Permits have been filed for a six-story residential building at 110 West 123rd Street in Harlem, Manhattan. The site is two blocks away from the 125th Street Subway Station on Malcolm X Boulevard, serviced by the 2 and 3 trains. Four blocks further is the Harlem 125th Street Train Station, for Metro-North. Also nearby is the Marcus Garvey Park, a square four-block-wide area with a recreation center and the Richard Rogers amphitheater.
A new seven-story residential building is starting to rise above its townhouse neighbors on the Lower East Side of Manhattan. 150 Rivington Street is located in a quiet spot of the bustling neighborhood, three blocks away from the Delancey-Essex Street Subway Station, serviced by the F, J, M, and Z trains. Cogswell Lee Development will be responsible for the development, which replaces the old Streitz Matzo Factory.
Permits have been filed for a 10-story mixed-use building at 219 Hudson Street, in SoHo. The site is two blocks away from two Canal Street Subway Stations, serviced collectively by the A, C, E, 1 and 2 trains. YIMBY last reported on the site in October 2015, when Joel Braver of Express Builders JB purchased the site for $13.2 million. The firm has retained ownership and will be responsible for development.
A new mixed-use condominium building is racing toward completion in the East Village of Manhattan. 24 2nd Avenue has topped out at the 10th story, with nearly all window installation now complete. Permits were filed for the structure in mid-2015, replacing East Village’s last gas station. AORE Capital is responsible for the development.
Delancey Street Associates has closed a deal for funding the construction of 180 Broome Street, on the Lower East Side. The capital comes from Wells Fargo and M&T Bank, along with equity from DSA and Goldman Sachs Urban Investment Group. The loan secures $200 Million out of the projected total construction cost of $300 million. Essex Crossing is being developed by Delancey Street Associates, which is comprised of BFC Partners, L+M Development Partners, Taconic Investment Partners, and Goldman Sachs.