Construction is expected to break ground soon at 57 Alexander Street, a 440-unit residential building in Yonkers, New York, following approvals for a major financing package valued at $177.3 million. The deal was approved by the Yonkers Industrial Development Agency, a public benefit corporation that provides business incentives to enhance economic growth in the City of Yonkers.
Permits have been filed for a four-story residential building at 3056 Decatur Avenue in Norwood, The Bronx. Located between East Mosholu Parkway North and East 204 Street, the lot is near the 205 Street subway station, serviced by the D train. Zef Perperpaj is listed as the owner behind the applications.
Renderings have been revealed of Avalon Tower, a 70-story skyscraper that will be one of the tallest structures to rise in Jersey City and all of the state. Approved last month, the 950-unit building will be located at 444 Washington Boulevard near the Hudson River Waterfront Walkway. The developer, known as Tower Cove Jersey City Urban Renewal, plans to build the tower on the northwest corner of the site, which is currently occupied by a parking lot. Part of the project includes public spaces called the East Coast Greenway Plaza and Overlook Plaza along Thomas Gangemi Drive that will offer Manhattan skyline views, a pedestrian terrace, a children’s play area, and a dog run.
Permits have been filed for a four-story residential building at 175 Palmetto Street in Bushwick, Brooklyn. Located between Central Avenue and Wilson Avenue, the lot is three blocks from the Myrtle-Wyckoff Avenues subway station, serviced by the L and M trains. Yisroel Greenfeld under the 177 Palmetto Apartment LLC is listed as the owner behind the applications.
Front and York, Morris Adjmi Architects‘ 1.1-million-square-foot residential development at 85 Jay Street, is steadily rising in in DUMBO, Brooklyn. Two construction cranes continue to lift and place materials across the wide floor plates of the reinforced concrete structure. CIM Group and LIVWRK are the developers of the 21-story project, which will yield condominiums, rentals, and retail space.