Construction has broken ground on phase one of Bronx Point, a mixed-use development in the South Bronx. In addition to 542 affordable housing units, phase one includes construction of the Universal Hip Hop Museum, 2.8 acres of public open space, and a robust mix of community facilities.
Occupancy has begun for 77 Charlton, a new condominium building at 77 Charlton Street in Hudson Square, Manhattan. Designed by S9 Architecture and developed by Toll Brothers City Living, the property comprises two 15-story volumes, each set above a private courtyard, and yields 164 units available in studio to three-bedroom layouts. Select homes also include private outdoor space.
The Vantage at 33 Park Avenue is among the latest high-rise residential developments to reach completion in Jersey City. From Fisher Development Associates, the first building in the dual-tower development was completed in 2017 and the second tower will launch leasing this spring.
Construction is now complete on 111 Varick Street, a 30-story residential tower in Hudson Square. Designed by S9 Architecture and developed by Extended, the property contains 100 rental units in a mix of studio, one-, and two-bedroom layouts. Pricing begins at $4,000 per month for studio apartments. Compass Development Marketing Group is the exclusive leasing and marketing agent for the property with leasing already having launched at the end of 2020. The building stands at the corner of Varick Street and Broome Street.
Arch Companies and AB Capstone have secured $106 million in construction financing from Madison Realty Capital for a mixed-use tower at 3-50 St. Nicholas Avenue in Ridgewood, Queens. Located on the North Brooklyn-Queens border, the 17-story building will debut as one of the tallest in the area.
