Biddle Real Estate Ventures and PCD Development have secured a $142 million construction loan to complete The Daymark, a five-story residential property at 4 Lighthouse Landing in Sleepy Hollow, New York. Located within the Edge-on-Hudson mega complex, the property will comprise a mix of condominiums, residential amenities, and ground-floor retail.
The affordable housing lottery has launched for Astoria West Phase 2, two parts of a 522,000-square-foot complex comprised of a trio of interconnected structures at 11-12 30th Drive and 11-28 30th Drive in Astoria, Queens. Designed by Fogarty Finger Architects and developed by Cape Advisors, the structures yield 534 apartments and an extensive amenity package. Available on NYC Housing Connect are 126 affordable housing units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $80,572 to $187,330.
Permits have been filed for a five-story residential building at 2150 Clinton Avenue in Belmont, The Bronx. Located between East 181st Street and East 182nd Street, the lot is near the West Farms Square East/Tremont Avenue subway station, serviced by the 2 and 5 trains. Zev Mayer of Skyrock NYC is listed as the owner behind the applications.
Sales have launched for 74 Grand Street, a six-story reconstructed landmarked building developed by Churchill Real Estate in Manhattan’s Soho-Cast Iron Historic District. 74 Grand offers a mix of two- and three-bedroom loft residences and a duplex penthouse within a building that features the restoration of its 32-ton cast-iron façade. Designed by C3D Architecture/Joseph Pell Lombardi, the new construction development also has ground-floor retail and an addition to the structure. CORE is handling sales with prices ranging from approximately $4,500,000 to $7,000,000.
Renovation work is ramping up on 101 Franklin Street, a 16-story commercial building in Tribeca. Designed by Rafael Viñoly Architects and developed by Columbia Property Trust, the project involves the replacement of the mid-century façade with a new modern glass curtain wall, as well as an overhaul of the 235,000 square feet of office space. The property was originally constructed in 1948 and is located along the west side of Church Street between Franklin and Leonard Streets. Urban Atelier Group is serving as the construction manager of the project.
