Residential

533 Mercer Street, aka 289 Jordan, Begins Ascent Over Jersey City

Construction at 533 Mercer Street, aka 289 Jordan, has risen above street level in the McGinley Square neighborhood of Jersey City. Located at the intersection of Mercer Street and Jordan Street, the 16-story mixed-use residential property will contain a total of 300 apartments. These will include 56 affordable housing units, 138 studios, 90 one-bedroom homes, 33 two-bedrooms, and six three-bedroom homes. The project is being designed by Marchetto Higgins Stieve Architects and developed by Mercer Jordan LLC, an affiliate of New York-based company Sequoia Development Group, GRID Real Estate and Dresdner Robin.

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Rendering of Austin 147 (SLCE Architects)

Dunn Development Corp. Secures Financing for 100-Percent Affordable Housing Development at 880 East 147th Street in the South Bronx

Dunn Development Corp. recently secured $37 million in construction financing for Austin 147, an 80-unit supportive and affordable housing block at 880 East 147th Street in the Mott Haven neighborhood of the South Bronx. CAMBA, a Brooklyn-based nonprofit organization, will provide supportive services to the clients who reside in the building after it’s completed. The new property is expected to debut by summer 2021.

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Excavation Set to Begin for Pelli Clarke Pelli-Designed Skyscraper at 555 West 38th Street in Hudson Yards

Work is set to begin at 555 West 38th Street, the site of a 52-story residential skyscraper designed by Pelli Clarke Pelli Architects. Located to the north of the first phase of Hudson Yards along Eleventh Avenue, the property sits directly across from the new expansion of the Jacob K. Javits Center and a couple streets south of the Lincoln Tunnel entrance. Machinery is on site in preparation for the excavation of the asphalt-covered lot to make way for the 570-foot-tall tower. Rockrose is the developer of the project, which will contain 598 rental units.

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79 Winthrop Street in Prospect Lefferts Gardens, Brooklyn

Permits Filed for 79 Winthrop Street in Prospect Lefferts Gardens, Brooklyn

Permits have been filed for a six-story residential building at 79 Winthrop Street in Prospect Lefferts Gardens, Brooklyn. Located between Bedford Avenue and Flatbush Avenue, the lot is two blocks west of the Winthrop Street subway station, serviced by the 2 and 5 trains, and one block east of the Parkside Avenue station, serviced by the Q train. Matt Gold of 102 Lefferts Garden Mazal MNBD is listed as the owner behind the applications.

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