According to developer Wayne Moy, condominium sales will soon exceed 90 percent at 81 McGuinness Boulevard, a six-story residential building in Greenpoint, Brooklyn. The property was designed by Angelo Ng & Anthony Ng Architects and completed in 2020. Today, only one unit remains unsold, a two-bedroom, two-bathroom home priced at $1.59 million.
Construction is nearing topping out on 601 Baltic Street, a ten-story residential building in Gowanus, Brooklyn. Designed by Orlando Diaz of Form4 Design Studio PLLC and developed by Yiannes Einhorn of Einhorn Development Group, the 30,018-square-foot building will yield 25 units. Built By Grid LLC is the general contractor and King Contracting Group in charge of the brick and CMU work for the property, which is located at the corner of Baltic Street and Fourth Avenue.
Parkview Financial has provided $66 million in construction financing for developers to complete a new 131-unit multifamily rental building in Windsor Terrace, Brooklyn. Construction has already broken ground at 57 Caton Place, where the building will eventually rise nine stories above ground.
Permits have been filed for an eight-story mixed-use building at 275 Lorimer Street in Williamsburg, Brooklyn. Located between Boerum Street and Broadway, the lot is just north of the Broadway Triangle, the Lorimer Street subway station, serviced by the J and M trains and the Broadway station, serviced by the G train. Hamilton Eastman and the Department of Housing Preservation and Development is listed as the owner behind the applications.
The affordable housing lottery has launched for 310 Livingston Street Apartments, a 23-story residential building at 308 Livingston Street in Downtown Brooklyn. Designed by Fogarty Finger Architecture and developed by Lonicera Partners, the structure yields 160 residences. Available on NYC Housing Connect are 48 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $55,715 to $167,570.