Tribeca Investment Group, Meadow Partners, and PGIM Real Estate have secured $150 million in construction financing to complete a commercial modernization project at 295 Fifth Avenue in Midtown, Manhattan. Construction recently completed on a penthouse addition, bringing the structure to 19 stories and 710,000 square feet.
Related Companies and The Hudson Companies have closed on a $185 million financial package to complete Riverwalk 9, a 28-story residential building at 430 Main Street on Roosevelt Island. Designed by Handel Architects, the tower is the ninth and final component of the Riverwalk mega-development. Wells Fargo provided financing for the housing development.
Battery Park City Authority, the Art for Justice Fund, and the Ford Foundation have unveiled a trio of public mosaics at Esplanade Plaza in Lower Manhattan. Entitled Justice Reflected, the mosaics are located on a 90-foot granite wall at the southern end of Battery Park’s North Cove Marina and were created by artist James Yaya Hough.
Harlem Biospace will open its second biotech incubator space in the Mink Building, a historic commercial property at 1361 Amsterdam Avenue in Manhattanville. The new facility will provide 10,250 square feet of affordable laboratory space for early-stage small- and mid-sized life science companies.
Permits have been filed for an eight-story mixed-use building at 2535 Frederick Douglass Boulevard in Harlem, Manhattan. Located between West 135th and West 136th Streets, the lot is steps from the 135th Street subway station, serviced by the A, B, and C trains. Mamadou Cedric Davis is listed as the owner behind the applications. Previous permits filed in 2020 by Saba Vadhat called for a 61,642-square-foot building with 22 residences and 23,979 square feet of commercial space.