Residential

Exterior Work In Progress On Five-Story Building At 47-09 5th Street in Hunters Point, Long Island City

Exterior work is in progress on a five-story building at 47-09 5th Street in the Hunters Point section of Long Island City, a block and a half away from the East River waterfront. In a typical development for Long Island City, an aging commercial property is being replaced with residences anchored by retail. In an unusual move, the developer, Studio Square per the DOB, opted to add three floors on top of the existing building rather than demolishing and starting anew. The eight residences would occupy 11,075 square feet, giving an average of 1,384 square feet per unit.

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440 Elizabeth Avenue

216-Unit Redevelopment Proposed For Abandoned 25-Story Building At 440 Elizabeth Avenue, Newark

The Ishay Group is proposing to redevelop the long-vacant, 25-story, 246,600-square-foot Carmel Towers building at 440 Elizabeth Avenue, also known as 203-221 Meeker Avenue, in Newark’s South Ward. The dilapidated tower would contain 216 residential units ranging from one- to three-bedrooms, Jersey Digs reported. Amenities would include a lounge, entertainment room, pool, fitness center, roof deck, and community garden. Mancini Duffy Architecture is behind the renovation’s design. The project must first be approved by the Newark Central Planning Board, which is scheduled to hold a meeting on October 24.



136 Summit Avenue

Nine-Story, 99-Unit Mixed-Use Building Approved For 136 Summit Avenue, Jersey City

The Jersey City Planning Board recently approved plans for a nine-story, 99-unit mixed-use building at 136 Summit Avenue, located on the corner of Fairmount Avenue in Jersey City’s McGinley Square section. The project will include 2,240 square feet of retail space and a 75-car parking garage. Monticello Equities is the developer and Kushner Studios is behind the architecture. The site is currently occupied by a three-story medical building. A construction timeline has not been disclosed, Jersey Digs reported.


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