SCALE Lending recently provided a $64 million financing package for developers to complete a new 14-story tower at 64 Centre Street in New Rochelle. From developer Allstate Ventures and Richard Bienenfeld Architect, the building will create 144 rental apartments in studio, one-, and two-bedroom floor plans. Additional components include 1,550 square feet of retail, on-site parking, and an unspecified suite of amenities.
Construction is rising on 1165 Madison Avenue, a 13-story residential building on Manhattan’s Upper East Side. Robert A. M. Stern Architects is the design architect, SLCE Architects as the architect or record, and Naftali Group is the developer of the 67,680-square-foot structure, now known as The Bellemont, will stand 210 feet tall and yield 12 condominiums spread across 58,919 square feet, as well as 3,749 square feet of retail space. Titanium Construction Services is the general contractor for the project, which is located at the corner of Madison Avenue and East 86th Street.
The Landmarks Preservation Commission (LPC) unanimously approved a comprehensive renovation of the historic Harlem River Houses surrounding West 151st Street and Adam Clayton Powell Jr. Boulevard in Upper Manhattan. The scope of work includes major improvements to the existing landscape design and outdoor recreation areas, lighting and security improvements, new retail storefronts, refurbished apartments, and sustainability improvements.
L&M Development Partners and Wilder Balter Partners Inc. have completed work on their $190 million project in downtown New Rochelle, called ‘Stella’. The new addition to the city at 10 LeCount Place stands as a 28-story mixed-use residential building. The property is designed by Beyer Blinder Belle and offers 380 homes, including studios and one- and two-bedroom apartments. The Marketing Directors is the exclusive leasing and marketing firm for the development. The gross monthly rents for the 285 market rate residences start around $2,000 per month. Stella is built to Enterprise Green Communities efficiency standard, including Energy Star appliances, Zero-VOC interior paints, LED light fixtures, and water- conserving plumbing fixtures.
The Landmarks Preservation Commission (LPC) is now reviewing proposals to replace a deteriorating low-rise property at 182-186 Spring Street with a new seven-story mixed-use building. The existing property is located in the Sullivan-Thompson Historic District, a newly designated district in the South Village section of Manhattan, and will require a Certificate of Appropriateness from the LPC before construction can break ground.