Residential


1260 43rd Street

Four-Family Residential Project Planned for 43rd Street in Borough Park

Property owner Naftali Steinmetz has filed new applications for a four-story, four-unit residential building, previously filed in 2013, for the currently vacant lot at 1260 43rd Street, in Borough Park. The building will measure 5,505 square feet, and Asher Hershkowitz is designing. The site’s three-story predecessor had been demolished in early 2014.




125 West 16th Street

125 West 16th Street Set For Renovation and Expansion

Per The Real Deal, Raphael Toledano has acquired the six-story, 39-unit rental building at 125 West 16th Street, in southeastern Chelsea, for $41.5 million. The new owner plans to add two stories and 20 units to the top of the building, and the existing structure will also be renovated. Madison Realty Capital provided $34 million for the purchase and construction costs.


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