FOUND Study, a provider of affordable student and intern housing, now operates one of largest hotel-to-residential conversion projects in Manhattan history. Located at 525 Lexington Avenue in Turtle Bay, the landmarked building was completed in 1923 and is designed by Empire State Building architect Arthur Loomis Harmon.
A new and improved children’s park has opened in downtown Jersey City. Located along Merseles Street between Interstate 78 and the Booker T. Washington public housing complex, Gateway Park now features a new multipurpose turf field, a resurfaced basketball court outfitted with new basketball hoop posts, stormwater drainage systems, and a new playground with improved accessibility for kids of all ages and abilities.
A $44 million project to protect the Montauk Point Lighthouse and the deteriorating bluff surrounding the historic landmark in Suffolk County is now complete. The structure is located on the easternmost point of Long Island and was authorized in 1792 by the Second Congress under President George Washington and completed in November 1796.
The Bronx Logistics Center in Hunts Point has officially achieved a LEED v4 Platinum rating, the highest LEED certification granted by the U.S. Green Building Council. Designed by ARCO and developed by Turnbridge Equities and Dune Real Estate Partners, the 1.3-million-square-foot facility is on track to open this year and will be among a small group of LEED Platinum-rated distribution buildings in the country.
Eagle Cliff Real Estate Partners has secured a $19.5 million construction loan to complete a Class-A logistics and distribution center at 4955 Veterans Memorial Highway in Holbrook, Long Island. Located in Suffolk County, the property will debut as the Holbrook Logistics Center with more than 108,000 square feet.
