A wave of new residential development is rapidly transforming Newark, New Jersey, revitalizing its streetscape and contributing new housing to the metropolitan region. In this post, we look at six approved and under-construction projects in the downtown, Ironbound, Central Ward, and University Heights neighborhoods that will deliver nearly 1,200 apartments.
Permits have been filed for a 12-story mixed-use building at 566 Grand Avenue in Crown Heights, Brooklyn. Located between Dean Street and Bergen Street, the lot is near the Franklin Avenue subway station, served by the C train. Josef Goodman of Haussmann Development LLC is listed as the owner behind the applications.
Plans were recently approved for 198-208 Richmond Terrace, a 14-story mixed-use residential building in St. George, Staten Island. Designed by ZArchitecture and developed by ZHL Group, the structure will yield 117 rental units with an average scope of 744 square feet, of which 30 will be permanently affordable apartments. The project will also include roughly 10,100 square feet of ground-floor community facility space, and off-street accessory parking. The sloped property is located near the corner of Richmond Terrace and Nicholas Street.
Construction financing has been secured for 178 Montrose Avenue and 73 Meserole Street, two affordable housing buildings in Williamsburg, Brooklyn. Developed by Slate Property Group and RiseBoro Community Partnership, the structures will yield a combined 312 rental units, with 163 units at 178 Montrose Avenue and 149 units at 73 Meserole Street. An architect has yet to be publicly disclosed, and the total square footage and building heights have yet to be announced.
The affordable housing lottery has launched for 3312-3314 Decatur Avenue, two adjacent four-story residential buildings in Norwood, The Bronx. Designed by Badaly Architect and developed by Cherryann Sankar of 3312 Decatur CS LLC, the structures yield seven residences each. Available on NYC Housing Connect are six units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $96,755 to $238,160.
