208 Delancey Street Completes Construction on Manhattan’s Lower East Side

Construction is complete on 208 Delancey Street, a 12-story residential building on Manhattan’s Lower East Side. Designed by ODA New York and developed by New Empire Corporation, the 85,000-square-foot structure yields 85 condominium units in studio to three-bedroom layouts with sales and marketing led by Compass. The property is located by the corner of Delancey Street and Pitt Street.

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77 Water Street - © John W. Cahill; CTBUH

Sage Realty Secures $127.5M Loan to Complete Improvements at 77 Water Street in Financial District, Manhattan

Sage Realty and Principal Real Estate Investors have secured a $127.5 million financial package to complete major capital improvements at 77 Water Street, a 26-story commercial building in Manhattan’s Financial District. The scope of work will focus on the pedestrian plaza at the foot of the property, upgrades to the lobby, and a redesign of the existing arcade.

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Housing Lottery Launches for 724 Elton Avenue in Melrose, The Bronx

The affordable housing lottery has launched for 724 Elton Avenue, a four-story residential building in Melrose, The Bronx. Built in 1931 for industrial use, the structure was altered in 2017 for residential use. Available on NYC Housing Connect are five units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $187,330.

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