Construction on the full-block development at Front & York is swiftly ascending at 85 Jay Street in DUMBO, Brooklyn. Designed by Morris Adjmi Architects and developed by CIM Group and LIVWRK, the the 1.1-million-square-foot residential project will rise 21 stories and yield 728 apartments that start around $950,000.
Permits have been filed for a six-story mixed-use building at 39-04 29th Street in Long Island City, Queens. Located between 39th Avenue and 40th Avenue, the lot is two blocks from the 39th Avenue subway station, serviced by the N and W trains. Nestor Varela under the 39-08 29th Street LLC is listed as the owner behind the applications.
Installation has begun on the first portions of the glass curtain wall of the main profile at 540 Fulton Street, a mixed-use skyscraper in Downtown Brooklyn. Located at the corner of Fulton Street and Flatbush Avenue, work on the 511-foot-tall reinforced concrete structure topped out in the fourth quarter of 2019. The 43-story building is designed by Marvel Architects and developed by Jenel Management. The project will contain 330,000 square feet, with 71,844 square feet allocated to commercial use and 22,054 square feet designated for retail on the lower floors. The remaining 239,142 square feet will be spread across 327 residential units. Zebian International Facade Solutions is the manufacturer for the curtain wall.
A local development team is in pursuit of amendments to existing zoning ordinances to facilitate the construction of a three-building development in Borough Park, Brooklyn. Located on a multi-lot assemblage at 1501-1555 60th Street, the complex would replace a cluster of low-rise properties including a small medical office, warehouses, an automotive shop, minor residential properties, and associated parking areas.
Affordable and supportive housing developer Camper Property Group‘s latest project for low-income households and the formerly homeless is set to break ground at 913 East Tremont Avenue in West Farms, The Bronx. The estimated construction cost for the project is approximately $50 million, which is funded in part through tax-exempt bond financing, as of right tax credit equity provided by Wells Fargo, and public subsidies from the New York State Housing Finance Agency and New York State Homes and Community Renewal.