Residential

One Boerum Place’s Superstructure Quickly Rising in Downtown Brooklyn

The angular reinforced concrete superstructure of One Boerum Place is rapidly taking shape in Downtown Brooklyn. Located on a narrow site bound by Boerum Place, Red Hook Lane, and Fulton Street, the mixed-use condominium building will eventually top out at 21 stories. The project is being designed by SLCE Architects and developed by Avery Hall InvestmentsAllegra Holdings, and Aria Development Group, which acquired a $165 million construction loan from Jutland Finance. One Boerum Place is expected to cost around $250 million.

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Rendering of 57 Alexander Street - Rose Associates

Yonkers IDA Approves $177.3 Million in Construction Financing for 57 Alexander Street

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.

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Rendering of Avalon Tower at 444 Washington Boulevard in Jersey City

Renderings Revealed for 70-Story Avalon Tower at 444 Washington Boulevard in Jersey City

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.

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175 Palmetto Street in Bushwick, Brooklyn

Permits Filed for 175 Palmetto Street in Bushwick, Brooklyn

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.

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