklyn, recently opened its doors to residents. Known as Linwood Park Apartments, the ten-story building contains 100 units of mixed-income housing, residential amenities, and supportive facilities for low-income and formerly homeless residents.
Community Preservation Partners and L+M Development Partners have revealed a $123 million overhaul of a senior community development know as Norman Towers. Located in East Orange at 500 North Walnut Street, the building contains 406 units of affordable housing and was originally completed in 1980.
Delancey Street Associates has launched leasing at The Artisan, a 26-story residential property at 180 Broome Street in the Essex Crossing development on Manhattan’s Lower East Side.
The glass curtain wall of 202 Broome Street has reached the final setback of the 14-story mixed-use building on Manhattan’s Lower East Side. Designed by CetraRuddy, the property will feature 175,000 square feet of Class A offices with a max of 13-foot-high ceilings, 34,500 square feet of retail space, 83 residential units, and a 9,000-square-foot indoor park and recreation area called Broome Street Gardens. The project is part of the six-acre Essex Crossing complex, which is being developed by Delancey Street Associates, BFC Partners, L+M Development Partners, Taconic Investment Partners, The Prusik Group, and Goldman Sachs Urban Investment Group.
