A joint venture led by Claremont Development, Stanbery Development Group, and PCCP has closed on a $146.6 million loan to redevelop a vacant commercial campus into a vibrant mixed-use community in Parsippany, New Jersey. The property is located near the Route 10-Dryden Way exit and will debut as The District at 15fifteen.
Permits have been filed for a three-story residential building at 1712 10th Avenue in Windsor Terrace, Brooklyn. Located at the intersection of 18th Street and 10th Avenue, the corner lot is a short walk to the 15th Street-Prospect Park subway station, serviced by the F and G trains. Shiraz Sanjana of Huntington & Hicks LLC is listed as the owner behind the applications.
Permits have been filed for a seven-story residential building at 33-25 Junction Boulevard in North Corona, Queens. Located between Northern Boulevard and 34th Avenue, the lot is four blocks north of the Junction Boulevard subway station, serviced by the 7 train. Ashok Patel of Kellys Properties LLC is listed as the owner behind the applications.
Construction is wrapping up on The Edison Gramercy, a 13-story residential building at 250 East 21st Street in Gramercy Park, Manhattan. Designed by Issac & Stern Architects and developed by Urban Development Partners, the 145-foot-tall structure yields 54 condominium units in one- to four-bedroom layouts with interiors by Paris Forino. Douglas Elliman Development Marketing‘s Eklund Gomes Team is leading sales and marketing for the homes with prices ranging from $1.2 to more than $6 million. Ross Associates is the general contractor for the property, which is located at corner of East 21st Street and Second Avenue.
Permits have been filed for a seven-story residential building at 42-09 Hampton Street in Elmhurst, Queens. Located between Whitney Avenue and Elmhurst Avenue, the lot is five blocks south of the 90 Street-Elmhurst Avenue subway station, serviced by the 7 train. Hang Dong Zhang under the C.H 41 LLC is listed as the owner behind the applications.
