Permits have been filed for a 10-story mixed-use building at 219 Hudson Street, in SoHo. The site is two blocks away from two Canal Street Subway Stations, serviced collectively by the A, C, E, 1 and 2 trains. YIMBY last reported on the site in October 2015, when Joel Braver of Express Builders JB purchased the site for $13.2 million. The firm has retained ownership and will be responsible for development.
Permits have been filed for a six-story mixed-use building at 40-06 68th Street, in Woodside, Queens. The site is a block away from the 69th Street Fisk Avenue Subway Station, serviced by the 7 train, and six blocks away from the 65th Street Station, serviced by the E, M, and R trains. Tim Chan will be responsible for the development.
Eastern Consolidated has secured a $121.35 million debt and equity package for 140 West 28th Street, a 45-story, 526-key hotel set to rise in Chelsea. The deal is comprised of two sources, which are $97.5 million for the mortgage with Bank of the Ozarks, and $23.85 million for mezzanine construction by Square Mile Capital Management.
Plans for a new eight-story apartment building at 885 Grand Street in East Williamsburg are moving ahead after the joint venture of Lemle & Wolff Development Co. and Alphonso Milo secured a $12.85 million construction loan from Sterling National Bank. Today, YIMBY also has the first rendering for the project.
A new mixed-use condominium building is racing toward completion in the East Village of Manhattan. 24 2nd Avenue has topped out at the 10th story, with nearly all window installation now complete. Permits were filed for the structure in mid-2015, replacing East Village’s last gas station. AORE Capital is responsible for the development.
