Mayor Bill de Blasio’s administration has selected Jonathan Rose Companies and L+M Development Partners to develop a multi-building, affordable mixed-use project at 1691 Madison Avenue, located on most of the block bound by Park and Madison avenues and East 111th and 112th streets in East Harlem.
A ground-breaking ceremony was held last week for the first phase of a mixed-use project at 700 Jackson Street, located on two blocks between 6th and 8th streets in Hoboken, N.J. The first phase will see the construction of a single-story, 6,835-square-foot community gymnasium along Jackson Street, between 6th and 7th streets, and public park space across both blocks. Significant infrastructure work will also be done as part of the first phase, expected to be complete by 2019, Jersey Digs reported.
Just over a year ago, city officials and Knicks player Carmelo Anthony stood in the cavernous Bedford Union Armory in Crown Heights and announced plans to redevelop the historic structure into affordable housing, a recreation center, and condos. Last night, City Councilmember Laurie Cumbo revealed that the city wasn’t sure how much federal housing funding it would receive under the Trump administration, and that uncertainty was threatening negotiations over the city budget and affordable housing at the armory.
Newark, N.J.-based F.M. Renaissance is planning to redevelop the dilapidated, four-story former Murphy Varnish Works industrial complex at 127 Chestnut Street, located on the corner of McWhorter Street in Newark’s Ironbound district.
As Mayor Bill de Blasio’s affordable housing plan kicks into high gear, more developers are pushing through big, subsidized rental projects in the outer boroughs. Today we’ve got a look at a two-building, 14-story development planned for a forlorn, industrial area of the South Bronx.