Brooklyn

Daytime view of Riverdale Osborne Towers

Developers Close on $100M Refinance for Riverdale Osborne Towers in Brownsville, Brooklyn

The Community Preservation Corporation (CPC) and Proto Property Services have closed on a $100 million refinance for Riverdale Osborne Towers, a 525-unit affordable housing complex in Brownsville, Brooklyn. The partners plan to use the financing to complete extensive renovations and facility modernization throughout the complex, which is addressed as 420-440 Watkins Street. The funds will also ensure the property remains financially stable and preserves long-term affordability for residents.

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47 Diamond Street Tops Out in Greenpoint, Brooklyn

Construction has topped out on 47 Diamond Street, a three-story residential building in Greenpoint, Brooklyn. Designed by Paul Lombardi of Design Studio Associates and developed by 47 Diamond Street LLC, the 48-foot-tall structure will span 133,321 square feet and yield nine units with an average scope of 1,480 square feet, as well as a cellar level, a penthouse, and a 30-foot-long rear yard. Giron Contracting is the general contractor for the project, which is located on an interior lot between Nassau and Driggs Avenues.

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29 Jay Street Reaches Halfway Point in DUMBO, Brooklyn

Construction has reached the halfway point on 29 Jay Street, an 11-story commercial building in Brooklyn‘s DUMBO Historic District. Designed by Marvel Architects and developed by Jay Street Office LLC, the 150-foot-tall structure will yield 225,000 square feet of office space. Sciame Construction is the general contractor for the project, which is located at the northeast corner of Jay and Plymouth Streets.

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Rendering of 300 Huntington Street - Monadnock Development

300 Huntington Street Tops Out in Gowanus, Brooklyn

Construction has topped out on 300 Huntington Street, a six-story commercial building in Gowanus, Brooklyn. Designed by Dattner Architects and Bernheimer Architecture and developed and built by Monadnock Development, the 101,000-square-foot structure will yield 80,000 square feet of office space, 12,290 square feet of retail space, a 3,470-square-foot industrial workshop, 5,780 square feet of unspecified building service area, and a 15,490-square-foot rear yard dedicated to the main anchor tenant. The property is located on a plot bound by Huntington Street to the north, 9th Street to the south, the Gowanus Canal to the east, and Smith Street to the east.

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Exterior Work Progresses on 100-Percent Affordable Development at 1607 Surf Avenue in Coney Island, Brooklyn

Exterior work is progressing on 1607 Surf Avenue, a ten-story, 100-percent affordable housing building in Coney Island, Brooklyn. Designed by S9 Architecture and Engineering and developed by BFC Partners, the 104-foot-tall structure will span 360,912 square feet and yield 376 rental units spread across 282,095 square feet, as well as 11,000 square feet of commercial space, 9,000 square feet of community space, a cellar level, and a 2,500-square-foot primary care facility run by New York City Health + Hospitals. Coney Island Associates Phase 2 is the general contractor for the $189 million project, which is bound by Surf Avenue to the south, West 16th Street to the east, and West 17th Street to the West.

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