Phipps Houses has closed on $116 million in financing to complete the fourth phase of Rockaway Village, a mixed-use affordable housing project in Far Rockaway, Queens. The ongoing development is slowly replacing an abandoned shopping center and will comprise 1,700 units of affordable housing, 120,000 square feet of commercial and community facility space, and 590 parking spaces.
Construction has reached street level on 1841 Broadway, a 25-story, 281-foot-tall residential building on Manhattan’s Upper West Side. Designed by INC Architecture & Design and developed by Global Holdings Management Group, the 180,813-square-foot edifice will yield 173 market-rate and affordable housing units as well as 11,741 square feet of retail space on the first two levels. Pavarini McGovern, LLC is the general contractor and DeSimone Consulting Engineers is the façade consultant for the project, which is located at the corner of Broadway and West 60th Street, just north of Columbus Circle and the southwestern corner of Central Park.
Renderings from GKA Design Group reveal a nine-story mixed-use property at 35-01 Vernon Boulevard Long Island City, Queens. The developer, Agayev Holding, is now pursuing zoning text amendments to permit construction for the nine-story building, which is located in an area currently zoned for three- to four-story multifamily buildings.
Leasing is now underway at Brooklyn Crossing, a new 51-story residential tower in Prospect Heights, Brooklyn. Located at 18 Sixth Avenue, the property is the latest building to debut within the 22-acre Pacific Park master-planned development zone.
The Newark Planning Board has approved an 11-building mixed-use complex located on the former Newark Bears & Eagles Riverfront Stadium campus. The 10.5-acre development site hugs the shore of the Passaic Riverfront and will be completed in nine distinct phases as CitiSquare Newark.