Mixed-Use

267 West 126th Street

Mixed-Use Balton Commons Brings Affordable Housing to 267 West 126th Street in Harlem

Last week, private equity real estate fund manager Red Stone Equity Partners celebrated the closing of financing for Balton Commons, a $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem, Manhattan. Developed in partnership with Lemor Development Group and Apex Building Group, the seven-story building will have 4,500 square feet of tech incubator space managed by non-profit Silicon Harlem, 1,200 square feet of ground-floor commercial space, 1,350 square feet of community facility space, and 37 residential units dedicated to mixed-income affordable housing for residents between 30 and 90 percent of the area median income.

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12 East 48th Street’s Curtain Wall Assembly Wraps Up Installation in Midtown East

The final exterior touches are underway on 12 East 48th Street, a 367-foot-tall hotel tower in Midtown East. Designed by Handel Architects and developed by Hidrock Realty, the property is set to house a 161-room, 125,000-square-foot Hilton Grand Vacation Hotel. DeSimone Consulting Engineers is the structural engineer, The Rinaldi Group is the general contractor, and IBA Consulting & Engineering, PLLC is the envelope consultant for the building, which is located between Madison Avenue and Fifth Avenue.

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Construction Imminent on Melrose North, an Affordable Housing Development in Morrisania

Construction is expected to begin in January on Melrose North, a residential development that will bring 171 units of supportive and affordable housing to 925 Courtlandt Avenue in South Bronx’s Morrisania neighborhood. In a partnership between developer Bronx Pro Group and the New York City Housing Authority (NYCHA), the $92 million project will be built on a vacant NYCHA waste facility site.

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Construction Wraps Up on The Prime at 22-43 Jackson Avenue in Long Island City, Queens

The final exterior touches are underway on The Prime, a 120,000-square-foot mixed-use project at 22-43 Jackson Avenue in Long Island CityQueens. Designed by SRA Architecture + Engineering and developed by Circle F, the 11-story building will yield 71 residences with interior design by Andres Escobar of Lemay + Escobar Architecture. Sales and marketing for the units is being handled by Ryan Serhant of The Serhant Team and Bravo’s Million Dollar Listing: New York. The complex is located at the confluence of 46th Avenue, Jackson Avenue, and 23rd Street.

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2-01 50th Avenue

Permits Filed for a 32-Story Tower at 2-01 50th Avenue in Long Island City, Queens

Permits have been filed for a 32-story mixed-use building at 2-01 50th Avenue in Long Island City, Queens. Located at the intersection of 50th Avenue and Center Boulevard, the corner lot is two blocks west of the Vernon Boulevard-Jackson Avenue subway station, serviced by the 7 train. Katheline M. Pierre is listed as the owner behind the applications. The development site is under project management by corporate subsidiary Kathens’ Piettokpatia and Foundation of Motion Pictures Information Enterprises.

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